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Home > Business Center > Business Lending > Commercial Lending People
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Kurt E. Andrae
Vice President - Sr. Commercial Loan Officer
Kurt E. Andrae joined WaterStone Bank, SSB in October, 2009, taking on the role
of Vice President and Commercial Real Estate Division Head. He brings more than
15 years of experience in the financial industry.
Prior to joining WaterStone Bank, Kurt held the position of President and CEO of
the former First Wisconsin Bank & Trust in Brookfield, Wisconsin (2006-2008). Kurt
started his banking career as a Loan Officer in the Real Estate Division of Boulevard
Bank (now US Bank) in Chicago. Kurt then worked at LaSalle Bank for over nine years,
most recently as Senior Vice President of the Real Estate Division where he oversaw
the management, growth, and marketing of their Wisconsin office.
Andrae received his Bachelor’s Degree in Finance from the University of Wisconsin-Whitewater.
In addition, he earned his Master of Business Administration in Real Estate, Marketing
and Organizational Behavior from the JL Kellogg Graduate School of Management at
Northwestern University in Evanston, Illinois.
In addition to his experience in the banking industry, Andrae is also recognized
as an expert in the field of conservation development for his work with Red Wing
Land Company. Andrae formed Red Wing in 2003 and permanently preserved over 300
acres of land as open space since the company’s inception.
As a vested member of the community, Andrae serves on the Board of Directors for
the UW-Whitewater Foundation. He has also endowed the Dominguez Scholarship at the
UW-Whitewater which is awarded to outstanding students who have an emphasis in Economics.
He also serves on the Advisory Boards of the College of Business of UW-Whitewater,
Natural Resources Consulting, Inc. and Land Choices.
Email 
414-459-4566
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Kenneth A. Snyder
Vice President - Sr. Commercial Loan Officer
Ken Snyder has served as Vice President of WaterStone Bank since 1998. He has held
his current position as Senior Commercial Loan Officer since 2006. Prior to his
move into the commercial real estate department, Ken was the Head of the Lending
Division where he oversaw the mortgage origination, loan processing, post-closing,
and mortgage servicing departments.
Snyder began his banking career in 1986 as a teller at the Oak Creek office. Shortly
thereafter, he was promoted to positions in the mortgage servicing department and
the delinquent loans department. He joined the lending department in 1990 as a mortgage
loan officer. In 1994, he was promoted to Oak Creek Branch Manager and Assistant
Vice President.
Snyder is active in community and professional organizations including Kiwanis,
the Greater Milwaukee Association of Realtors, and the Metropolitan Builders Association.
Email 
414-459-4567
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Brian T. DeLorenzo
Assistant Vice President - Commercial Loan Officer
Brian DeLorenzo was promoted to Assistant Vice President for WaterStone Bank in
November 2006. Brian joined the bank in August 1992 as a Savings Representative,
and he transferred to the Delinquent Loan Department in 1997. He was promoted to
Loan Officer in 2002, and Brian has held his current position of Commercial Loan
Officer since 2005.
DeLorenzo is currently a member of the Charitable Contributions Committee with WaterStone
Bank. He is also a member of the Waukesha Noon Lions Club, where he has participated
in the Shrimp Boil Fundraiser and the Chicken Barbeque for the Lion's Club.
Brian has also been the host of the MACC Fund Fundraiser since 1999. As the host,
he organizes and executes the entire fundraiser that has raised over $60,000 since
Brian took the lead.
Email 
414-459-4568
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