The Legacy of Port Washington State Bank

Clarence Hill and George Henry opened the doors to their new bank at 206 N. Franklin St. in Port Washington, Wisconsin on Sept. 11, 1899 — less than a year after the Great Wisconsin Chair Factory Fire destroyed the town’s business district.

From this modest start, PWSB has grown to $1B in funds and loan assets under active management. We rank in the top 15% of similarly sized Wisconsin commercial banks. Today, each of our eight full-service locations offers the services of a large bank with the personalized service you’ll only find at a fifth-generation, family-owned community bank.

Today Steve Schowalter and Mark Schowalter carry on the traditions stared by the founders more than 125 years ago. 

Steve Schowalter

Steve served as the long-time President and CEO of PWSB and currently holds the position of Chairman. Under his leadership, the bank expanded its footprint in Southeastern Wisconsin while maintaining its reputation for local, personal service. He is well-known in the community for his involvement in local civic organizations and his commitment to keeping the bank independent and family-owned.

Mark Schowalter

Mark is part of the executive team continuing the family legacy. His role often focuses on business development and maintaining the high-touch relationships that define the bank’s "life-long customer" philosophy. He works closely with the other members of the Schowalter family—including his brother Steve to ensure the bank adapts to modern financial needs while staying true to its 125-year-old roots.