Even in the middle of a pandemic, Nicolet National Bank was able to prove how well it can serve its customers. S&P Global Market Intelligence recently ranked Nicolet National Bank as the number nine community bank in the country for operations with $3 billion to $10 billion in assets. The ranking considers a number of financial performance metrics such as revenue growth and asset quality. Nicolet National Bank Senior Vice President of Commercial Banking Jamie Alberts points to the success they had securing mortgages for their clients as a big reason for the high ranking.
Alberts says it was also active with distributing Payroll Protection Program loans in the area. The bank provided approximately 4,700 PPP loans to area businesses totaling close to $500 million. Alberts points out that two of the top commercial lenders making sure businesses had access to the money work out of Nicolet’s Sturgeon Bay office.