A construction team from
Sign-A-Rama in Menomonee Falls removed the last of Tri City
National Bank’s signs on the building at the corner of
Washington Avenue and Mill Street in Cedarburg. The building
is now home to Partnership Bank, which purchased the
building in June.
Photo by Mark
CEDARBURG - After just 11 months in
Cedarburg, Partnership Bank has garnered 10 percent of the
banking market share in Cedarburg.
officials have their eyes on Mequon.
branch of First Bank in Tomah and a member of Partnership Community,
will purchase the building at 11740 N. Port Washington Road, just
north of North Shore Cinema. It will occupy the south side of the
building and construct a drive-through, pending approval from the
Mequon Planning Commission and Mequon Common Council.
Community Bancshares President David Braaten said there is a call
for more banks to serve small businesses in the Mequon and
Thiensville market. He said small business owners have specifically
asked Partnership officers to open a branch there.
“If there’s a
demand, we can fill the void,” he said.
The Mequon branch
will provide all of the full-service banking options, such as
mortgages, loans and personal banking.
southward comes just five months after Partnership purchased the
Cedarburg and Grafton branches of Tri City National Bank and less
than a year after it opened in Cedarburg. Deposits in the Cedarburg
bank have already grown to $487 million, and a capital campaign
raised $6.5 million - about $3 million above their goal, Braaten
Run by many of the
former Ozaukee Bank officials, Partnership focuses on being a
partner with those in their market, both as an employer and in
supporting local causes, said Marketing Director Jeanne Mueller.
“We really do what
our name says,” she said.
To the many people
who ask why any city needs another bank, Braaten says they don’t
need just any other bank, but they do need a community bank.
team moved into the former Tri City National Bank Cedarburg location
at the corner of Washington Avenue and Mill Street earlier this
month. The management, decision-making and operations, in addition
to business and personal banking, are all conducted out of the
grateful to Tri City officials,” said Partnership Bank President
Vince Cameranesi. “This move allows us to continue our expansion
into Ozaukee County by providing the convenience of a drive-up
bank, ATM and the space we needed for our growing team.”
Partnership Bank added six team members to their staff. Included in
the purchase was Tri City's office located inside the Grafton Pick
Lisa Curtis can be reached at