Town Bank Expands in Milwaukee, Hires Baisden and Altoro to Increase Market Presence

MILWAUKEE – Town Bank has announced plans to expand its Milwaukee area presence with a new banking office at 140 S. 1st Street in the 5th Ward neighborhood of the City of Milwaukee. The branch is expected to open in the fall of 2013 as a full service retail facility with a drive-through window, onsite parking and walk up ATM. In addition to being fully staffed with financial service representatives offering traditional retail banking services, the new S. 1st Street location will feature commercial banking, treasury management, and private banking services.

“We believe good things are happening in the 5th Ward and surrounding neighborhoods,” commented Town Bank President & CEO, Jay Mack. “The availability of the S. 1st Street location gives us a tremendous opportunity to access this market. Adding a full service retail location in the City of Milwaukee will complement our existing footprint in Waukesha and Dane Counties and provide a springboard for further expansion in Milwaukee County,” Mack further commented.

To help lead the expansion, Town Bank has tapped Keith Baisden as Senior Vice President, an industry veteran with more than 25 years experience. “Keith brings tremendous experience developing and building client relationships. With his network of contacts in the Milwaukee area, we look forward to expanding our commercial presence throughout Southeastern Wisconsin,” said Mack.

Before joining Town Bank, Baisden was a Regional Senior Vice President at BMO Harris. Baisden holds a Bachelor of Science degree in Business Administration from Marquette University. “Town Bank is a dynamic organization and I’m excited to be part of its leadership team,” said Baisden. “Through my knowledge of the Milwaukee marketplace, coupled with the expansive financial products of Town Bank and its world class service culture, we can provide clients with an unparalleled banking experience.”

Town Bank has also hired Joaquin Altoro as Vice President-Business Banking of the Milwaukee office. Altoro will be responsible for working with small business and non-profit organizations. He will focus on delivering customized product offerings to clients throughout the Milwaukee area. “Joaquin understands the unique and diverse needs of community banking clients and has the energy and drive to build long-term banking relationships,” commented Mack. “As we open our location, he will hit the ground running as an active part of the community.” Altoro comes to Town Bank from Associated Bank where he served as Assistant Vice President-Community Lending.

Town Bank, a Wintrust Community Bank, has locations in Delafield, Elm Grove, Hartland, Madison, Menomonee Falls, Milwaukee and Wales, Wisconsin and provides a wide array of commercial and private banking services. Since its inception in 1998, the bank has grown to more than $850 million in assets. Town Bank is a true community bank – it is locally operated; decisions regarding rates, products, and loan approvals are made on-site; and deposits of the bank are reinvested into the community. Town Bank is a Member FDIC and Equal Housing Lender. Visit the bank’s website at or on Facebook at Town Bank can be followed on Twitter @TownBankUs.

Town Bank is an affiliate of Wintrust Financial Corporation. As a family of community banks and specialty companies, Wintrust offers the products and technology found at the big banks paired with exceptional service, understanding and client focus. Wintrust customers get to Have It All – a full slate of powerful and sophisticated financial products and the local decision making and personal service that only a group of community banks and specialty finance companies can offer.

Wintrust is a financial holding company with assets above $17 billion. The Company engages in the business of providing traditional community banking services, wealth management services, commercial insurance premium financing, mortgage origination, short-term accounts receivable financing, and certain administrative services, such as data processing of payrolls, billing and treasury management services. The Company provides community oriented, personal and commercial banking services to customers located in the greater Chicago, and southern Wisconsin metropolitan areas through its 15 wholly owned banking subsidiaries.

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