Aaron Anderson Joins Lake Ridge Bank as Treasury Management Business Development Officer

Bank Increases Support for Local Businesses, Non-profits, and Municipalities

May 22, 2024 (MADISON, Wis.) – Aaron Anderson has joined Lake Ridge Bank as Treasury Management Business Development Officer. With nearly 13 years of experience as a banker in the Madison-area market, Anderson brings a wealth of knowledge and experience in growing the financial strength of our region. As someone who has lived and worked in Dane County his entire life, Anderson brings a dedication to improving all aspects of life in our local communities.

“We are excited to add Aaron to our Treasury Management team to improve our ability to service the specific needs of clients who help our communities reach their full potential,” says Sam Huntington, Senior Vice President and leader of the bank’s Treasury Management group. “Local businesses and non-profit organizations have unique financial challenges and deserve tailored attention and expertise. We are thrilled to dedicate such a high-caliber banker to this important role.”

Lake Ridge Bank’s Treasury Management Team helps business clients achieve efficient cash management processes in a safe and secure banking environment, establishing payment solutions, fraud protection, secure deposits, and expanded merchant services.

If your organization would like more information on how Lake Ridge Bank can support your financial success, contact Aaron at aanderson@lakeridge.bank.

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Lake Ridge Bank’s mission is to “build prosperous communities, one relationship at a time.” For more than 100 years, this has meant getting to know each of our clients to offer personalized services to meet their specific financial goals. Lake Ridge Bank offers a full line of financial products and services. We focus on offering products and services to make your banking easy. Our business banking and mortgage lenders are trusted leaders in their field with the expertise to provide the right loan at the best rate possible for our clients. As a community bank, we are dedicated to reinvesting in, and making our communities great places to live, work and raise a family. Visit lakeridge.bank to learn more about how we can help you.

Member FDIC | Equal Housing Lender

Lake Ridge Bank. Go Far. Go Together!

For additional information, please contact Mark Schellpfeffer at mschellpfeffer@lakeridge.bank.

CG Schmidt Welcomes New Madison Office Team Members

Read the full press release here

Becca Bryant

Chris Hengel

Tony Lemke

Nick Tomaso

National Guardian Life Insurance Company: Michelle Niemec promoted to Vice President, Controller

Madison, Wis. (May 20, 2024) – Michelle Niemec has been promoted to Vice President, Controller at National Guardian Life Insurance Company (NGL). Niemec joined NGL in 2021 as Assistant Vice President, Accounting Policy and has been instrumental in determining the accounting treatment for the sale of various blocks of business over the last several years, as well as managing the relationship with NGL’s external auditors.

Niemec will oversee accounting operations, financial reporting, accounting policy, expense analysis and financial planning functions at NGL.

“Michelle has a done an excellent job establishing the accounting policy function and managing our external auditor relationship. She is a collaborative leader with a passion for mentoring staff. Aligning our accounting functions under Michelle will allow us to improve processes and controls, in addition to focusing on employee development opportunities,” said Nancy Stoddard, Senior Vice President, Chief Financial Officer at NGL. “I look forward to continuing to work with her and our entire team as we focus on business excellence.”

“NGL has a long history of financial strength. I remain committed to further enhancing our processes and achieving our long-term financial goals as the organization continues to grow,” said Niemec.

Niemec is a CPA who joined NGL with a wealth of experience supporting various organizations in accounting on a statutory, GAAP and IFRS basis. She has a background in public and technical accounting, as well as private equity and strategic transition support.

Niemec holds a Bachelor of Science in Business Administration from The Ohio State University.

She also enjoys hiking, mountain biking and spending time with her family.

About NGL

Established in 1909 National Guardian Life Insurance Company (NGL) is an insurance company headquartered in Madison, Wis. Licensed to do business in 49 states and the District of Columbia, NGL markets preneed and individual life and annuities, as well as group markets products. Information about NGL can be found at www.nglic.com; Facebook: Facebook.com/NGLIC and LinkedIn: https://www.linkedin.com/company/national-guardian-life-insurance-company.

National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America a/k/a The Guardian or Guardian Life.

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Kraus-Anderson Madison names Michael Hinderman Director of Operations

MADISON, Wis. (June 2024) – Kraus-Anderson Construction (KA) has named Michael Hinderman as director of operations for the company’s Madison office. In his new position, he will lead the day-to-day operations of the Madison region, including overseeing all construction projects, marketing programs and business development initiatives. 

A 22-year industry veteran, Hinderman joined KA in 2008 as a project manager. In January 2024, he was promoted from senior project manager to project executive, the company’s top project management position.

Hinderman has overseen dozens of projects in numerous building sectors, including healthcare, education, government, office, retail, conference centers and advanced manufacturing facilities. Some of his notable repeat clients include Verizon, Scheels, Cabela’s, Fidelity Investments, Lowes, Room and Board, Kroger-Roundy’s and Pick ‘n Save. Other project highlights include:

–  La Crosse Center – 90,000-square-foot expansion and renovation;

–  Menasha Corporation – 85,000-square-foot manufacturing center in Pelahatchie, Miss.;

–  Kalahari Resorts Hotel – new four-story, 237-unit hotel  and addition at Wisconsin Dells;

–  Memorial Health of Lafayette County – 82,000-square-foot replacement hospital in Darlington, Wis. 

Hinderman is a member of BioForward of Madison, American Institute of Architects of Wisconsin, Downtown Madison Inc., Greater Madison Chamber of Commerce, Smart Growth and Wisconsin Hospital Association. He received an A.A.S. degree in Construction Management and an A.A.S. degree in Construction Technology from Kirkwood Community College in Cedar Rapids, Iowa. He also holds an ICRA Healthcare Construction Certificate.

About Kraus-Anderson

Established in 1897, Kraus-Anderson (www.krausanderson.com) is an integrated construction management and real estate development enterprise working independently and in collaboration with a family of companies and services, including facilities assessment, K-12 pre-referendum planning, strategic facility planning, sustainability and insurance operations. Kraus-Anderson, an EOE AA M/F/Vet/Disability employer, is headquartered in Minneapolis, Minn. and has regional offices in Madison and Milwaukee, Wis., Fargo and Bismarck, N.D., Duluth, Bemidji and Rochester Minn. and Phoenix, Ariz.

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Capitol Bank Announces Leadership Promotions

For Immediate Release
Sara McCormick
Executive Assistant
Sara.McCormick@capitol.bank
710 N. High Point Road
Madison, Wisconsin 53717

Capitol Bank Announces Leadership Promotions

Madison, WI (May 15, 2024): Capitol Bank’s Board of Directors is pleased to announce the next phase of its internal leadership transition plan, which reinforces Capitol Bank’s continued growth and support of its customers, businesses, and local organizations.

Promotions effective July 1st, 2024:

Ken Thompson will transition from CEO to Executive Chairman of the Board.
Justin Hart will succeed Ken Thompson as Capitol Bank’s third Chief Executive Officer.
Ami Myrland will be promoted to President and Chief Financial Officer.

Thompson had this to say:

“This natural next step in the Bank’s growth maintains consistency in the mission, vision, and values the Bank was founded on more than 25 years ago. Our customers value relationship-focused leadership and consistency, so I take great pride in this transition of Bank leadership to two outstanding bankers who I’ve worked with so closely over the years. Justin and Ami are well suited for their expanded roles and the ongoing support of our full executive management team.

“My focus going forward is to provide future guidance to Bank leadership, customer engagement, shareholder relations, community involvement and banking advocacy.”

Justin Hart has been with Capitol Bank since 2007 and has held leadership positions including Senior Lender and Bank President. As CEO, Justin will continue his predecessor’s work to support Capitol Bank’s vision to be the most trusted community Bank where relationships drive success. Justin holds a B.S. in Finance, an MBA and is a graduate from UW’s Graduate School of Banking. He currently serves on the boards of directors for American Family Children’s Hospital and Second Harvest Foodbank of Southern Wisconsin.

Ami Myrland joined Capitol Bank as Chief Financial Officer (CFO) in 2019 and has more than 20 years of banking experience. In her role as President, Ami will retain CFO responsibilities and focus on the areas of retail, finance, marketing, technology, risk management, and human resources. Ami holds a B.S. in Accounting and Finance and is a graduate from UW’s Graduate School of Banking. She currently serves on the FHLB of Chicago Member Advisory Committee and on the boards of the Leukemia & Lymphoma Society and the Wisconsin Bankers Foundation. Ami was named CFO of the Year by InBusiness Magazine in 2023.

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 Greater Madison area. 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 and an Equal Housing Lender.