News & Releases

January 25, 2024

FOR IMMEDIATE RELEASE                                                                                                                           

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MADISON, WI (October 2023) – Today Park Bank announced a change in executive leadership.

Effective immediately, Ken Lammersfeld has been named Chief Executive Officer (CEO) and Josh Marron has been named President and Chief Banking Officer (CBO).

Lammersfeld joined Park Bank as the Senior Vice President of Retail Banking in 2016 and was promoted to Executive Vice President, Chief Operating Officer (COO) in early 2022. Prior to joining Park Bank, Lammersfeld...

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Consider your favorite local establishments.

What’s your favorite area restaurant? How about your go-to local recreation center or golf course? Is there a nonprofit organization in the community you support?

There’s a good chance, in one form or another, an area community bank played a role in establishing, enhancing, or supporting many of your local favorites.

Don’t just take our word for it.

According to the Independent Community Bankers...

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CROSS PLAINS, WI (April 2023) – Park Bank is excited to announce Kelly Powell has been named the 2022 Volunteer of the Year from the Cross Plains Area Chamber of Commerce.

Kelly volunteers for the Cross Plains Fire Department and the Cross Plains Area EMS and served over 1300 hours last year. She was also named Interim Chief twice during 2022 while the department looked for a permanent replacement.

As you’ve probably heard, news recently broke that Silicon Valley Bank (SVB) the country’s 16th largest bank; failed. This represents the largest bank failure since the 2008 financial crisis, and the second largest bank failure in United States history.

Many clients and the general community may be asking questions on what this means for The Park Bank, and in particular “are my deposits safe?” What happened was a unique situation. Deep concentrations in the technology...

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CROSS PLAINS, WI (January 2023) – Park Bank is excited to announce its plans to open a new location in Cross Plains.

The branch will be located at 2407 Brewery Road in Cross Plains. Park Bank and building partners are eyeing a spring start to the beginning of construction on the existing property. Opening of the branch is anticipated this fall.

MIDDLETON, WI (August 2022) – Park Bank is excited to announce the addition of three new associates — Judy Ketelboeter, Kelly Powell, and Royce Wyss. The trio will join Park Bank on Sept. 12, 2022.

Collectively, they have served the Middleton and Cross Plains communities for over 40 years within their roles at the former Middleton Community Bank and more recently Monona Bank. Adding Ketelboeter, Powell and Wyss will strengthen the bank’s ability to...

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MADISON, WI (May 2022) — Park Bank to announce the addition of Beth Prochaska, President and CEO, at Potter Lawson as their newest board member.

Prochaska first joined Potter Lawson as a receptionist over 40 years ago and worked her way through almost every department, as well as becoming the first female shareholder. She has...

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MADISON, WI (January 2022) — Park Bank is excited to be the lead financial institution backing the new Usona Institute that is under construction in Fitchburg, WI. Scheduled to open in 2023, the $60 million, 93,000 square-foot campus will serve as the new home for Usona’s existing team of 30 employees and include space for therapy, training, and education.

The not-for-profit medical research organization conducts and supports pre-clinical and clinical research...

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Park Bank Earns 2021 Great Place to Work Certification™

Madison, Wisconsin – Park Bank is proud to be Certified™ by Great Place to Work®. The prestigious award is based entirely on what current employees say about their experience working at Park Bank. This year, 89% of employees said it’s a great place to work – 30% more than the average U.S. company.

Great Place to Work® is the global authority on workplace culture, employee...

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