Port State Bank hires Woldt as COO

Port Washington State Bank has expanded its senior management team with the hiring of Joan Woldt as chief operating officer.

Woldt, who has more than 32 years of community and regional banking experience, will oversee retail banking, compliance and marketing while working with President James Schowalter and other members of the bank’s executive leadership team.

Woldt was most recently the chief operating officer at Bank First, headquartered in Manitowoc, where she led retail and commercial banking as well as treasury management growth strategies and was part of the risk management and credit initiatives team.

“Joan possesses a valuable combination of expertise and leadership skills,” Port Washington State Bank Chairman and CEO Steve Schowalter said. “She has been a longtime banker and community champion, and we are excited to welcome her to our growing team.”

Woldt holds a bachelor’s degree in business administration with an emphasis in finance and communications from the University of Wisconsin-Green Bay and has completed advanced training through the Wisconsin Bankers Association Commercial Banking School, Kellogg-Northwestern University and the American Bankers Association Stonier Graduate School of Banking.

Headquartered in Port Washington, Port State Bank has branches in Saukville, Cedarburg, Grafton, Mequon, Thiensville, Belgium and Fredonia.