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Port Washington State Bank Purchases Mequon Building

MEQUON — Port Washington State Bank recently acquired the building housing its Mequon branch, situated at 10509 N. Port Washington Road.

The transaction, finalized between Concord Development and Port Washington State Bank on May 1, signifies a strategic move for the financial institution.

With the purchase, Port Washington State Bank solidifies its presence in Mequon, where it has maintained a branch since April 2019. The branch currently boasts assets totaling $60 million, indicating a strong foothold in the community.

Despite the acquisition, the bank has expressed no immediate plans to make alterations to the building, opting to continue serving customers from its current location.

Moreover, apart from housing the bank branch, the 8,000 square-foot building also accommodates Vertz Marketing and Mind and Body Medical Spa, adding to the diverse mix of businesses on-site.

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“We take pride in our presence in the Mequon area and are committed to maintaining a positive real estate footprint in Ozaukee County. Our focus on community stewardship extends to our branches, ensuring both our employees and customers have a welcoming environment,” emphasized Port Washington State Bank President and COO James Schowalter.

Furthermore, the bank is actively revamping its Cedarburg location and plans to expand its Fredonia branch, demonstrating a commitment to enhancing the overall banking experience for its customers.

With additional locations in Thiensville, Port Washington, Saukville, Grafton, and Belgium, Port Washington State Bank continues to serve the local communities with dedication and excellence.

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