Greenwoods State Bank is headquartered in LAKE MILLS and is the 53rd largest bank in the state of Wisconsin. It is also the 1,556th largest bank in the nation. It was established in 1883 and as of June of 2023, it had grown to 101 employees at 9 locations. Greenwoods State Bank's money market rates are 4X the national average, and it has an A health rating.
The Evansville branch is terrible. We tried to work with them a few years ago to refinance our home, and the loan officer would never call us back. I had to personally go to the branch and get all of the documents we had given him back. He just handed me the folder and did not say a word. Just went back to cash a check from one of their customers. I am not a customer, and the check was payable to my husband who signed it to me. They took my info (ss # & DL) asked me what the check was for, called the check writer and told him I was there to cash it, which he approved, got the cash out, and then declined to cash it since it was a "3rd party check". They needed my husband there with his ID. He was working, so I called him and he came to the bank on his way home and we went in together. Finally got the cash after wasting all that time with me! If they can't cash it for me, why not tell me up front? Also, why do they need my SS#? They had my ID. BAD BUSINESS!!! They have low ratings almost everywhere I looked. Even indeed says they are not good to work for! STAY AWAY!
|FDIC Certificate #||11623|
|Return on Assets - YTD||1.01%|
|Return on Equity - YTD||9.3%|
|Annual Interest Income||$16.7MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$576.1MM$522.0MM|
|Loans||Q2 2023vs Q2 2022||$469.8MM$416.0MM|
|Deposits||Q2 2023vs Q2 2022||$485.3MM$442.6MM|
|Equity Capital||Q2 2023vs Q2 2022||$61.6MM$56.9MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$6.3MM$5.0MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$4.0MM$3.4MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
|APY||MIN||MAX||ACCOUNT NAME||VIEW DETAILS|
|1.75%*||$750k*||-||Forward Money Market (Personal)|
|OTHER TIERS: 0.30% → Up to $50k | 0.65% → $50k - $100k | 1.00% → $100k - $250k | 1.40% → $250k - $750k|
|1.75%*||$750k*||-||Partner Business Money Market (Business)|
|OTHER TIERS: 0.15% → Up to $10k | 0.20% → $10k - $25k | 0.30% → $25k - $50k | 0.65% → $50k - $100k | 1.00% → $100k+ | 1.40% → $250k - $750k|
|Albany Branch||102 West Main Street||Albany, WI 53502|
|Burlington Branch||241 E. Jefferson Street||Burlington, WI 53105|
|Darlington Branch||15815 Highway 81||Darlington, WI 53530|
|Evansville Branch||12 J. Lendemann Drive||Evansville, WI 53536|
|Lake Geneva Branches|
|Frsb - Lake Geneva Branch||500 Interchange North Suite 1||Lake Geneva, WI 53147|
|Lake Mills Branches|
|The Greenwood's State Bank||365 W Tyranena Park Rd||Lake Mills, WI 53551|
|Lake Mills Branch||300 East Lake Street||Lake Mills, WI 53551|
|Monroe Branch||101 7-1/2 Street||Monroe, WI 53566|
|Coates Avenue Facility||401 West Coates Avenue||Monticello, WI 53570|
|Waukesha Branch||3212 Fiddlers Creek Drive||Waukesha, WI 53188|