First Business Financial Services: Jerry Kilcoyne elected as chairman of the Board of Directors for First Business Bank

For more information contact:

Kelley Dixon

Marketing & Events Coordinator

First Business Financial Services, Inc.

Phone 608-232-5774

kdixon@firstbusiness.com

MADISON, WI – June 8, 2010 – First Business Bank announced today that Jerry Kilcoyne has been elected to Chairman of its Board of Directors. First Business Bank is part of First Business Financial Services, Inc. (NASDAQ: FBIZ).

Jerry is a private equity investor in businesses and an owner of commercial real estate in the Madison area. He has been involved in mergers and acquisitions throughout the United States, Canada, and Europe since 1980 and has owned or operated businesses in manufacturing, transportation equipment leasing, railroad operations, retail, printing, advertising specialties, elderly housing, warehousing, and distribution. Jerry and his wife, Kelley, are supporters of many local charitable organizations and have endowed an annual scholarship at the University of Wisconsin-Madison benefiting a student-athlete.

About First Business Bank

First Business Bank was established by area 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 financial services for businesses and business owners, including: commercial loans, treasury management products and remote deposit, Internet banking, retirement plans/investment management services/trustee services, asset-based lending, and equipment finance and leasing. For additional information, visit http://www.firstbusiness.com or call 608-238-8008.

About First Business Financial Services, Inc. First Business Financial Services (NASDAQ:FBIZ) is a $1+ billion Wisconsin-based bank holding company that specializes in focused financial solutions for businesses, key executives, and high net worth individuals through its operating companies. It is the 3rd largest Wisconsin-based commercial bank holding company listed on NASDAQ or NYSE. Its companies include: First Business Bank – Madison; First Business Bank – Milwaukee; First Business Bank – Northeast; First Business Trust & Investments; First Business Equipment Finance, LLC; and First Business Capital Corp. For additional information, visit http://www.firstbusiness.com or call (608) 238-8008.