Settlers Bank

Overview / Commentary
4021 Meridian Drive
Windsor, WI 53598

Settlers Bank is headquartered in WINDSOR and is the 74th largest bank in the state of Wisconsin. It is also the 2,107th largest bank in the nation. It was established in 2007 and as of March of 2023, it had grown to 43 employees at 3 locations. Settlers Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #58651
Year Established2007
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD7.15%
Annual Interest Income$5.1MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$382.7MM$327.9MM
LoansQ1 2023vs Q1 2022$342.0MM$289.4MM
DepositsQ1 2023vs Q1 2022$288.0MM$243.6MM
Equity CapitalQ1 2023vs Q1 2022$43.2MM$39.2MM
Loan Loss AllowanceQ1 2023vs Q1 2022$8.2MM$8.2MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$477.00K$127.00K
Real Estate OwnedQ1 2023vs Q1 2022$0$0

Rates for Settlers Bank are currently being reviewed.


Settlers Bank Locations
Settlers Bank4021 Meridian DrDeforest, WI 53532
Madison Branch8010 Excelsior DriveMadison, WI 53717
Appleton Branch4321 W. College AvenueAppleton, WI 54914

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