PORT WASHINGTON — The Port Washington State Bank Board of Directors unanimously voted to appoint Manuel Rosado, president and partner of Spectrum Investment Advisors, as a new board member.
As a director, Rosado will provide guidance and oversight of the bank’s policies, plans and operations, ensuring alignment with the institution’s values and vision, which have been upheld by the five generations of the Hill/Schowalter family over its 125-year history, according to a bank press release. Rosado is a graduate of Taylor University with a Bachelor of Arts in business administration and finance and has a Master’s of Business Administration in finance from Concordia University. He brings 25 years of experience in the retirement plan and investment management industry to the role, according to the press release.
At Spectrum Investments, Rosado oversees the firm’s general operations and actively contributes to industry conferences as a speaker and panelist, in addition to serving on the investment committee at Spectrum.
“Manuel will bring a great deal of financial expertise and divergent thinking to our board,” said PWSB Executive Chairman and CEO Steven Schowalter. “As a resident of Mequon, we know he understands our communities well, something that we always look for in our board leadership. Our communities are core to what we do, and without them, we wouldn’t be where we are today.”
Headquartered in Port Washington, the bank is principally owned and led by the third, fourth and fifth generation descendants of its founder Clarence Hill. The bank has locations in Port Washington, Saukville, Cedarburg, Grafton, Mequon, Thiensville, Belgium and Fredonia.