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Feb 1, 2017

Tim Treml Appointed President/CEO of Bank of Luxemburg

Bank of Luxemburg Executive Vice President/Chief Lending Officer Tim Treml was promoted to president at the start of 2017. John Slatky, who served as the bank’s executive vice president/CEO for five years and president/CEO for 23 years, will remain on staff to ease the transition until his planned retirement this June.

Treml has been working closely with Slatky over the course of two years to focus on the most important aspects of his new position. “Responsibilities have been transferred to me gradually, so I am confident in myself and the leadership team will effectively continue to manage the institution moving forward,” Treml stated.

Treml assures employees, customers and stakeholders there will not be drastic or immediate changes due to the transition. “Bank of Luxemburg’s purpose is ‘To have a positive impact on people’s lives,’” Treml shared. “This purpose is what our staff believes makes our relationships with customers special. I look forward to working with our staff to continue fulfilling this vision in the communities we serve.” 

Treml’s promotion comes as a result of his leadership and long-term commitment to the bank. Treml has been employed at Bank of Luxemburg for 22 years this June, including seven as chief lending officer, before being promoted to executive vice president in 2015. In addition, Treml completed the Graduate School of Banking in 2001 and the Leadership Development Program for Community Bankers in 2015, a one-year program offered through the Center for Professional and Executive Development from the Wisconsin School of Business at University of Wisconsin—Madison.

Treml also brings years of dedicated volunteer service and community involvement to his leadership role. He served as president on the Luxemburg Chamber of Commerce and was named the chamber’s “Man of the Year” in 2013. He served as treasurer to Kewaunee County Economic Development Corporation for three years, has co-chaired the EastShore Industries Annual Golf Outing for 13 years, has served as treasurer to Ducks Unlimited for over 16 years and is a former rescue squad member.

Former Bank of Luxemburg President John Slatky is confident in the bank’s future under Treml’s leadership. “The customers in our communities will be well served for many years to come,” Slatky assured. “Our customers expect nothing less than exemplary service and sound leadership from their banker and Tim continues that tradition.” Though Slatky plans to retire this summer, he will remain on the bank’s board of directors.

As Treml transitions to president, Darren Voigt has assumed the responsibilities of chief lending officer. Voigt has been with Bank of Luxemburg since 2014 and has over 25 years of experience including consumer and mortgage lending, as well as business and commercial banking and treasury management.


Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. For more information about Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.

Dec 9, 2016

Luxemburg Bancshares, Inc. Declares Semi-Annual Dividend

Luxemburg Bancshares, Inc., parent company of Bank of Luxemburg, announced the approval of a semi-annual dividend of $0.58 per share, payable on December 15, 2016 to shareholders of record as of December 1, 2016. The current dividend is an increase of $0.02, compared to the June 2016 dividend of $0.56 per share paid on June 15, 2016.

“Increasing dividends are an example of the strong financial position of Luxemburg Bancshares, Inc. and Bank of Luxemburg,” said Bank of Luxemburg President John Slatky. “2016 was another solid year for the Bank, and the Company is expecting to exceed this year’s budgeted financial goals.”

Bank of Luxemburg and Luxemburg Bancshares, Inc. have banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. The company also offers investment services, financial planning and the sale of alternative investments to its customers in each community.

Sep 30, 2016

Darren Voigt Promoted to Chief Lending Officer at Bank of Luxemburg

Darren Voigt, previously Senior VP of Commercial Lending at Bank of Luxemburg, has been promoted to Chief Lending Officer. 


Darren Voigt

Voigt began his successful career at another financial institution as a mortgage and commercial lender before transitioning into various management roles. With over 25 years in the industry, Voigt has gained experience in consumer and mortgage lending, as well as business and commercial banking and treasury management.

Voigt started at Bank of Luxemburg in January 2014. “I appreciate the opportunity to work for an institution that truly puts the customer first,” said Voigt. “Here at Bank of Luxemburg, employees are empowered to make a positive impact.” As Chief Lending Officer Voigt looks forward to working with clients and helping them achieve their financial goals. “As a community bank, we are dedicated to providing the service our customers need,” said Voigt. 


During his spare time, Voigt enjoys playing golf and traveling.

Jun 10, 2016

Luxemburg Bancshares, Inc. Declares Dividend

Luxemburg Bancshares, Inc., parent company of Bank of Luxemburg, held its annual meeting on May 17, 2016 and announced a semi-annual dividend of $.56 per share, payable on June 15, 2016, to shareholders of record as of June 1, 2016. The current dividend is an increase of $0.02, compared to the June 2015 dividend of $0.54 per share paid on June 13, 2015.

The shareholders also elected Michael R. Baudhuin and David S. Rueckl to the Board of Directors of Luxemburg Bancshares Inc. Mr. Baudhuin is the Executive Vice President and Co-owner of Wire Tech Fabricators, Inc. in Sturgeon Bay, WI and Mr. Rueckl is the owner of Rueckl Oil, a northeast Wisconsin distributor located in Casco, WI.

Michael R. Baudhuin 
 David S. Rueckl 
President John Slatky noted, “Continued dividends are one example of the solid financial position of Luxemburg Bancshares, Inc. and Bank of Luxemburg.” The Company has a 33-year history of paying and increasing dividends on an annual basis. The Bank is expecting to maintain profitable operations through 2016 and beyond with substantial deposit and loan growth.

Luxemburg Bancshares, Inc. and Bank of Luxemburg have banking offices in Luxemburg, Green Bay, Kewaunee, Dyckesville, Casco, Algoma and Sturgeon Bay.  The company also operates Raymond James Financial Services, offering financial planning and the sale of alternative investments to its customers in each community.  For more information about Luxemburg Bancshares, Inc. contact John Slatky at 1-920-845-2345.

Apr 8, 2016

Bank of Luxemburg Increases Revitalization Fund to $3 Million

Loan Program Aimed to Benefit all of Kewaunee County 


Bank of Luxemburg has increased the dollar amount and eligible footprint for their Revitalization Program. The program, which initially allocated $1 million to businesses within Luxemburg, will now allocate $3 million to the fund and it will be available to businesses throughout all of Kewaunee County.

The Revitalization Program assists business owners to enhance the physical appearance and economic vitality of their businesses and commercial buildings within all of Kewaunee County. Long-term objectives of the program include physical improvements of buildings, landscaping and parking lots, plus increased pedestrian functionality.

“Like Luxemburg, Algoma has its main street program, and Kewaunee is looking toward additional development with its harbor renovation,” said Executive Vice President Tim Treml. “From the Town of Carlton to the Town of Red River, there are small businesses that could benefit from this program.”

Loan amounts will vary from $5,000-$50,000 with a low fixed interest rate and special repayment terms based on individual project needs. Eligible loan uses include facade improvements, pedestrian cover, historical preservation, structure renovations and accessibility improvements.

Kewaunee County business owners interested in the Revitalization Program can contact Mike Stone at Bank of Luxemburg at 920-845-2345 or mikestone@bankoflux.com.


Bank of Luxemburg and Luxemburg Bancshares, Inc. have full-service banking offices in Luxemburg, Green Bay, Dyckesville, Casco, Algoma, Kewaunee and Sturgeon Bay. The company also offers investment services, financial planning and the sale of alternative investments to its customers in each community. For more information about Bank of Luxemburg and Luxemburg Bancshares, Inc., visit www.bankofluxemburg.com.