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Bankers Speak with State Leaders
about Lending, Foreclosures, and Economy |
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Local, state bankers
travel to Madison as part of annual Capitol Day |
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Three bankers from The Stephenson National Bank & Trust (SNB&T) joined nearly 200 bankers from around the state on Wednesday, January 13 for the annual Wisconsin Bankers Association (WBA) Capitol Day in Madison. |
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Dan Peterson, Executive Vice President; Randy McCauley, Senior Vice President Compliance; and Kathleen Bergquist, Vice President Human Resources, met personally with State Representative John Nygren and Senator Dave Hansen, who represent Northeast Wisconsin. |
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“Many business groups hold ‘Capitol Days’ each year,” Peterson said. “Local and state bankers thought it was important, now more than ever, to talk with our elected leaders at the state Capitol about the financial issues affecting our Marinette and Menominee Counties.” |
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The economic issues of the past 18 months prove that the most effective way for policy-makers to get accurate information, and to make informed decisions, is to hear directly from their local bankers. |
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“By meeting with our lawmakers one-on-one,” Peterson said, “the same people who pass laws, taxes, and regulations that affect our livelihoods, we were able to give them a crash course on bank lending and common myths surrounding the industry. |
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“Wisconsin’s banks continue to outperform our peers around the nation in spite of the economic downturn,” noted Peterson. “It’s important for our elected officials to understand that Wisconsin banks are still well-capitalized and lending. In fact, for every $1.00 in deposits, Wisconsin bankers are lending out $.99 – compared to $.80 nationally.” |
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