Coulee Bank is headquartered in LA CROSSE and is the 59th largest bank in the state of Wisconsin. It is also the 1,661st largest bank in the nation. It was established in 1961 and as of March of 2023, it had grown to 91 employees at 9 locations. Coulee Bank has a B+ health rating.
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Recommend Reward Checking
My wife and I have had Reward Checking accounts at Coulee for years. We are very satisfied. I recommend them highly. On a few occasions I found they would not count some on-line transaction I had made, but I stopped making such a transaction and all my others have always gone through, whether credit or debit. If you live in their service area, I recommend them highly. (When we no l longer were within their customer area, they allowed us to keep our accounts.)
They Know What They Are Doing
This institution performed well when I needed a wiretransfer. They understand what a domestic intermediary bank is and how to execute instructions correctly. Unlike some institutions, Collee did not attempt to charge for foreign wire because ultimate payee was foreign. I deal with many banks and am happy with this institutes service. I never have problem reaching live persons. 2.55% interest is not bad either. I recommend Collee Bank.
As A Former Employee.....
Wow.. I'm surprised & yet delighted to have come across this banking blog/website. Unfortunately, all of the above postings about Coulee Bank's negative image are pretty much true. Because so many people have either left or been fired this past year, I'm comfortable to now confirm as a past employee that this place is terrible. They:
Openly threatened to give co-workers a "bad recommendation" for quitting/looking for a better job. La Crosse supervisor (for all branches) significantly cut back weekly hours for "FULL" time and part time workers without explanation – typical. Deny any benefits for part time workers (basic health insurance, vacation, sick time, 401K) - NOTHING Used personal feelings and emotions while calculating "worthless" quarterly bonuses for employees. Still today has a shortage of employees….. Too many long lines for customers – very true, no doubt. Onalaska VP has yelled at employees to the point of crying... "They are always right, you're always wrong." Head of human resources is useless-- any complaint/request/concern in the workplace is not kept secret and turned over to management. AKA: You can't stand up for yourself if there is a workplace issue and have an ally in management at Coulee Bank. The head of HR is pointless - she serves the wants of anything management says and has even threatened employees to "shut up or leave." This is just a short list of how Coulee Bank and their poor treatment of employees. Fortunately I'm no longer in the LAX area and feel okay posting about this. This is real, this is serious, and this is everyday life for workers at Coulee Bank. When shopping for banks, please consider the corporate friendliness and working conditions for bank’s employees. As a first hand witness, I strongly suggest choosing a different local community bank in La Crosse or credit union. SHAME ON COULEE BANK!
Employee Rates Bank
I just finished reading some of the posts regarding employees....I have been an employee for a year and a half or so. I have not witnessed the things posted, but I think most work places have some good and some bad. I thought I would share my experience being an employee here. When I bring a concern, be it personal or work related, I'm listened to and when I have needed to change my work hours around, they have been very flexible. I feel like I matter here to the management. I'm part time and don't expect full time benefits but still do get some perks that are offered to all employees. I enjoy most of my co-workers and feel like we all work hard and are also willing to pitch in when there is a gap of an employee or a project that is taking a lot of time and effort. Last but not least, the Human Resource person is excellent. The last thing I would of ever said is "they are worthless." It's guite the opposite, in fact.
Data as of Q1 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18361 |
| Year Established | 1961 |
| Employees | 91 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 6.11% |
| Annual Interest Income | $6.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2023vs Q1 2022 | $540.7MM$495.5MM |
| Loans | Q1 2023vs Q1 2022 | $437.6MM$382.2MM |
| Deposits | Q1 2023vs Q1 2022 | $431.9MM$421.8MM |
| Equity Capital | Q1 2023vs Q1 2022 | $39.7MM$33.8MM |
| Loan Loss Allowance | Q1 2023vs Q1 2022 | $4.6MM$4.4MM |
| Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $1.3MM$1.6MM |
| Real Estate Owned | Q1 2023vs Q1 2022 | $0$0 |