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PWSB Hours Alert

We will be closed Thursday, November 26 to celebrate Thanksgiving Day. If using Internet or Mobile Banking, please note that deposits and loan payments we receive will be processed on Friday, November 27.

Habitat for Humanity® Ozaukee and Family Promise of Ozaukee Each Receive $10,000  

Port Washington State Bank (PWSB) has received $20,000 in grant funds on behalf of Habitat for Humanity® Ozaukee and Family Promise of Ozaukee.  

The funds were made available through the recently formed Targeted Impact Fund created by the Federal Home Loan Bank of Chicago (FHLBank Chicago or Bank). The purpose of these funds is to help populations hardest-hit by the COVID-19 pandemic. The $20,000 awarded will be distributed equally among the two charities by member bank PWSB.

James Meyer, Board President of Habitat for Humanity Ozaukee, cited the timeliness of the grant. “As with other organizations, support is difficult during a pandemic. Our newest condo project in Grafton was delayed due to the strain on area businesses. We’ve seen a reduction in donor contributions and volunteerism, and we’re receiving mortgage deferral requests on account of financial challenges that our homeowners are experiencing.”

Family Promise CEO Kathleen Fisher also shared the impact that these dollars could have to the county. “Many individuals and families are at risk of homelessness in our communities.  This year alone, we’ve received more than 1,000 calls for help and provided 300 households with rent or shelter assistance. We’re currently helping another 200 households on the brink of being homeless by providing case management services. Funding for these resources has never been more critical.”

With these funds, and the funds acquired in April 2020 for local chambers of commerce and the United Way of Ozaukee, the FHLBank has supplied $30,000 in total to Port Washington State Bank for relief efforts during the pandemic.
 

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