After raising $16,000 from local merchants, farmers and individuals the original founders of State Bank of Reeseville L.J. Bennett, F.J. Venie and A.C. Baker met to elect the first officers of the bank. F.J. Venie was elected President and M.F. Venie Vice President. The Certificate of Incorporation was dated September 18, 1902 with the first day of business commencing on October 1, 1902.
During this same time the Village of Reeseville supported two community banks. On May 15, 1930 the State Bank of Reeseville approved the purchase of the Peoples State Bank of Reeseville, which was finalized on December 20, 1930.
Thanks to the ongoing encouragement and support of customers, the bank continued to grow and prosper until 1932 when our country entered the “Great Depression”. On August 20, 1932 the State Banking Department advised the bank’s shareholders to sign voluntary assessments, which they all did, and in just two days the bank re-opened for business.
The Board of Directors met and on November 24, 1933 resolved to become a member of the newly formed Federal Deposit Insurance Corporation (FDIC) fund which has become permanent with the bank’s customers deposits remaining insured as defined under present day eligibility.
Our nation recovered from the effects of the depression as did the State Bank of Reeseville. We continued to expand our staff and our bank products and services.
In January 1961 G W “Jerry” Yerges joined the bank and led the bank in new directions. The bank acquired Clyman State Bank and established an office in Watertown. Jerry served as President & CEO of the bank and retired 8/31/2007. He is presently a Board Member.
Jerry L. Adams, an experienced community banker, joined the bank in 2007 as President & CEO and is a Board Member. Under his leadership the bank continues to expand its product offerings by adding e-banking services.
As we celebrate our 110th Anniversary in 2012
, it is appropriate to look back to the principles and ideals of our founders. Their vision was to establish a locally owned and managed bank that provided the best possible financial solutions and services in the most courteous, professional manner. Your Board of Directors, Officers and Staff Members share this same vision today.
We have become the community bank of choice for thousands of area residents because we have the financial solutions they need and want, the experienced professionals they know and trust and our staff members provide the personal attention they deserve.
customers enjoy that rare combination of “high touch” and “high tech”. Our staff is always glad to visit with customers about a financial question or concern – and for those who prefer, we have the latest in banking technology available for both personal and business customers.
We are proud to call Reeseville and Watertown “home” and proud to be rated a 5-Star Bank by Bauer Financial, Inc.
, a nationwide bank rating service.
Jerry L. Adams
Robert D. Kohn
John E. Leistico
Scott E. Lenius
George L. Neuberger, Jr.
G. W. Yerges
President & CEO - Jerry L. Adams
Vice President - Renee E. Maas
Operations Officer/Cashier - Debra L. Polsin
Assistant Cashier - Dana M. Schultz
Co-IT / Security & CRA Officer – Ken P. Gibson
Executive Assistant/HR Coordinator/Marketing - Jayne K. Adams
Personal Banker - Stephanie N. Fendt
Personal Banker - Justin M. Pratt
Loan Associate - Samantha J. Hoffman
Loan Associate – Michelle L. Wolff
Customer Service Representative/Data Processor - Pamela A. Leistico
Customer Service Representative - Barb A. Buss
Customer Service Representative – April M. Kurtz
Customer Service Representative - Deborah J. Sell