Press Room

FOR IMMEDIATE RELEASE:
May 26, 2011

FOR MORE INFORMATION CONTACT:
Nicole Rodriguez, Marketing Officer, Town Bank 262-369-8813

Area Banker Talks to Wisconsin‟s State Leaders About Lending and Economy

Sarah Grooms, CTP, Vice President of Town Bank, joined nearly 200 bankers from around Wisconsin Tuesday, May 3 for the annual Wisconsin Bankers Association (WBA) Capitol Day in Madison.

"Many business groups hold 'Capitol Days' each year," Grooms said, "and Wisconsin bankers thought it was important, now more than ever, to talk with our elected representatives at our state's capitol about the financial issues that affect the Lake Country area."

The economic issues of the past couple of years prove the most effective way for policy makers to get accurate information and make informed decisions is to hear directly from their local bankers who work in our communities.

"Many of the rules and regulations affecting banking conditions in Wisconsin are being discussed and decided on the state level. It is critical that these officials understand that what affects banks also affects the communities we serve," Grooms said. "By meeting with our lawmakers one-on-one, we were able to answer questions on bank lending and debunk common myths surrounding the industry. We were able to talk about critical issues like foreclosures and how this can help or hinder lending in our communities. It's important that our elected officials understand Wisconsin banks are well capitalized and lend. In fact, for every $1.00 in deposits, Wisconsin bankers are lending out $.87 compared to $.75 nationally."

Ms. Grooms met personally with state Rep. Paul Farrow and state Sen. Rich Zipperer's chief aide, who represent the Lake Country/Waukesha County area.

About Town Bank
Town Bank is a full-service community bank with offices in Delafield, Elm Grove, Hartland, Madison, Milwaukee and Wales, Wisconsin; providing a wide array of commercial and private banking services. Since its inception in 1998, the bank has grown to $800 million in assets. Town Bank is a true community bank – it is locally operated, decisions regarding rates, products and loan approvals are made on-site and deposits of the bank are reinvested into the community. Visit the bank's website at www.townbank.us.