Bank History | Locations
INDEPENDENCE STATE BANK
History of Beginning-1897 to current
The Independence State Bank opened on April 3, 1897 in Independence, WI as the
Bank of Independence. At the end of that day deposits totaled $57. The first
was Father Babinski. Anton Senty and John Sprecher were the owners of the Bank
with initial capital of $10,000. Deposits are now in excess of $55
million and capital is $5.1 million. The late Lester Senty, son of Anton, was
the last family
member to be the Bank’s President. His spouse, Emogene Senty, owned the
Bank until her passing in January 2007. The Senty family
remains the Bank’s owner and its independent ownership will remain
in the future.
The Independence State Bank opened
its Elk Mound site in January, 1999. Jean Tworek, Assistant Vice President, is the Elk Mound
The Independence State Bank expanded its Elk Mound facility in
2004. On October 30, 2006, the main office in Independence moved into a new
building on the old Independence High School land. The Lake Hallie
office was opened in November 2006.
Now over 110 years old, the management policy of
the Bank continues to be the same as
that of the founders, which is to help in the growth and prosperity of
Dennis Meyer has been the President/CEO of the Bank since June, 2008 and Lori Sobotta is the
Senior Vice President/CFO.