Thomas Herlache, Baylake Bank President and CEO,
and John Hauser, Baylake Executive Vice President
and Chief Investment Officer, were among members
of the Wisconsin Bankers Association (WBA) who met
with new Federal Reserve Chairman Ben Bernanke
when the WBA group traveled to Washington, D.C.,
in 2004. Herlache is pictured second from left,
and Bernanke second from right.
The group was there to meet with key contacts at
regulatory agencies, including the Federal Reserve
Board of Governors and the Federal Deposit
Insurance Corporation (FDIC). “Financial
institutions are critical to the economic
viability of every community in Wisconsin,” said
Harry J. Argue, WBA’s executive vice president/CEO
at the time. “By meeting with our political
leaders and top regulators, these bankers further
demonstrate their commitment to their
communities.”
The WBA has represented the state’s financial
institutions’ industry since 1892, and is the
state’s largest financial institution trade
association. Baylake Bank staff members are
regularly selected to serve on WBA boards and
committees to serve as resources that help guide
the association and the banking industry.
Herlache served on the WBA Board of Directors from
1998 to 2005, and prior to that, on its Government
Relations Committee and Political Action Board. He
was recently elected to the Board of Directors of
the Federal Home Loan Bank of Chicago, one of 12
district banks chartered in 1932 by the U.S.
Congress to ensure a secure source of mortgage
funds to thrift and housing finance institutions.
At the time of the meeting, Hauser was
participating in the WBA Leadership Development
Program.
Baylake Bank has been a community bank in
northeastern and central Wisconsin since the late
1800s. It currently operates from 27 financial
centers in Brown, Door, Green Lake, Kewaunee,
Manitowoc, Outagamie, Waupaca, and Waushara
counties, and from its website at www.baylake.com.
