TEB Bancorp, Inc and The Equitable Bank, S.S.B. Announce Management Changes
July 01, 2019 at 01:51 am IST
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On July 30, 2019, the Boards of Directors of TEB Bancorp Inc. (the “Company”) and its wholly owned subsidiary, The Equitable Bank, S.S.B. (the “Bank”) appointed current President and Chief Executive Officer John P. Matter as Chairman of the Board and Chief Executive Officer, and appointed current Executive Vice President, Chief Operating Officer and Chief Financial Officer Jennifer L. Provancher as President and Chief Financial Officer, with each appointment effective immediately. Mr. Matter has served as President and Chief Executive Officer of the Bank since 2004, and has also served as Vice Chairman since 2005. Ms. Provancher has served as the Executive Vice President, Chief Operating Officer and Chief Financial Officer of the Bank since 2004, and has been employed with the Bank since 1991.
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.