About Us

Community Partner Since 1927

Our History

The Equitable Bank’s history started over 100 years ago, when a hard-working German immigrant, fled the Chicago fire and came to Milwaukee looking for work. In 1878, Charles Pittelkow started his own insurance business with the focus of helping fellow immigrants buy homes. People brought their savings to “Honest Uncle Charlie,” as he was known, for safe keeping until they saved enough to buy steamship tickets to bring their loved ones to America. In turn, the money deposited allowed Charlie to provide mortgage loans so people could realize the dream of owning their own home.

Equitable continued to be a family run business for many years. In the mid-nineteen twenties, Charles’s son R.J. became president, expanded the lending portion of the business and on May 24, 1927, The Equitable Savings Building and Loan Association was formed. In 1941 Robert C. Pittelkow, son of R.J., became president. Then in 1982 Robert’s son Charles R. Pittelkow, succeeded him as president. Charles remains the Chairman of the Board today.

In December of 2002, John Matter became President and Chief Operating Officer and was promoted again in 2004 to Chief Executive Officer. John has been an employee of the bank since 1980 in various roles. Together with the executive team, John has led The Equitable Bank to become one of Milwaukee's leading community banks.

The Equitable Bank’s primary purpose today is the same as it was in 1900’s – helping people buy their own home and being a trusted place for people to save their hard earned money.

Being A Mutual

Equitable is a full-service community bank but at its core, it is a mutual savings bank. Being a mutual means that we operate for the benefit of our depositors. We are built on pledged deposits that enable us to lend at competitive rates.

What does that mean for our customers and our community? As a mutual, we can concentrate on the long-term needs of the community and our customers without worrying about short-term returns. We are committed to the financial health of our customers and community. Being a mutual allows us to remain focused on our original goal - homeownership and wealth accumulations for our customers.


Since our founding in 1927, employees have been the main reason for The Equitable Bank’s success. We are an Equal Opportunity Employer and we offer competitive salaries, excellent benefits and the opportunity for career advancement. If you are customer-oriented, enjoy working with people, take pride in your work and want to work for an organization you can believe in, we invite you to become part of The Equitable Bank team.

View Current Openings on Milwaukee Jobs

Click here to print an Employment Application, and mail or fax your resume and salary requirements to:

Human Resources Department
The Equitable Bank
2290 N. Mayfair Road
Wauwatosa, WI 53226
Fax: 414.777.4148

The Equitable Bank is an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants without regard to race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws.



Online Services

Access your account beyond the branch when you sign up for The Equitable Bank's convenient online services. Save time, save money and save the environment.

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