Thursday, September 29, 2022

Grand Opening Of The Milwaukee Southside First Federal Bank Of Wisconsin Formerly The Mitchell Street State Bank

First Federal Bank of Wisconsin celebrated its 100th Anniversary at the Milwaukee Southside W. Historic Mitchell Street branch Grand Opening.


By H. Nelson Goodson
Hispanic News Network U.S.A.

September 29, 2022

Milwaukee, Wisconsin- On Wednesday, the First Federal Bank of Wisconsin (formerly Mitchell Street State Bank-MSSB) at the 1000 block of W. Historic Mitchell Street held their official Grand Opening. First Federal Bank of Wisconsin (FFBW) was established in 1922 and the bank executives celebrated their 100th anniversary in conjunction with the Grand Opening at W. Historic Mitchell Street location.

The FFBW executives including First Federal chief executive and chief executive officer Edward Schaefer were at the Milwaukee Southside location on Wednesday along with Milwaukee Mayor Cavalier Johnson and Milwaukee Common Council President José G. Pérez who is the current 12 District Alderman in the area, to officially conduct the Grand Opening Ribbon Cutting Ceremony. Ald. Pérez says the MSSB was one of the first financial institutions in Milwaukee to offer loans and banking services to the local Hispanic immigrant population by accepting the IRS ITIN number for undocumented workers (who didn't have a valid Social Security number) in the community. 

The MSSB has had a history of providing financial services to immigrants since 1907.

The FFBW bought the Mitchell Bank in December 2020 and had been gradually going through remodeling and renovation including the adjacent drive through section for the last 21 months.

The FFBW provided complimentary tacos and beverages by Taquería Corazón and paletas (Mexican popsicles) to those attending.

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