TEB Bancorp, Inc. and The Equitable Bank, S.S.B. Announces Executive Changes
June 01, 2021 at 02:41 pm EDT
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On May 25, 2021, the Boards of Directors of TEB Bancorp Inc. and The Equitable Bank, S.S.B. appointed existing Senior Vice President of Sales and Marketing Thomas Sattler as Executive Vice President, effective June 1, 2021. In addition, on May 25, 2021, the Boards of Directors appointed Mr. Sattler as a director of each entity, effective October 1, 2021. The appointment is being made in connection with the retirement of Director Otto Radke from the Board of Directors of each entity, which will be effective September 30, 2021.
TEB Bancorp, Inc. is a holding company that operates through its subsidiary, Equitable Bank, S.S.B. (the Bank). The Bank is a state-chartered savings bank providing a full range of financial services. The Bank grants commercial, residential and consumer loans, and accepts deposits from customers primarily in the Metropolitan Milwaukee area, which is in southeastern Wisconsin. The Bank engages in a variety of lending activities, including commercial, residential real estate and consumer transactions. The Bank focuses its lending activities on individuals, professionals and small to medium sized businesses. The Bankâs deposit accounts include checking, savings, money markets, certificate of deposits (CDs), retirement accounts (IRA), and health savings accounts. The Bankâs business banking deposit products include business checking, business savings, business money market, health savings account, and IOLTA and IBRETA. The Bank also offers personal and business online services.