Our mission is to enhance the value of community based financial institutions by delivering the highest quality products and services at competitive pricing, while providing a return to its shareholders.

Bankers' Bank is not a retail bank; therefore, we will not compete with our clients for market or charters.

Always your partner - never your competitor. ™


Products & Services

We are a state-chartered financial institution that specializes in providing correspondent banking products such as secondary mortgage products, competitive federal funds rate, cash letter processing with automated cash management, municipal bond underwriting, investment trading, safekeeping and portfolio accounting, lending alternatives, card products and more.

At Bankers’ Bank, we utilize the latest technologies to manage more than $2 billion dollars of assets and over $20 billion dollars of custodial securities daily and support our bank customers by providing services, tools and products that make you more competitive and better able to meet the demands of your customers. Yet we strive to maintain a personal touch by making sure you can always reach a knowledgeable person to respond to your needs or questions.

Our innovative, non-exclusive services, mass purchasing power, state-of-the art technologies, and greater scale economies allow you the ability to offer larger loans, tax-exempt debt underwriting and consolidate processing. This improves your operating efficiency and delivers proven cost effectiveness. 

We are a for profit organization independent of control by any group or affiliation. Our shareholders, many of whom are in fact our clients, accrue the benefits of any profits and while ownership interests are available to our customers it is not a requirement.

We serve our customers from our headquarters in Madison, Wisconsin as well as our regional offices in Springfield, Illinois; Des Moines, Iowa; and Indianapolis, Indiana and while some of our services are geographically limited to the 7th, 9th, and 10th Federal Reserve Districts, many of our specialized services are available to assist banks located anywhere in the United States.

October 2017 - Welcome Robert Jarosinski

 Bankers’ Bank welcomes Robert Jarosinski as First Vice President of BankCards & Payments, focused on shaping the future of payment product offerings. Robert brings over 10-years of experience in financial services with roles including: management consulting, mergers & acquisitions and risk management all with a focus in the payment industry. He is regarded as a payment and emerging technology subject matter expert working with clients 1:1, speaking at high profile events and as a regular contributor to industry publications. Robert is a graduate of Northwestern University with a B.S. in Communication Studies. He is excited to be part of the Bankers’ Bank team and is looking forward to meeting with each customer bank in the near future.


Jan 2, 2017 - Promotions

The following officer promotions were approved at the November Bankers’ Bank Board of Directors meeting, effective January 1:

• Pete Aarsvold - Commercial Banking - promoted to First Vice President - Commercial Banker
• Theresa Hauri - Commercial Banking - promoted to Commercial Administrative Officer
• Linda Lease - Commercial Banking - promoted to First Vice President - Commercial Banker
• Kevin Means - Commercial Banking - promoted to First Vice President - Commercial Banker
• Deanna Oetzel - Community Mortgages - promoted to Assistant Vice President
• Troy Rueggsegger - Correspondent Banking - promoted to Vice President - Correspondent Banker
Holly Somers - Commercial Banking - promoted to Credit Officer

These staff promotions also went into effect on January 1:

• Amber Benjamin - Account Services - promoted to Electronic Services Manager
• Mike Scharenbroch - BankCards - promoted to Community BankCard Supervisor - Coordination and Analytics

Congratulations everyone!


Amanda James has joined Bankers’ Bank as Vice President, Correspondent Banker, responsible for supporting and building customer relationships in the greater Chicago area. Amanda spent the past three years in Chicago managing mortgage customer relationships across the Midwest. She also held positions in Real Estate Services, Property Management, and Asset Recovery at a corporate relocation company headquartered in Connecticut. Amanda has a Bachelor’s degree in Vocal Performance from Boston University and worked in classical music management in New York City early in her career.


Bankers’ Bank is pleased to announce that Vice President and AAP, Troy Ruegsegger, will be moving to our Correspondent Banking Team as a Correspondent Banker for Southern Wisconsin. Troy joined Bankers’ Bank in 2002 and has been a key contributor in the Deposit Operations area, with a focus on International Money Services. He will transition to his new role by the end of January. In addition to assisting the needs of banks in Southern Wisconsin, Troy’s extensive background and accreditation will enable him to work closely with the other Correspondent Bankers to further streamline cashletter transitions and coordinate beneficial account solutions for current customers and prospects across the Midwest.


Tom Thompson recently joined Bankers’ Bank as First Vice President – Commercial Banker, with relationship and business development responsibility in the Northern Illinois area. He has extensive experience in business development with commercial banks and financial institutions, covering asset-based and cash flow lending. His 30 years in commercial lending includes roles in audit, underwriting, credit analysis, portfolio management, credit restructuring, and originations. Tom joins Bankers’ Bank after spending the last 10 years with a Chicago-based commercial bank. Tom received a BS degree from the University of Illinois - Champaign and an MBA in finance and marketing from the University of Illinois – Chicago. He is also very honored to serve as a Board Member for Special Olympics Illinois since 2008.


June 2016 - What's New at Bankers' Bank

As we mark our 35th anniversary of being always your partner, never your competitor™, it’s important to note What’s NEW at Bankers’ Bank:

We recently announced the launch of ALM Driver™, our new generation asset liability management tool that we are convinced will provide you with better information to satisfy regulatory requirements AND enhance your bank's profitability. Our President/CEO, Brad Stamper, was so impressed with this tool that we converted to ALM Driver in the second quarter. Read more . . .

We also wish to update you on a variety of new products to provide you income and convenience while expanding customer offerings. They include: Same-Day ACH, Third-Party Wire Transfer, OFAC Services, ACH Risk Reporting, and a “re-launch” of our Remote Deposit product.

Finally, we rolled out our new mortgage website solution and lead generating tool. BB•Connect™ was developed with community banks in mind, offering a robust integrated mortgage system including resources to connect customers to your bank. Bankers’ Bank has made a significant investment in this game-changing solution and we can’t wait to demo it for you. Read more . . .


Mar 16, 2016 - New Iowa Lender

Bankers’ Bank is pleased to introduce Shane Greenleaf, the new Iowa lender to join our Credit Services department. Shane will be working out of our Des Moines office, although you will have a better chance of meeting him either in your bank while he’s out making calls, at one of the various Iowa bankers’ meetings, or at our Correspondent Day outing on June 6 at Des Moines Golf. Shane is a Iowa native, and grew up in Sioux City. He attended University of Northern Iowa, has lived in Des Moines since 2003, and brings with him 15 years of Banking/Financial Services experience. Join us in welcoming Shane to the Bankers’ Bank team.


Jan 2, 2016 - Promotions

The following officer promotions were approved at the November Bankers’ Bank Board of Directors meeting, effective January 1:

• Jackie Keith - Retail Investments (BFSN) - promoted to Assistant Vice President
Jennifer Rozinski - Investment Services - promoted to Vice President

These staff promotions also went into effect on January 1:

Amber Benjamin - Account Services - promoted to Senior Electronic Services Specialist
Yvonne Bracey - Mortgages - promoted to Underwriter II
Misty Kindt
- Mortgages - promoted to Processing/Closing Supervisor
Adam Pfotenhauer - Retail Investments (BFSN) - promoted to BFSN Operations Specialist
Steve Schnering - Investment Services - promoted to Investment Rep
Lori Webber - Account Services - promoted to Cash Letter Adjustment Coordinator

Congratulations everyone!


Dec 7, 2015 - Bankers' Bank Welcomes New President/CEO

During 2015, we conducted extensive research and interviews to find a new President/CEO.  We are pleased to announce that Bradlee F. Stamper will become the President/CEO of Bankers’ Bank and Bankers’ Bancorporation as of December 7, 2015.

Brad is a graduate of Marietta College, Marietta, Ohio. He brings with him over 33 years of experience in banking, both at community and regional bank levels and in such areas as commercial, retail, consumer and mortgage lending, finance, marketing, risk management, sales and strategic planning.

On December 7, Edie Tholo, who served as President and CEO in the interim, will resume the role of Executive Vice President.

We look forward to introducing you to Brad at various venues and industry events in 2016.


Nov 3, 2015 - Tholo Named Outstanding Woman In Banking

Congratulations to our very own Edie Tholo for being named one of the 2015 Outstanding Women in Banking by NorthWestern Financial Review.  As one of our first employees, Bankers’ Bank has known since 1981 that Edie is an outstanding asset to our business and staff, as well as to all the community banks we serve. From Operations to President & CEO, she has left her mark at every step along the way.