News
News
westbury bank participates in Capitol Day
2/4/2010 -


FOR IMMEDIATE RELEASE
Contact:
Jim Podewils
westbury bank
Phone: 262.334.5563
Fax: 262.334.5306
jim.podewils@westburybankwi.com
http://www.westburybankwi.com


Area Banker Talks to State Leaders About Lending, Foreclosures and Economy
Local, state bankers travel to Madison as part of annual Capitol Day


West Bend, Wis, January 19, 2009 westbury bank joined nearly 200 bankers from around the state Wednesday, January 13 for the annual Wisconsin Bankers Association (WBA) Capitol Day in Madison.

“Many business groups hold ‘Capitol Days’ each year,” President Jim Podewils said, “and local and state bankers thought it was important, now more than ever, to talk with our elected leaders at the state Capitol about the financial issues that affect the Southeastern Wisconsin area.”

The economic issues of the past 18 months prove that the most effective way for policy-makers to get accurate information and make informed decisions is to hear directly from their local bankers.

“By meeting with our lawmakers one-on-one, the people who pass laws, taxes, and regulations that affect our livelihoods, we were able to give them a crash course on bank lending and common myths surrounding the industry,” said Podewils.

“Wisconsin’s banks continue to outperform our peers around the nation in spite of the economic downturn, and it is important that our elected officials understand Wisconsin banks are still well capitalized and lend,” said Chairman of the Board and CEO Ray Lipman. “For every $1.00 in deposits, Wisconsin bankers are lending out $0.99 compared to $0.80 nationally.”

Lipman and Podewils met personally with state Representative Patricia Strachota, who represents the West Bend area.