BROOKFIELD, Wis. (Nov. 12, 2015) – Ridgestone Bank celebrates its 20th anniversary this year, at its home office in Brookfield, Wis. Ridgestone Bank first opened its doors in 1995 providing banking services to the local Brookfield community. In the years to follow, Ridgestone created a niche throughout Wisconsin and the Midwest by offering extensive SBA and USDA lending programs to business customers.
“Over the past 20 years the city of Brookfield has given Ridgestone Bank the platform it needed to succeed in consumer banking and small business lending,” said Bruce Lammers, president and CEO of Ridgestone Bank. “The community has been supportive from the start, and I couldn’t be more grateful. I hope we can continue to give back by supporting small businesses through SBA lending opportunities throughout the community and Southeastern Wisconsin.”
This month Ridgestone Bank was also named the number one SBA lender in the State of Wisconsin for loan volume in 2015. According to the Wisconsin District Office of the SBA, Ridgestone approved $95.9 million in SBA loans to businesses in Wisconsin during the 2015 fiscal year. Ridgestone Bank ranked seventh nationally, having approved $474.3 million in SBA loans during the 2015 fiscal year.
Ridgestone Bank is a privately-held bank with full-service branch locations in Brookfield, Wis. and Schaumburg, Ill., as well as lenders in Indianapolis, Northeast Wisconsin, Northcentral Wisconsin, Tennessee, Southern California, Ohio and Madison, Wis. Founded in 1995, the bank is a leader in small business and government guaranteed lending nationwide. Distinguished by the SBA as an “SBA Preferred Lender,” Ridgestone Bank is a top 10 SBA lender in the nation is the number one SBA lender in Wisconsin and Illinois. Ridgestone Bank is a leader in USDA lending in the United States and has been recognized as a valued partner by the USDA for its commitment to small businesses. Ridgestone Financial Services trades its common stock on the OTC Market exchangeunder the ticker symbol “RGST.” Ridgestone Bank is an Equal Housing Lender and Member FDIC. For more information on Ridgestone Bank, visit www.ridgestone.com.
# # #