Appointed Market President-Appleton for Baylake Bank
Sturgeon Bay, WI—Baylake Bank Senior Vice President of
Human Resources Kenneth Lammersfeld recently announced the
appointment of Rick Schabo to the position of Market
President-Appleton. Baylake Bank opened its second Financial
Center in Outagamie County in early February of this year at 333
S. Nicolet Road, Appleton, Wisconsin. As Market President,
Schabo will lead the commercial banking, cash management, and
private banking team for this new location and assist in driving
Baylake Bank’s growth in Appleton and the Fox Valley area.
“I am very excited to be part of Baylake Bank as they enter into
the Fox Valley market. Working in the banking industry for more
than 23 years and living in the Fox Valley area my entire life,
I hope to introduce Baylake Bank with their great reputation to
both individuals and companies in our community,” Schabo said.
“Baylake is large enough to provide a full array of product and
service solutions, from a community bank where the decisions are
made locally and in a very timely manner.”
Schabo earned his Bachelor’s Degree in Business Administration
from the University of Wisconsin Eau Claire. Prior to joining
Baylake Bank, Schabo worked in commercial banking for more than
15 years, first as Vice President of Commercial Banking at M&I
Bank Fox Valley, and later was named Senior Vice President of
Commercial Banking at Associated Bank. Over the course of his
financial services career, Schabo has had responsibilities in
retail banking, consumer lending, as well as mortgage lending.
“Rick brings a great deal of experience, community leadership
and a vast knowledge of the Fox Valley to this position and to
Baylake Bank. Together the entire Appleton team is committed to
being a trusted and valuable financial resource for the
community,” Lammersfeld said.
Schabo enjoys a variety of outdoor activities with his family,
as well as coaching a number of youth teams in the Greenville
and Hortonville communities. In addition he is Treasurer and
Board Member of the Hortonville Basketball/Backcourt Club and a
member of the Downtown Appleton Rotary Club.
Baylake Bank is a subsidiary of Baylake Corp. (NASDAQ: BYLK), a
one-bank holding company headquartered in Sturgeon Bay,
Wisconsin. Baylake Bank provides banking and financial services
from community financial centers located throughout Northeast