Year in Review 2022 2023
President’s Message:
AS I reflect upon the accomplishments our community of bankers has made in the past year, I am honored to not only work alongside a membership so dedicated to the success of its institutions and communities, but also to represent each of you in your unwavering resilience and adaptability.
For over 130 years, our Association has focused intently on the positive impact banks make on communities in Wisconsin. Above all, WBA’s top priority continues to be serving our members in this faced-paced and ever-evolving industry.
Outgoing Chair’s Message:
THE theme I chose to emphasize during my tenure as WBA chair was “member engagement.” Looking back at the numbers, it is clear to see that the Association took this message to heart. Whether it be using your voice as an advocate, taking the next step in your career with a training opportunity, utilizing products and services from WBA subsidiaries and Associate Members, or connecting with colleagues from across the state, Wisconsin bankers sought to make the most of your WBA membership. We certainly accomplished a lot together over the past year, and we had a lot of fun along the way. It has been an honor to serve as chair of this professional organization, and I look forward to our
As always, I thank you for your support of WBA and deeply appreciate your efforts in ensuring the success of our industry. Your membership allows us to continue to advocate for our industry, educate beginning and experienced bankers, and provide valued resources for all areas of the bank.
Rose Oswald Poels WBA President and CEO
Association’s continued collaboration and growth ahead. Thank you to WBA for fostering a sense of collaboration and serving as a trusted resource for Wisconsin banks.
Daniel J. Peterson, 2022–23 WBA Chair President and CEO The Stephenson National Bank & Trust, Marinette
WBA’s Mission:
For more information… www.wisbank.com ▪ www.fipco.com ▪ www.wisbankins.com ▪ www.mbisllc.com ▪ www.wisbankfoundation.org MIDWEST BANKERS Insurance Services
companies of WBA, Inc. Working together for you.
The
“We actively advocate for, educate, and support our members to help them positively impact the Wisconsin communities they serve.”
Year in Review 2022 2023
Advocating Supporting
banks earned WBA’s Gold Triangle Award, our highest level of recognition for bank fundraising, apportioned by bank asset size.
banks designated Advocacy Officers, who serve as government relations points of contact for their banks.
in contributions were given by WBA-member employees, directors, and others to WBA’s political action funds: Wisbankpac and the ABW political conduit.
bills are currently being tracked or monitored by WBA of the 601 bills introduced in the State Legislature during the 2021–22 legislative session.
banks earned the Bankers Involved in Grassroots and Government (BIGG) award, WBA’s highest achievement level for bank involvement in advocacy.
bankers earned the Silver Triangle Award for contributing at least $500 to Wisbankpac, ABW, or issue advocacy funds.
attended WBA Capitol Day in Madison, and 36 attended a Washington, D.C. trip.
candidates and four legislative party candidate committees — on both sides of the aisle — at the state and federal levels received support from WBA political action funds.
banks and savings institutions are members of WBA, representing 98% of banks in the state.
46 $276,048 197 162
Associate Members provide quality products and services to WBA members.*
600+ 150+ 160
members belong to the Building Our Leaders of Tomorrow (BOLT) Section.
90
members belong to the Employee Resource Group (ERG) for bankers from underrepresented backgrounds, and 11 virtual ERG meetings were held.
members served on a board, committee, or advisory group.
bankers are members of a WBA Connect peer group, and 20 banker-only peer group meetings were held (including Connect and CEOnly/CFOnly).
601 32
9
33 115 160 195 36 59 4
WBA legislative priorities or WBA-influenced bills introduced thus far during the 2023–24 legislative session.
10
comment letters were submitted on behalf of the membership.
press releases were issued.
4,880
35 OVER $2.2 MILLION
90+
users follow WBA on LinkedIn, 2,135 on Twitter, and 1,517 on Facebook.
Over $2.2 million in annual savings was achieved with the WBA Association Health Plan through UnitedHealthcare.
banks utilized the WBA EBC online benefit administration portal with over 3,250 benefit transactions completed electronically.
* Learn more about our highest level WBA Associate Member sponsors on p. 29.
*See a complete list of WBA Associate Members at wisbank.com/associates.
For more information… www.wisbank.com ▪ www.fipco.com ▪ www.wisbankins.com ▪ www.mbisllc.com ▪ www.wisbankfoundation.org
Wisconsin Bankers Association | FIPCO ™ | WBA Employee Benefits Corporation | Midwest Bankers Insurance Services | Wisconsin Bankers Foundation | Generations Title
Educating
2,094 6,016 93 418 4 1,000+ 113
220+ 3,040 37%
Legal Call Program calls were answered, a 30% increase over last fiscal year.
attendees took part in WBA-hosted training events.
educational opportunities were hosted by WBA
bankers completed a multi-day WBA School or Boot Camp.
complimentary member webinars were offered in 2022–23 — more than 1,000 members participated in these four webinars.
connections joined FIPCO’s four deposit, loan, and mortgage virtual forums.
2,700 500
CEOnly/CFOnly questions were moderated.
new stand-alone free legal content pieces were created, and four consumer-facing resources were created.
The new WBA Compliance page on the WBA website received over 2,700 page views and over 500 clicks to view the new resources.
The new WBA Negotiable Instrument Manual was released for purchase.
3 1,300
Legal Live events were hosted, and the new WBA Compliance Corner video, produced monthly, received over 1,300 views.
Midwest Bankers Insurance Services (MBIS) helped over 220 community banks with complex insurance renewal negotiations, internal control guidance, best practices, coverage education, and policy placement.
loan applications totaling a requested $129,000,000 were submitted via FIPCO ConnectFI — a customer-facing digital lending SaaS that integrates with Compliance Concierge™
revenue growth was achieved in ShareFI engagement services to 39 WBA members, representing 74 engagements. Banks saved over $350,000 with ShareFI’s compliance officer (and other roles) services to reduce their personnel expenses.
375
WBA members benefited from FIPCO InfoSecurity and IT Audit engagement services, representing over 100 engagements.
individuals and 59 organizations supported the Wisconsin Bankers Foundation through donations and participation in auctions and raffles.
80 15 4 New 42 64 $129 MILLION 311
5,600 254 10 92 30 104 $13,000
banks participated in the Wisconsin Bankers Foundation’s Reading Raises Interest program, giving Teach Children to Save Day presentations in elementary school classrooms and donating 2,800 copies of the book ‘Curious George Saves His Pennies.’
The WBA Compliance Journal was published monthly and delivered electronically with a new format, receiving over 5,600 clicks.
issues of the Wisconsin Banker were published.
issues of the Wisconsin Banker Daily e-newsletter were published.
videos were produced. Banconomics reports covering seven Midwest states were published by the Wisconsin Bankers Foundation in partnership with UFS.
applications were submitted for Wisconsin Bankers Foundation scholarships (an increase of 96% from the prior year), and $11,000 was awarded to six recipients.
in grants was awarded by the Wisconsin Bankers Foundation to three non-profit programs: the Finance and Investment Challenge Bowl, the Money Smart Wisconsin Big Read for Kids, and the Stock Market Game.
branches of 52 banks participated in the WBA Power of Community Week, hosting service events across the state.
For more information… www.wisbank.com ▪ www.fipco.com ▪ www.wisbankins.com ▪ www.mbisllc.com ▪ www.wisbankfoundation.org
The companies of WBA, Inc. Working together for you.
