Continuing a long history of Giving Back
For the second year in a row, Port Washington State Bank was named among the Milwaukee Business Journal’s list of Largest Corporate Charitable Contributors in Wisconsin, receiving recognition for its century-plus-long history of philanthropy and volunteerism. The list was recently published on October 5, 2021.
The bank ranks 24 out of 38 with giving totals of $425,000 in cash and in-kind donations for the 2020 calendar year, and 487 volunteer hours.
“Our community bank is pleased to be listed among some of the area’s largest companies -- companies that we greatly admire and who are true corporate citizens. The gifts we make of our time, talent and financial resources are embedded in a belief that our communities will thrive and grow and prosper if we work together and reinvest in the future. We are honored and humbled to be a part of this recognition,” commented James Schowalter, President and Chief Operating Officer.
James shared ways in which the bank provided additional support on account of the COVID-19 pandemic. "We increased our giving to our flagship charity partner, the United Way of Northern Ozaukee, but we also saw a rising need among local food banks and among charities who once relied on events and fundraisers to power their services and support. There were so many people affected, even in a place where we all feel very fortunate for what we have."
Support for local education initiatives is also a flagship pillar of giving at PWSB. Last year, they supported several large education and school athletics initiatives including a $100,000 grant awarded to Port Washington-Saukville School District Foundation to restructure and remodel their student commons, and a $65,000 donation to the Grafton School District for athletic field updates.
The full list is available with a subscription to The Milwaukee Business Journal by clicking here.