Midwest Mujeres announces financial wellness event
Midwest Mujeres Collective, a regional Latina network, will host Yo Quiero Dinero, its second financial wellness event on June 3 from 9 a.m.–1:30 p.m. at the MyArt building, 1055 E. Mifflin St.
Banking & Finance
Wealth management company relocates
SlateStone Wealth has moved to Lodgic Workplace, at 2801 Marshal Court, Suite 21, in Madison, to accommodate additional partners and staff.
Evers touts success of Main Street Bounceback, invests $25 million more
At a recent joint event with the Wisconsin Economic Development Corp., Gov. Tony Evers announced the state will be investing an additional $25 million into the Main Street Bounceback Grant Program.
Fed raises interest rates by 0.5%
In an aggressive move, the Federal Reserve announced a half-percentage point rate hike to the benchmark interest rate.
Merged accounting firms reveal new name
The merger between national accounting firms BDK and DHG will form the new company FORVIS.
Edvest announces sweepstakes
To mark its 25th anniversary, Wisconsin’s direct-sold 529 college savings plan, Edvest, will award one $529 account contribution every month throughout the year.
Sonic Foundry closes on public offering
Madison-based Sonic Foundry Inc. announced the closing of its public offering of 1.7 million shares of common stock at $2.55 per share.
Summit Credit Union to open Black Business Hub branch
Summit Credit Union announced it will open a branch in the Urban League of Greater Madison’s Black Business Hub development in South Madison.
Student loan repayment freeze extended
The moratorium on federal student loan payments will be extended by the Biden administration through Aug. 31.
Financial literacy for small business owners
April is Financial Literacy Month, and while we tend to think of financial literacy in terms of teaching young adults how to manage their money, there’s a lot that small business owners can learn too.
Summit to open branch at One City Schools
One City Schools and Summit Credit Union announced that the credit union will open a student-run branch for students, families, employees, and other members of the One City Schools community at the new Pleasant T. Rowland Leadership Campus, 1707 W. Broadway St.
2ft.D receives $50,000 investment from Doyenne Group
Doyenne Group Inc.’s Evergreen Fund has made a $50,000 investment in 2ft. Design Data Inc. (2ft.D).
Anatomy of a partnership: How Neckerman became McClone
Behind the scenes of a new partnership, the experience of Doug Dittmann, originally with Neckerman, and Dustin McClone, president and CEO of McClone Insurance, offers some insight into what businesses should think about when they consider merging companies, teams, and brands.
Capitol Bank to open east side location
Capitol Bank announced the April 7 opening of Capitol Bank East, at 5427 Eastpark Blvd., in the American Center.
State adopts continuing education rule for investment reps
The Wisconsin Department of Financial Institutions’ (DFI) Division of Securities announced the publication in the Wisconsin Administrative Code of CR 21-057, creating an administrative rule that requires both state-registered and federal covered investment adviser representatives to complete annual continuing education.
State, WDVA announce $549,000 in grants for veterans
The Wisconsin Department of Veterans Affairs (WDVA) and Gov. Tony Evers announced $549,560 in grants to 14 registered 501(c)(3) nonprofit organizations that provide financial assistance, entrepreneurship training, or other services to Wisconsin veterans and their families.
Evers announces more than $86 million for diverse business funding
Gov. Tony Evers awarded more than $86 million in grants to support small businesses in communities disproportionately impacted by the pandemic that have historically had difficulty accessing credit and capital.
Local bank merger an offensive move
Anytime two business entities merge, the context is important to note. As State Bank of Cross Plains (SBCP) and Monona Bank were announcing their plans to partner, the Federal Reserve Board made good on its pledge to start raising interest rates to slow inflation, there was growing concern about the American and global economies despite strong employment data, and Russia’s invasion of Ukraine joined inflation to roil the stock markets.
United Way accepting micro-investment grant applications
United Way of Dane County announced the availability of $50,000 in grant funding, made available through its 2022 Micro-Investment Grants Initiative.
Registration open for Small Business Academy
To coincide with the U.S. Small Business Administration’s (SBA) 50th National Small Business Week, Wisconsin business owners are invited to participate in the Lieutenant Governor’s Small Business Academy May 3–6.
