3 starsAverage User Rating:
Based on 2 user reviews.

Coulee Bank

Coulee Bank Locations
1516 Losey Boulevard South
La Crosse, WI 54601
608-784-9550
www.couleebank.net



Coulee Bank is headquartered in La Crosse and is the 72nd largest bank in the state of Wisconsin. It is also the 2,322nd largest bank in the nation. It was established in 1961 and as of September of 2011, it had grown to 46 employees at 5 locations. Coulee Bank has a 5-star health rating.

Related Posts

Coulee Bank rate cut To 2.55%, Same $25K Cap. (Forum) - 6/1/2011

From their website: 2.55% Annual Percentage Yield (APY) paid on balances between $.01 and $25,000, and 0.30% APY paid on all amounts above $25,000 each cycle the minimum requirements are met. If you do not meet the requirements during a given cycle,

Updates to the List of Nationally Available Reward Checking Accounts - 1/6/2011

The list of nationally available reward checking accounts has shrunk again. Liberty Bank 's reward checking is still offering 3.01% APY on balances up to $25K (as of 1/6/11). It was one the very few n ...

High Demand of Reward Checking Accounts Forcing Banks to Reduce Availability - 12/8/2010

In the last few months we've seen several changes for the worse in many reward checking accounts. I have a few more to report. I and several readers have been reporting on these changes as they occur ...

5 Best Reward Checking Accounts Available Nationwide - Updated for November - 11/2/2010

Reward checking has been helpful in this awful interest rate environment by providing savers a way to get a little higher yield on their liquid money. Rates have held up better than internet savings a ...

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See Rates for: Checking | Savings | Money Market | IRA

Coulee Bank Checking Account Rates

ApyMinMaxProduct
2.55%-$25kRewards Checking
0.10%$100-Gold Club Checking

Coulee Bank Savings Account Rates

ApyMinMaxProduct
0.60%$15k-Health Savings
0.25%$200-Statement Savings
0.25%--Beginning Savings

Coulee Bank Money Market Rates

ApyMinMaxProduct
0.60%$50k-Money Market

Coulee Bank IRA Rates

ApyMinMaxProduct
1.00%$500-30 Month IRA
0.60%$500-18 Month IRA
0.45%$500-12 Month IRA

Rates updated: 2/8/2012

Data for Q3 2011


Institution Statistics


Coulee Bank
FDIC Certificate #18361
BankRate ReportView
Year Established1961
Employees46
Primary RegulatorFDIC

Assets and Liabilities

Assets$275.34 million
Loans$168.65 million
Deposits$209.27 million
Equity Capital$28.68 million
Loan Loss Allowance$2.36 million
Unbacked Noncurrent Loans$1.97 million
Real Estate Owned$1.48 million

Historic Data - September 2010

Assets$263.63 million
Equity Capital$26.34 million
Loan Loss Allowance$1.77 million
Unbacked Noncurrent Loans$5.24 million
Real Estate Owned$4.08 million

Profit Margin - Quarterly

Net Interest Margin3.74%
Return on Assets1.72%
Return on Equity17.55%
Interest Income$9.57 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Coulee Bank had $3.45 million in non-current loans and owned real-estate with $31.04 million in equity and loan loss allowances on hand to cover it. This gives Coulee Bank a Texas Ratio of 11.10% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Coulee Bank decreased significantly from 33.18% as of September 30, 2010 to 11.10% as of September 30, 2011, resulting in a positive change of 66.54%.This indicates that the balance sheet and financial strength for Coulee Bank has improved significantly in recent periods.
Deposit Growth5
In the past year, Coulee Bank has increased its total deposits by $15.05 million, resulting in 7.75% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Coulee Bank has shown is excellent.
Capitalization4
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Coulee Bank has $275.34 million in assets with $31.04 million in equity, resulting in a capitalization level of 11.27%, which is above average.
Write Review

This Bank Is Very Professional And Offers A Perfect Customer Service
5 stars - Anonymous - Thursday, January 14, 2010 - 3:39 PM

This bank is very professional and offers a perfect customer service.  Even if everything needs to be done on-line, you can call the bank and speak to a life and friendly person.  Since I made my deposit 9 month ago, I never had any problems, and always top customer service.  I even took money from an ATM in Chile, and I received a refund for the ATM fees. Very Good.

8

Denied Account
1 stars - LazyGuy - Thursday, March 31, 2011 - 7:57 PM

I went through all the account requirements and applied for the account online today and my application was accepted online, but later received a message saying that my account was not approved.

"Thank you for applying for our Rewards Checking Account. Coulee Bank will only accept Rewards Checking applications from those applicants residing in the states of Wisconsin, Minnesota and Iowa. Thank you for your interest in Coulee Bank", Ellen.


I am from New Jersey, but no where in the account requirements, I read about residency requirements. The online application also did not stop me from applying, I do not know why they set it up that way. Is there anything I can do about this? I feel that my credit report was unnecessarily pulled for an account that they knew were going to deny.

5