FFBW, Inc. Appoints Edward H. Schaefer as Principal Financial Officer
July 31, 2020 at 09:06 pm
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On July 31, 2020, FFBW, Inc. (the “Company”) announced the appointment of Edward H. Schaefer, as the Company’s Principal Financial Officer. Mr. Schaefer is president and chief executive officer of the Company and its wholly owned banking subsidiary, First Federal Bank of Wisconsin (“First Federal”), positions he has held since July 2016.
FFBW, Inc. is a holding company. The Company provides a variety of financial services to individual and corporate customers through its wholly owned subsidiary, First Federal Bank of Wisconsin (the Bank). The Bank is a community bank, which offers consumer banking, commercial banking and residential lending. Its commercial banking services include commercial checking, commercial savings, municipal deposit accounts, treasury management services, commercial loans and credit cards. Its consumer banking services include checking accounts, health savings account, savings accounts, consumer loans, credit cards, card management, online services, mobile services, Zelle and Go Green with eStatements. The Bank has four branch locations. The Bank invests in various types of liquid assets, including the United States Treasury obligations, securities of various government-sponsored enterprises and municipal governments, deposits at the Federal Home Loan Bank of Chicago.