BROOKFIELD, Wis. (June 25, 2015) -- As a result of strong performance and strong capital position, Ridgestone Financial Services, Inc. Board of Directors declared a quarterly dividend of $0.25 per share to its shareholders of record on July 1, 2015 and payable on July 15, 2015. A top 10 Small Business Administration (SBA) lender nationally, Ridgestone Bank has originated $136 million of government guaranteed loans through May 31, 2015.
Designated a “Preferred Lender” by the SBA, Ridgestone Bank’s loan origination has earned the #1 ranking in SBA loan volume in the state of Illinois, #2 in Indiana, #2 in Wisconsin, and #7 in the nation. The bank’s pipeline for 2015 government guaranteed loans continues to be strong as more small businesses are looking to expand and grow in the improving economy.
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 Illinois and is the number one SBA lender in its asset size in Wisconsin. 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 exchange under the ticker symbol “RGST.” For more information on Ridgestone Bank, visit www.ridgestone.com.
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