2023–2024 Year in Review

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YEAR IN REVIEW

President's Message

This was a landmark year for Wisconsin’s banking industry. Our major advocacy win — achieving a state tax exemption on certain agricultural and business loans under $5 million — was a testament to the perseverance of Wisconsin Bankers Association members over many years. It is energizing to see the many tangible ways our industry benefits when we work together as an association.

It is our goal at WBA to serve our state’s banks and bankers as the “goto” resource for advocacy, education, and products and services. I am proud to say that WBA earned a “Top Workplaces” distinction from the Wisconsin State Journal this year, which reflects the dedication of our staff to the highest levels of positivity and professionalism. Just like our members, WBA staff is committed to the success of the banking industry and to the prosperity of the Wisconsin communities we call home.

Thank you for your membership in WBA. The people are truly what make all the difference; your support and active involvement ensure that our institutions will continue to be pillars of thriving communities.

Outgoing Chair’s Message

Over the past year, we, as an association, have focused on a theme of “inspiration.” Whether it be getting involved in advocacy, taking advantage of educational opportunities to grow your expertise, or promoting careers in banking to support our industry’s talent pipeline — this “Year in Review” makes it clear to see that WBA members felt the spark and got involved.

As I look ahead to my retirement, I am confident that the next generation of bankers is in a strong position to continue the success of our industry. I hope those who continue in this profession find as much enjoyment and fulfillment as I have had. Thank you to WBA for the honor of serving as Chair and for your steadfast support of Wisconsin’s banking industry.

Donna Hoppenjan 2023–2024 WBA Chair

Mound City Bank, Platteville, President and CEO

Our Mission:

We actively advocate for, educate, and support our members to help them positively impact the Wisconsin communities they serve.

Rose Oswald Poels WBA President and CEO

41 35

banks earned WBA’s Gold Triangle Award, our 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 and advocacy.

183 $244,627

banks designated Advocacy Officers, who serve as government relations points of contact for their banks.

in contributions were given by WBAmember employees, directors, and others to WBA’s political action funds: Wisbankpac and the ABW political conduit.

11 74 210 79

bankers earned the Leadership Circle Award for contributing at least $3,000 to Wisbankpac, ABW, or issue advocacy funds.

earned the Silver Triangle Award for contributing at least $1,000 to Wisbankpac, ABW, or issue

members attended WBA Capitol Day in Madison, and 30 attended a Washington, D.C. trip.

candidates and four legislative party candidate committees – on both sides of the aisle – at the state level received support from WBA political action funds.

69 14 10 40

bills are currently being tracked or monitored by WBA of the 2,342 bills introduced in the State Legislature during the 2023–2024 legislative session.

2,172

Legal Call Program calls were answered, a 3% increase over the last fiscal year.

5

WBA legislative priorities or WBAinfluenced bills were introduced during 2023–2024 legislative session.

comment letters were submitted on behalf of the membership. press releases were issued.

6,055 80 406 5 3,1

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 2023–2024.

30 videos were produced. advocacy funds.

Three Legal Live and one Advocacy Live events were hosted, and the monthly WBA Compliance Corner was produced, receiving over 100 views each month.

89

CEOnly/CFOnly questions were moderated.

3,000 6 255 92 200

Careers in Banking events were held on five UW campuses, reaching more than 200 students.

YEAR IN REVIEW SUPPORTING

banks and savings institutions are members of WBA, representing 97% of banks in the state.

members belong to the Building Our Leaders of Tomorrow (BOLT) Section.

members belong to the Employee Resource Group (ERG) for bankers from underrepresented backgrounds, and seven complimentary virtual ERG meetings were held.

users follow WBA on LinkedIn, 1,640 on Facebook, and 2,154 on X.

million in annual savings was achieved with the WBA Association Health Plan through United Healthcare.

banks completed over 4,000 benefit transactions through the WBA-EBC benefits portal.

community banks were helped by Midwest Bankers Insurance Services (MBIS) with complex insurance renewal negotiations, internal control guidance, best practices, coverage education, and policy placement. United Healthcare.

loan applications totaling a requested $195,000,000 were submitted via FIPCO ConnectFI — a customer-facing digital lending SaaS that integrates with Compliance Concierge.

ShareFI provided services to 39 WBA members, representing 72 engagements. Banks saved over $400,000 with ShareFI’s compliance officer (and other roles) services to reduce their personnel expenses. Eleven banks improved and/or maintained CMS ratings with their primary regulator with ShareFI support.

WBA members benefited from FIPCO InfoSecurity and IT Audit engagement services, representing over 100 engagements.

individuals and 38 organizations supported the Wisconsin Bankers Foundation through donations and participation in auctions and raffles at the WBA Bank Executives Conference ($10,825), WBA Agricultural Bankers Conference ($1,245), and WBA Women in Banking Conference ($3,500).

banks participated in one or more FIPCO software training sessions. 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 2,220 copies of the book "A Boy, a Budget, and a Dream" by Jasmine Paul.

in grants was awarded by the Wisconsin Bankers Foundation to two nonprofit programs: Asset Builders’ Finance and Investment Challenge Bowl and St. Marcus School’s community engagement financial education. applications were submitted for Wisconsin Bankers Foundation scholarships, and $11,000 was awarded to six recipients. branches of 57 banks participated in the WBA Power of Community Week, hosting service events across the state.

163 Associate Members provided quality products and services to WBA members and had a 98% retention rate. For a complete list, please visit wisbank.com/ associates.

Platinum Associate Member

• FHLBank Chicago

Gold Associate Members

• Bankers’ Bank

• BMO – Correspondent Banking

• BOK Financial Capital Markets

• FIPCO

• Godfrey & Kahn, S.C.

• ICBA Services Network

• WBA Insurance Services

Silver Associate Members

• Bell Bank

• Cinnaire

• Locknet – An EO Johnson Company

• Performance Trust

• UFS LLC

• Wipfli LLP

Bronze Associate Members

• ADVANTAGE, powered by JMFA

• Arctic Wolf Networks

• American Security & Privacy

• BHG Financial

• Boardman & Clark LLP

• Delta Dental of Wisconsin

• Eide Bailly LLP

• Executive Benefits Network (EBN)

• Jefferson Wells

• Northland Securities, Inc.

• Plante Moran

• Quad City Bank & Trust

• Reinhart Boerner Van Deuren S.C.

• SHAZAM

• Spectrum Investment Advisors

• The Baker Group

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2023–2024 Year in Review by wisbank - Issuu