Paul has served as the President and CEO of Monona Bank since June 2007. Paul has more than 30 years of experience in the banking industry, including time spent working at M&I Bank and Park Bank in Madison, as well as for the Federal Reserve Bank in Minneapolis. Paul graduated from St. Mary’s University in Winona, Minnesota with a Bachelor of Arts degree with majors in Business Administration-Management and Humanities. He also completed the Graduate School of Banking Program based at the University of Wisconsin. Paul is active in the community, and currently serves on the board of the Rotary Club of Madison.
Tim currently serves as the Executive VP and CFO and has been with Monona Bank since June 1999. Tim has more than 30 years of experience in the banking industry, including nine years as the Controller at Blackhawk State Bank (SEC registrant) and two and half years as a staff account with a public accounting firm. Tim graduated from the University of Wisconsin-Platteville with a Bachelor of Science degree in Accounting. Tim has held his CPA license since 1991. Tim is active in the community, and currently serves as Trustee of St. John the Baptist Church Waunakee and Treasurer of NewBridge of Madison.
Arlyn Steffenson joined Monona Bank in March of 1999, and currently serves as our EVP and Chief Lending Officer. Arlyn has more than 28 years of experience in the banking industry, including time spent working at Valley Bank in Madison and the State Bank of La Crosse in La Crosse. Arlyn graduated from the University of Wisconsin- La Crosse. He also completed the Graduate School of Banking Program at the University of Wisconsin Madison.
Pete Graven serves as the Senior Vice President of Credit Risk for Monona Bank. He has been in banking for more than 35 years; with more than 25 years in commercial lending including time at Manufacturers Hanover Bank (now J. P. Morgan Chase), US Bank, and Bank of Verona. He currently oversees the bank’s Credit Department and is responsible for commercial loan underwriting, commercial documentation, and loan review. Pete is from Madison and graduated from UW-Madison School of Business with a degree in finance and management. He also completed Graduate School of Banking at UW-Madison.
Julie serves as the Executive VP and Chief Operations Officer for Monona Bank joining the bank in Fall of 2019. She currently oversees Deposit Operations, Contact Center, Compliance, IT, and Facilities. Her banking experience of more than 30 years includes CFO and Operations work at Union Bank & Trust Company, as well as Operations and Audit work at Bankers’ Bank in Madison prior to that. Julie has a degree in Finance from UW-Whitewater and has completed the Graduate School of Banking Program based at the University of Madison. Most recently, she has obtained a Certificate in Advanced Management and Leadership out of the Wisconsin School of Business-Center for Professional and Executive Development. Julie is active with the Wisconsin Bankers Association, and currently serves as Treasurer for the Sugar River United Methodist Church in Verona.
Ben has served as the Senior Vice President of Consumer Banking for Monona Bank for more than nine years and has been in the retail financial services industry for over 21 years. His role oversees the branches, retail products and services, and Monona Investments while providing leadership with Consumer Lending, consumer technology, and our digital focus. Ben has a Finance degree from UW-Milwaukee, Graduate School of Banking at UW-Madison degree, and an MBA from UMass-Amherst. Prior to coming to Monona Bank, Ben worked for Wells Fargo and Strong Investments. He is very active with the Wisconsin Bankers Association where he serves on several retail banking boards.