For Immediate Release
MADISON, November 8, 2004 – First Business Bank proudly announced today that Michael Losenegger has been promoted to Chief Operating Officer.
Michael previously held the position of Senior Vice President of First Business Bank and has over 19 years of banking experience, including specialized work in commercial lending and highly leveraged transactions. In addition, he has several years of experience working in the treasury department of a Fortune 500 company. Michael is a graduate of the University of Wisconsin-Madison where he received his Bachelor of Science Degree in Agricultural Economics. He holds a Master’s Degree in Management with concentrations in finance, accounting and management policy from Northwestern University’s Kellogg Graduate School of Management. Michael is a board member of Independent Living, Inc. and Mt. Horeb’s Zoning Board of Appeals. He is a member of the Development Committee for Porchlight, Inc., and a member and past board member of Madison South Rotary. Michael is also active in Project Self-Help and Awareness, Inc.
Michael resides with his wife, Rayne Arneson and three children, Corey, Tasher, and Matea in Mt. Horeb.
“I am honored to take on this new role at First Business Bank. As Senior Vice President I worked with many of the bank’s clients, their business operations, and their specific financial requirements. As COO, I will continue with many of my previous responsibilities, but will have the opportunity to expand my involvement with the subsidiaries of the Bank, First Business Leasing, LLC and First Business Capital Corp.,” stated Losenegger.
About First Business Bank
First Business Bank, a subsidiary of First Business Financial Services, Inc., was established by business owners and investors in 1990 to specialize in quality business banking for the local business community. First Business Bank offers a full line of deposit and loan products for businesses and business owners, including cash management products, Internet banking, retirement plans/investment management services/trustee services, asset based lending, and leasing. For additional information, visit www.fbbmadison.com or call 608-238-8008.
About First Business Financial Services, Inc.
First Business Financial Services, Inc., a $500 million company headquartered in Madison, Wisconsin, specializes in commercial banking, asset-based lending, commercial finance, leasing, retirement plans, investment management services, and trustee services. First Business Financial Services together with its subsidiaries and affiliates serves businesses and business owners with all of their financial needs. These subsidiaries and affiliates include: First Business Bank, First Business Bank – Milwaukee, First Business Capital Corp., First Business Trust & Investment Services, First Business Leasing, LLC, and m2 Lease Funds, LLC. For additional information, visit www.fbfinancial.net or call 608-238-8008.