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LAKEFRONT LIVING IN RACINE

Banks in Racine Wisconsin

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Banks in Racine Wisconsin

There are various banks in Racine Wisconsin. Dive into the intricacies of each bank and learn which one aligns best with your financial goals.

Tri City National Bank

The roots of Tri City National Bank trace back to 1955 when Dave Ulrich faced a setback after being denied a small business loan. Determined to create a financial institution that prioritized every customer’s needs, Ulrich embarked on a mission to establish “a bank that cares about all customers.” Building upon this vision, the family-operated Tri City Foods was founded in 1959, with Ulrich’s wife, Agatha, playing a pivotal role by baking hams at home for Dave to sell at the store.

In 1963, Dave Ulrich realized his dream by opening the first Tri City National Bank at the corner of 27th and College Avenue in Oak Creek. The bank steadily grew, achieving a significant milestone in 1983 when its assets exceeded $100 million. The following years marked a period of groundbreaking achievements, including the establishment of the first bank inside a Wisconsin grocery store in 1989 and the initiation of a fruitful partnership with the Milwaukee County Zoo.

Throughout the 1990s, Ulrich continued to leave a lasting impact on the community, exemplified by his generous donation of $250,000 to the Oak Creek Community Center. Despite his passing in 1998, Tri City National Bank continued to thrive, reaching a milestone of over $500 million in assets by the end of the decade.

As the new millennium dawned, the bank’s success soared, culminating in the celebration of surpassing $1 billion in assets in 2009 and commemorating its 50th anniversary in 2013. Though Dave Ulrich did not live to witness the bank’s expansion into the 2000s, his legacy of commitment to customers and community lives on through Tri City National Bank’s continued growth and prosperity.

4708 Northwestern Ave, Racine, WI 53406

Sun Closed, Mon-Fri 9am-5pm, Sat 9am-12pm

262-554-5560

tcnb.com

BMO Harris Bank

Established in 1817, Montreal Bank holds the distinction of being Canada’s inaugural bank, a pivotal institution in shaping the nation’s financial landscape and fostering the prosperity of its citizens. The Bank of Montreal was founded by nine prominent individuals, including some of Montreal’s most esteemed figures and Canada’s most ambitious merchants and financiers, who signed the original Articles of Association.

Early on, Montreal Bank played a significant role in Canada’s development, financing key infrastructure projects that facilitated the country’s growth. Notably, in 1837, the bank funded the construction of Canada’s first railway, spanning 16 miles and connecting Montreal to New York. This railway played a crucial role in enhancing business opportunities and economic connectivity across the region. Additionally, in 1847, Montreal Bank supported the establishment of Canada’s inaugural telegraph service, revolutionizing communication by enabling swift exchanges across the nation.

Today, as BMO Harris, the bank stands as the eighth-largest financial institution in North America, boasting assets totaling $988 billion. Serving a diverse clientele of over 12 million individuals worldwide, including 8 million in Canada and over 2 million in the United States, BMO Harris owes much of its success to its dedicated and inclusive team of employees. Over the course of 205 years, their commitment and expertise have fueled the bank’s continued growth and prosperity, ensuring its enduring legacy as a cornerstone of the financial industry.

1 Main St, Racine, WI 53403

Mon-Fri 9am-5pm, Sat & Sun Closed

262-638-6200

bmoharris.com

Johnson Financial Group

Samuel C. Johnson, the fourth-generation leader of SC Johnson, steered the company to become one of the world’s most successful privately owned enterprises. Recognizing a need for a different banking experience in 1970, S.C. Johnson IV founded Johnson Financial Group on the principles of unparalleled personal service and a steadfast commitment to community welfare.

Following S.C. Johnson IV’s passing in 2004, his daughter, Helen Johnson-Leipold, assumed the role of Chairman of Johnson Financial Group, becoming the fifth-generation leader of the company. Influenced deeply by her father’s inspirational legacy, Johnson-Leipold emphasizes the importance of striking a balance between tradition and innovation. She believes that each generation must bring fresh perspectives to the business while respecting its heritage, a lesson she learned from her father.

At present, Johnson Financial Group manages assets totaling $15 billion and demonstrates its commitment to philanthropy by donating $2 million to charitable causes annually. Under the guidance of Helen Johnson-Leipold and President/CEO Jim Popp, the company continues to achieve sustained growth and profitability, epitomizing its dedication to excellence and community betterment.

For more insights into Johnson Financial Group’s leadership, community engagement initiatives, and career opportunities, explore further.

555 Main St #100, Racine, WI 53403

Mon-Fri 9am-5pm, Sat & Sun Closed

262-619-2700

johnsonfinancialgroup.com

U.S. Bank

Originally known as the First National Bank of Cincinnati, U.S. Bank traces its origins back to the Abraham Lincoln administration when it was established under national bank charter No. 24 on July 13, 1863. Adhering to a philosophy of financial prudence and integrity, the bank operated under the guiding principles that “the capital of a bank should be a reality, not a fiction” and emphasized the importance of securing loans beyond reasonable contingencies, while maintaining a commitment to straightforward and upright banking practices.

In 1864, the First National Bank of Minneapolis was founded, further expanding the institution’s reach and influence. Today, U.S. Bank stands as a cornerstone of the Twin Cities metropolitan area, boasting a workforce of over 11,000 employees and headquartered in the iconic Minneapolis U.S. Bancorp Center.

Unlike many banks during the Great Depression in 1933, the First National Bank of Cincinnati upheld its commitment to customers by refraining from limiting withdrawal amounts, demonstrating its dedication to serving the community even during challenging times.

Presently, U.S. Bank has earned recognition as one of the highest-rated banks globally. In response to the tragic death of George Floyd in June 2020, U.S. Bank pledged significant support, allocating $100 million in annual capital and $16 million in grants to Black-owned or -led businesses, housing and workforce advancement initiatives, and committed to doubling Black suppliers. Additionally, during the Paycheck Protection Program of 2021, the bank served a substantial proportion of businesses, with 90% having less than 20 employees, underscoring its commitment to supporting small businesses and economic vitality in communities.

4701 Washington Ave, Racine, WI 53406

Sun Closed, Mon-Fri 9am-5pm, Sat 9am-12pm

262-637-4481

usbank.com

North Shore Bank

In 1923, a group of local educators came together to establish The North Shore Building & Loan Association, convening in the backroom of Perkins Hardware Store. With humble beginnings, the association commenced operations with assets totaling $22,000, laying the groundwork for what would become a storied legacy of community banking.

Throughout the 1970s, the association experienced steady growth, expanding its branch network to serve an increasing number of communities. The milestone moment arrived in 1972 with the opening of the first branch in Milwaukee, Wisconsin, marking the beginning of a period of strategic expansion and evolution.

As the bank embarked on a journey of mergers and acquisitions, The North Shore Building & Loan Association transformed into North Shore Bank in 1989. By the time the bank celebrated its 75th anniversary in 1998, it had established a formidable presence with 33 locations, spanning from Green Bay and Racine to Kenosha, the Fox Valley, Union Grove, Ozaukee County, and the greater Milwaukee metropolitan area.

Today, North Shore Bank stands as a beacon of financial stability and community commitment, boasting assets exceeding $2.5 billion and a network of 45 offices across eastern Wisconsin and northern Illinois. For over 95 years, the bank’s nearly 500 employees have exemplified unwavering dedication to customer service, delivering personalized assistance both in-person and through innovative digital channels.

Discover how North Shore Bank can support your financial goals, whether you’re planning for retirement, investing for the future, or seeking to make a positive impact in your community.

4923 Washington Ave, Racine, WI 53406

Sun Closed, Mon-Thur 9am-5pm, Fri 9am-6pm, Sat 9am-12pm

262-637-6183

northshorebank.com

Town Bank

In 1991, Ed Wehmer, a founding member and current CEO of Wintrust, envisioned creating an alternative to the large banking institutions. Over the past three decades, Wintrust has expanded from its suburban roots in the north Chicago area to encompass 175 locations, all while staying true to its original mission.

As an integral part of the community, the Wintrust Community Bank family believes in the importance of a genuine community bank, where customers are known by name, bankers actively engage with local businesses, and the bank invests in the neighborhoods it serves. Town Bank exemplifies this ethos, being established specifically for and within its local area. The dedicated staff at Wintrust endeavors to be a positive force in the communities they serve, striving to understand each customer’s unique needs in order to deliver not only the best banking products but also unparalleled service.

Through initiatives like the Wintrust Credit Academy, summer internships, and various career opportunities, Wintrust remains committed to fostering talent and providing avenues for personal and professional growth. Explore further to learn more about these programs and how Wintrust can support your financial aspirations.

5005 Washington Ave, Racine, WI 53406

Sun Closed, Mon-Fri 9am-5pm, Sat 9am-12pm

262-833-3370

townbank.us

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