Capitol Bank hires Tim Nemec as Vice President of Commercial Lending

Madison, WI: Ken Thompson, President and CEO of Capitol Bank, is pleased to announce the recent hiring of Tim Nemec as Vice President of Commercial Lending. Tim will be based out of Capitol Bank’s Verona, WI location. Tim has 30 years of experience in the financial services industry, including over 20 years in commercial lending. He earned an associate degree in accounting from Wisconsin Indianhead Technical Institute and is also a graduate of the Wisconsin Bankers Association Commercial Lending School at St. Norbert College.

“Tim’s experience in commercial lending is a great addition to our strong commercial lending team, as well as to our Verona branch,” said Thompson.

Tim lives in Menomonee Falls with his wife and dog. He enjoys spending time with their three adult children and three grandchildren, as well as partaking in hunting, fishing and other sports. Tim is a past member of Kiwanis, Lions and Jaycees, as well as a volunteer youth coach and Sunday school teacher for a combined 30 years.

About Capitol Bank: Capitol Bank, locally-owned and operated, is committed to serving the communities in which we live, work and do business. We are proud of the partnerships we have established with organizations, businesses and individuals in the Madison and Verona communities. Our philosophy of community support is demonstrated at the corporate level, as well as in the time and energy our employees devote to our community each year. Capitol Bank is Member FDIC.

Build With Habitat in the Heart of Downtown Madison

Habitat for Humanity of Dane County has a very cool sponsorship opportunity coming up this summer. During the Farmer’s Market on July 27, we are going to “Frame-Up” a Habitat home in between the Capitol Building and Monona Terrace on the 100 block Martin Luther King Jr. Blvd.

This will be, hands-down, our largest and most visible event, with thousands of market goers seeing us stand up the walls of an entire Habitat home in the middle of the street. What a great way to show the community that your company is investing in affordable housing solutions in Dane County!

Limited sponsorships are available for $5,000, which include volunteer spots, signage, and media support. Please let us know if you might be interested so we can hold a spot for your company.

Find more information here.

Downtown Habitat Build Response Form

Two Community Banks Officially Merge

For Immediate Release

Contact:

SBCP Bancorp, Inc.: Jim Tubbs, (608) 798-3961

Union Bancorp of Evansville, Inc.: Steve Eager, (608) 490-2251

Two Community Banks Officially Merge
State Bank of Cross Plains Grows to 15 Locations in Three Counties

JUNE 1, 2019, MADISON, Wisconsin – With the merger closing on May 31, State Bank of Cross Plains (SBCP) and Union Bank & Trust Company (UB&T) officially begin operating as one organization on June 1. The merged financial institutions will expand SBCP’s presence from 10 locations in Dane County to a combined 15 locations operating in Dane, Rock, and Green counties, with total assets topping $1.25 billion.

“It became clear early on in the process that both banks shared the same set of core values and priorities, with a strong focus on putting people first,” said Jim Tubbs, President & CEO of State Bank of Cross Plains. “Every decision attempted to improve circumstances for our customers and the employees who assist those customers. Our shared philosophies helped fuel our enthusiasm as we did the hard work behind the scenes to merge both operations and our bank families in a way designed to make this transition seamless to the people we serve.”

Indeed, SBCP’s Tubbs and former UB&T President Steve Eager report very little disruption to the customers and the communities familiar with both banks:

• No layoffs.

• 15 of the merged 16 locations stay open. Both organizations had branch offices in Oregon less than a quarter mile apart. Staff will eventually combine into the former UB&T location at 883 N. Main Street. The SBCP location at 744 N. Main in Oregon will close in July.

• Nothing changes regarding loans. Existing loans will not be sold. Customers keep the same loan terms and continue to work with the same local lender. However, combined capital will enable more opportunities for business and personal loans from the now larger State Bank of Cross Plains.

• Relationships handled by either bank’s Wealth Management group will continue to be handled in the same professional manner as always. This applies to investment management, comprehensive financial planning services, and our most important role as a trusted fiduciary. In addition, clients will have an opportunity to continue working with their same Trust Officer/Wealth Manager team of choice.

• The Ag Services division has grown. More people were added to this team to support existing crop insurance contracts and local lending as this product grows more fully into Dane County, led by Steve Eager.

• Actual changes? Routing numbers for former UB&T checking and savings accounts will be updated as they get incorporated into the SBCP system in September. At that time, the bank will replace debit cards and offer the opportunity to order new checks.

“I’ve known the leaders at State Bank of Cross Plains for decades and have always respected them,” shares Eager. “When my family chose to reduce our level of involvement at UB&T, it gave us all peace of mind to know we could hand the reins over to another bank who also believes in growing local businesses and truly cares about helping the people and families who live and work in these communities.”

State Bank of Cross Plains offers a full range of business, agricultural, and personal financial services, including business, real estate, ag, and consumer lending; crop insurance; wealth management; and financial advisory services.

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Staff Changes in Business Development and Member Services at The Alliance

Press-Release-Staff-Changes-at-The-Alliance

Concero CEO Tells How Her Company Is Unique To Recruiting Industry

Concero is one of only 5% of female-owned tech start-ups in the U.S., and it’s located in the heart of the Midwest – Madison, Wisconsin! The company is transforming the recruiting industry with their unique structure that pairs companies looking to hire with talented, but difficult-to-find, candidates.

The software recruiting firm’s CEO, Amy Arenz, was recently featured in a podcast on WisBusiness.com with business reporter Alex Moe. The podcast revealed how Amy built Concero’s foundation and how the company is growing and even expanding to other parts of the U.S. Their newest office just opened for business in Oakland, CA. Learn more about Concero’s unique approach to recruiting.