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The Greenwood's State Bank

FDIC #11623 📍 Lake Mills, Wisconsin

The Greenwood's State Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 10/22/1883. With assets of $584.02 Million, it operates 10 domestic branches.

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Community Reinvestment Act (CRA) Rating
Latest Exam: May 1, 2023
Satisfactory
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.

Rating History

May 1, 2023
Satisfactory
September 1, 2017
Satisfactory
February 1, 2012
Satisfactory
October 1, 2010
Needs to Improve
April 1, 2005
Satisfactory
February 1, 2000
Outstanding
July 1, 1997
Satisfactory
November 1, 1994
Satisfactory
September 1, 1991
Satisfactory
💰 Financial Strength
Total Assets$584.02 Million
Total Deposits$491.97 Million
Equity Capital$61.46 Million
Net Income$3.64 Million
📈 Performance
ROA0.83%
ROE7.68%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📞 Contact & Location
Address365 W Tyranena Park Rd
Lake Mills, Wisconsin 53551
📋 Corporate Structure
Established10/22/1883
FDIC Cert11623
Holding CoGreenwoods Financial Group Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:30 AM - 5:00 PM
Tuesday8:30 AM - 5:00 PM
Wednesday8:30 AM - 5:00 PM
Thursday8:30 AM - 5:00 PM
Friday8:30 AM - 5:00 PM
Saturday8:00 AM - 1:00 PM
SundayClosed

📜 Institutional History

2021
Relocation
Moved HQ to: 365 West Tyranena Park Road, Lake Mills, WI 53551.
2019
Merger / Acquisition
Acquired: Fox River State Bank
2019
Name Change
Name became: Changed Institution Name To The Greenwood's State Bank.
2018
Relocation
Moved HQ to: 123 North Main Street, Lake Mills, WI 53551.
2013
Merger / Acquisition
Acquired: Bank Of Monticello

📍 Branch Locations (10)

Albany Branch
102 W Main St
Albany, Wisconsin 53502
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Burlington Branch
241 E Jefferson St
Burlington, Wisconsin 53105
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Evansville Branch
12 J Lindemann Dr
Evansville, Wisconsin 53536
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Lake Geneva Branch
500 Interchange N
Lake Geneva, Wisconsin 53147
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Lake Mills Branch
300 E Lake St
Lake Mills, Wisconsin 53551
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Lake Mills Branch
365 W Tyranena Park Rd
Lake Mills, Wisconsin 53551
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The Greenwood's State Bank
8020 Excelsior Dr
Madison, Wisconsin 53717
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Monroe Branch
101 7 1/2 St
Monroe, Wisconsin 53566
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Coates Avenue Facility
401 W Coates Ave
Monticello, Wisconsin 53570
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Fiddlers Creek Branch
3212 Fiddlers Creek Dr
Waukesha, Wisconsin 53188
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