As North Milwaukee State Bank (NMS Bank) approaches its 40th year, the staff has launched the “Founders Campaign” to honor two board members who have been with the bank since its inception.
In February CCN Magazine honored NMS Bank co-founders Dr. William E. Finlayson and Dr. Randle E. Pollard at its Midwest Urban Empowerment Awards Ceremony. This event took place on Friday, Feb. 26, 2010 at the Hyatt Regency Hotel in Milwaukee, WI.
Dr. Finlayson was honored for 39 years of practicing obstetrics and gynecology by the Wisconsin African American Women’s Association on Sat., Feb. 27, 2010 in Milwaukee, WI.
Dr. Finlayson and Dr. Pollard have distinguished themselves through both medical service to the inner city of Milwaukee and as respected, community leaders. They actively supported efforts to promote racial justice during the height of the Civil Rights Movement. However, their vision went beyond the traditional sphere of civil rights concerns.
It was clear that the segregation that kept Blacks out of certain neighborhoods or jobs also affected the access to financial resources. They realized that there was great need for increased financial literacy among minorities and, even more importantly, financial empowerment. With that in mind, these two joined with other visionary thinkers to establish the first, full-service, minority owned bank in Wisconsin.
NMS Bank, which opened its doors on February 12, 1971, was the result. After nearly 40 years of operation, the institution remains a source of pride for both Pollard and Finlayson.
Pollard, a decorated World War II veteran, is a dedicated family man and healer. He considers the bank to be an important part of his legacy, one that will have an impact on future generations.
Board Chairman Emeritus Finlayson is also passionate about his association with the institution. He is proud of having broken down racial barriers within local hospitals and the medical profession in general. He views his efforts to establish and nurture the bank to be of equal significance.
Throughout its Founders’ Campaign, NMS Bank will feature advertisements, a number of events, and special promotions on bank products and services, during the next several months.