Small Business Times:
Greg and Heidi Kolton are entrepreneurs, and they’ve made working with entrepreneurs and start-up businesses a priority for Foundations Bank. They founded the Pewaukee-based bank in September 2005.
Greg Kolton works as the president and CEO of the bank. Heidi Kolton is its executive vice president and chief operations officer.
Greg Kolton had been planning to start his own bank for more than 20 years, during his tenure at other large banks. Previously, he was the president and CEO of Marine Bank of Wisconsin. On one hand, he saw the power that big banks were able to bring to their clients because of the many assets and products they had. But at the same time, those banks weren’t flexible and we’re tailoring their products specifically to the needs of start-ups or existing small businesses.
To support the entrepreneurs who Foundations Bank works with, the Koltons have created the Business Banking Center inside the bank. Located just outside the offices of the bank’s commercial lenders and near the commercial lending support staff, the center features computers with Internet access, 2 meeting rooms with multimedia tools for presentations and pitches, and a library full of business resources.
In the center, customers also have access to commercial lenders and support staff to answer questions or provide other assistance. When customers sign up to use the center, the bank assigns staff to help them while they’re working there…
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