The Equitable Bank

The Equitable Bank’s rich history spans over a century, rooted in the hard work and determination of a German immigrant who fled the devastation of the Chicago fire to seek new opportunities in Milwaukee. In 1878, Charles Pittelkow embarked on an entrepreneurial journey, founding an insurance business with a noble mission: to assist fellow immigrants in achieving their dreams of homeownership. Affectionately known as “Honest Uncle Charlie,” he became a trusted custodian of their savings, helping them bring loved ones to America and providing mortgage loans to make owning a home a reality.

Throughout the decades, Equitable remained steadfastly rooted in family values. In the mid-1920s, Charles’s son R.J. assumed the presidency, expanding lending operations and officially establishing The Equitable Savings Building and Loan Association on May 24, 1927. Leadership passed down through generations, with Robert C. Pittelkow succeeding his father as president in 1941, followed by Charles R. Pittelkow in 1982. Charles R. Pittelkow continues to serve as Emeritus Director on the Board.