Business View Magazine | November 2020

121 BUSINESS VIEW MAGAZINE NOVEMBER 2020 CUSB BANK for two years and William is currently a credit analyst for Bankers Bank of Wisconsin. The hope is that they will all return to the bank at some time in the future. Meanwhile, the bank’s three-year plan, completed in 2019, calls for CUSB Bank to be a $1 billion institution by the end of 2027. J. Scott will be transitioning to the role of CEO by the end of this year, and Michael Drees, current Senior Vice President, will take over the President’s chair. “I will shift my concentration to acquisitions and mergers as well as continuing to head CUSB Bank’s philanthropic endeavors,” Thomson relates. “Historically, CUSB Bank has given back to the communities we serve four to six percent of our net profits in the way of challenge grants, donations, and pledges. I have been told that is roughly twice the amount that most banks give back. We realize that the bank is only as strong as the communities we serve, and we take our responsibility to the communities we serve very seriously.” “Our Vision Statement states that our emphasis will be on providing high-quality products, services, and expertise, with a technological platform that allows CUSB Bank to serve our long-time, loyal customers, as well as the next generation of customers. In order to do this, we will have to continue with a culture that fully embraces technology with an emphasis on our five pillars. We will also need to continue to emphasize employee development and succession. As we work towards those goals, we will operate in a prudent progressive manner that is conducive to sound fiscal management and integrity.” The Thomson family, owners of CUSB Bank. J. Scott Thomson, (far right) is pictured with his wife, Stephanie (to his left), and their children (from right to left) William, John, Samantha, and son-in-law, Tom Hall. The photo was taken at the bank’s 130th Celebration in 2018.

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