CLOs on the Move

In 1995, privately held Ridgestone Bank opened its doors in Brookfield, Wisconsin to meet customer lending and depository needs. Purchased by new owners in 2006, Ridgestone expanded its commercial options and opened a branch in Schaumburg, Illinois. Utilizing new management, the bank increased business significantly by offering extensive SBA and USDA lending programs. In 2013-15, the bank added SBA/USDA loan production offices in Indianapolis, Northern Wisconsin, Wausau, Wis., Southern California, Tennessee and Ohio. Ridgestone continues to expand its lending footprint, funding SBA/USDA loans across the country.