Schowalter named to Community Bankers Council

By News Graphic Staff

Oct. 31, 2017

PORT WASHINGTON — Steven R. Schowalter, chairman, president and CEO of Port Washington State Bank has been selected to serve on the American Bankers Association’s Community Bankers Council.

Schowalter attended the ABA Community Bankers Council meeting in Washington, D.C., from Oct. 2 to Oct. 4. During this meeting, bankers talked at length about the current challenges facing community banks across the country, including recent regulations, pending legislation, cybersecurity and Fintech innovations.

“Community banks play such an important role in our banking industry and this appointment gives me the opportunity to represent Wisconsin and advocate for the continued success of America’s hometown banks,” Schowalter said.

The ABA Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers from institutions with generally less than $3 billion in assets. Members are recommended by the respective states’ banking association president and appointed by the ABA chairman.

Schowalter has recently been honored for 50 years of service to the Wisconsin banking industry and was the Wisconsin Community Banker of the Year in 2015.

PWSB is a locally owned, 118-year-old independent community bank with more than $550 million in assets serving the greater Ozaukee County market through a network of seven offices, employing 110 local residents, the news release added.

PWSB’s website is www.pwsb.com.