July/August 2014
Wisconsin Community Banker
35
CHANGING SCENE
The deal is expected to close in
mid-October pending regulatory
approval. Hensley will continue on in
his role and King will remain presi-
dent for the Milwaukee market.
Oregon Bank Getting a
Makeover
OREGON—Oregon Community
Bank & Trust is getting a makeover.
The bank’s main location at 733 N.
Main Street is closed until December
to complete a remodel that will add
private offices for personal bankers, an
expanded teller line, and an updated
building exterior.
The bank has $187.5 million in
assets, and 37 FTE employees.
Badger Bank Named
Gold Million Dollar
Lender
FORT ATKINSON—The U.S.
Department of Agriculture Rural
Development office in Wisconsin
named Badger Bank as a recipient of
the 2013 Gold Million Dollar Lender
Award. The Award is presented each
year to lenders who have partnered
with, and made a significant contribu-
tion to, supporting Wisconsin rural
residents looking to become home-
owners through the USDA Guaran-
teed Rural Housing (GRH) Program.
In fiscal year 2013, Badger Bank
used more than $2 million of GRH
program funds by financing home
purchases to help moderate income
families in Wisconsin. More than
3,900 families across Wisconsin were
able to purchase a home last year
through the GRH loan program, total-
ing nearly $486.5 million.
The Million Dollar Lender Award is
given at three levels: Silver, Gold, and
Platinum, based on the total amount
of funding utilized by the lender;
Silver level disbursed more than $1
million, Gold level disbursed more
than $2 million, and Platinum level
disbursed more than $5 million dur-
ing the past year.
A locally held institution in its
130th year of service, with assets in
excess of $117 million, Badger Bank
has offices in Fort Atkinson, Cam-
bridge, Johnson Creek, and Jefferson.
SBA Volume Lender
Award Goes to
Ridgestone
From left, Eric Ness, SBAWisconsin District
director; Eric Manke, Ridgestone senior vice
president, and Marianne Markowitz, acting
SBA administrator
BROOKFIELD—Ridgestone Bank
received the Wisconsin SBA Volume
Lender Award at the 25th Annual
Lender’s Conference in the Wisconsin
Dells in June. Ridgestone Bank’s Wis-
consin SBA loans totaled $46.8 million
in fiscal 2013.
“I am pleased with the achieve-
ments of our team,” said Bruce Lam-
mers, president and CEO of Ridges-
