2021 2022
YEAR IN REVIEW
President’s Message:
AS we resume more and more of our pre-pandemic activities, there is much discussion around which of the changes we adopted over the past two+ years are here to stay. When I look at Wisconsin’s banking industry, it is apparent to me that the new innovations are a reflection of who our state’s bankers have always been. Modern flexibility for bank employees, for example, reiterates that banks are committed to investing in their most valuable assets — their people. Similarly, the adoption of new technologies and cybersecurity measures reinforces the level of service and trustworthiness banks have always been proud to offer their clients. This Year in Review is designed to illustrate the ways in which the Wisconsin Bankers Association
and its subsidiaries have served our members over the past fiscal year, June 2021–May 2022. As we celebrate WBA’s 130th anniversary, we take note of the ways the roots of the organization have strengthened over more than a century and enabled us not only to weather storms, but also to continue to grow. Thank you for your membership in WBA and for working together with us to demonstrate that even as we adapt over time, the longstanding values of our industry — economic prosperity, community focus, and leadership — are here to stay.
Rose Oswald Poels WBA President and CEO
Outgoing Chair’s Message:
THE events of recent years have rapidly accelerated the rate of change in our industry and in our society in general. Things we thought would take months or years, particularly in terms of technological advances, we were able to accomplish at a record pace. This Year in Review outlines the ways we were able to come together as a professional organization
The companies of WBA, Inc. Working together for you. ™
to tackle the challenges racing toward us and prepare for what lies ahead. Thanks to WBA, our teams have the cutting-edge resources they need to excel at their jobs and advance our industry — far exceeding what any one employer could offer on their own. My philosophy when I began my term as WBA chair was to “take action.” Looking back over the numbers, we certainly packed a lot of action into just one year, and we are not slowing down. We are often reminded that we are currently experiencing the slowest rate of change we will ever know in the future. It has truly been an honor for me to represent WBA as chair this year, and I look forward to the ways we will continue to work together to stay ahead of the curve.
Ken Thompson, 2021–22 WBA Chair President and CEO Capitol Bank, Madison
MIDWEST BANKERS Insurance Services
For more information… www.wisbank.com ▪ www.fipco.com ▪ www.wisbankins.com ▪ www.mbisllc.com ▪ www.wisbankfoundation.org
2021 2022
YEAR IN REVIEW
Advocating 43 23 10
Banks earned WBA’s Gold Triangle Award, the highest level of recognition for bank fundraising, apportioned by bank asset size. Banks earned the Bankers Involved in Grassroots and Government (BIGG) award, WBA’s highest achievement level for bank involvement in advocacy. WBA legislative priorities signed into law during 2021–22 legislative session.
112
Banks designated Advocacy Officers who serve as government relations points of contact for their banks.
152
Bankers earned the Silver Triangle Award for contributing at least $500 to Wisbankpac, ABW, or issue advocacy funds.
192,193
$
61 4 154
14
In contributions, FYTD, that WBA member employees, directors, and others have given to WBA’s political action funds: Wisbankpac and the ABW political conduit. 61 candidates and 4 legislative party candidate committees — Republican and Democrat — in the state and at the federal level have received support from WBA political action funds. Bills currently being tracked or monitored by WBA of the 2,315 bills introduced so far this session in the State Legislature during the 2021–22 legislative session.
* Please see the complete list of WBA Associate Members at www.wisbank.com/associates.
1 78,000+ 49,000+ 208,000+
Comment letters, 1 template letter created for membership use. Amicus Brief filed, Wisconsin Supreme Court. Reach of Facebook posts. Twitter post impressions. LinkedIn post impressions.
Supporting 146
WBA Associate Members providing quality products and services to WBA members.*
OVER
Annual savings with WBA Association Health Plan through UnitedHealthcare.
1.8
$
MILLION
90+ 2,000 2
Banks utilizing new WBA EBC online benefit administration portal with over 2,000 benefit transactions completed electronically. Website redesigns, www.wisbank.com and www.fipco.com, streamlined user experience for WBA members.
Our Mission: “We promote a healthy environment for
Left: The 2022 WBA Bank Executives Conference and other events were held in a hybrid format, providing flexible delivery options for attendees.
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.
Wisconsin Bankers Association | FIPCO™ | WBA Employee Benefits Corporation | Midwest Bankers Insurance Services | Wisconsin Bankers Foundation | Generations Title
Educating 1,597 5,000 95
Nearly 5,000 attendees at WBA training events. WBA-hosted educational opportunities.
>$
107
Legal Call Program calls, June 1, 2020– April 30, 2021.
40+ 2,704
Education net revenues exceeded budget thanks to membership support of WBA educational programs.
2,600
Members receiving Wisconsin Banker Daily e-newsletter.
53 $ 10,000
Applications were submitted for Wisconsin Bankers Foundation scholarships, and $10,000 was awarded.
225 $ 11,058
+
220+
Over 225 active participants bid on 46 items, raising $11,058 in the Wisconsin Bankers Foundation’s 2022 virtual silent auction.
4
40+ banks gave virtual or in-person presentations in K–12 classes and 2,704 Reading Raises Interest Kits were delivered for Teach Children to Save Day.
155
4
New, free Legal content creations.
2
New Legal resource manuals for purchase.
455 $ 39.1 MILLION 52%
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.
CEOnly/CFOnly Network questions answered, June 1, 2021– May 3, 2022.
Loan applications totaling $39,100,000 were submitted via FIPCO ConnectFI — a new, customer-facing digital lending SaaS that integrates with Compliance Concierge™. Of Compliance Concierge™ customers utilize eSignature by DocuSign, saving resources and reducing carbon and waste.
92
77%
40
Legal live events, with over 125 connections for each event. Connections over 4 virtual FIPCO forums — deposit, loan, and mortgage. (Multiple people may have attended from each connection.) Quarterly Banconomics data reports produced for seven states: Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, and Wisconsin.
Revenue growth in ShareFI engagement services to 51 WBA members. Banks saved over $250,000 with ShareFI compliance officer services, helping reduce their personnel expenses. WBA members benefited from FIPCO InfoSecurity and IT Audit engagement services.
1
banks in Wisconsin by actively advocating, educating, and supporting our members.”
Right: Over 100 bankers attended the 2022 WBA Capitol Day in Madison.
For more information… www.wisbank.com ▪ www.fipco.com ▪ www.wisbankins.com ▪ www.mbisllc.com ▪ www.wisbankfoundation.org