community banking

MADISON, WI (February 3, 2021) — Jim Hegenbarth, President and CEO of Park Bank, has been named the 2020 Wisconsin Bankers Association Banker of the Year for his outstanding commitment to the local Madison community and the broader banking industry during his career.

The Banker Of The Year Award highlights the importance of a Wisconsin banking CEO or President to their local communities - areas where Hegenbarth has made significant contributions.

From...

Read More

Round Two of the Paycheck Protection Program is here. This round of PPP funding includes positive changes that expand program eligibility and provides added benefits for businesses. And, if you received a PPP loan last year, you can apply for another one.

It’s important to apply for this round of PPP funding as soon as possible, as PPP funding is limited...

Read More

Where you bank matters. Just ask the Wall Street Journal and Jim Cramer of Mad Money on CNBC, who recently touted the way community banks were able to prove their value through their success assisting small businesses with the Paycheck Protection Program.

The Paycheck Protection Program, or PPP, was put in place to provide assistance to small businesses, offering a forgivable loan if the business retains its employees for eight weeks and the funds are used for payroll,...

Read More

We may have a long way to go for a full economic recovery, but if the statistics from the Small Business Administration are any indication, community banks will continue to play a leading role.

When the Paycheck Protection Program went live back in April, community bankers nationwide were working all hours of the day and night to ensure local businesses had access to the funds they needed to keep their businesses running and our communities strong.