‘Low Rates Can’t Last Long’

Whenever the Fed takes the training wheels off the economy, monetary policy could be dramatically different from the recent past, writes Milwaukee Journal Sentinel columnist Tom Saler.

Johnson Bank Appoints New Managers

Johnson Bank, Racine, announced the following appointments in the Milwaukee Journal Sentinel: Sandy Spielmann as regional group president of Johnson Bank; Thomas Smith as chief administrative officer for Johnson Financial Group; and Chris Ott as chief client services officer.

In addition, the Milwaukee Business Journal reported that Richard Gorton, former board chairman of Gormac Products Inc. in Racine, has been appointed vice chairman of Racine-based Johnson Bank’s board of directors.

U.S. Bank Opens Tech College Branch

U.S. Bank has opened a full-service onsite bank at the Milwaukee Area Technical College student center at 7th and State streets. U.S. Bank will provide the banking function for the school’s multiuse identification card, the Milwaukee Journal Sentinel reported.