Cleveland State Bank

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Summary

company sizeCompany size 11-50
Cleveland, Wisconsin, United States

In early 1907, a group of Cleveland area citizens first realized the need for a bank. August Erdmann’s Hall was the location for a special meeting called on May 1, 1907. After the banking business was fully explained and discussed, the community members in attendance began their subscriptions for the necessary $15,000.00 of capital stock. The first new bank facility was occupied in 1911 and remained the home of the Cleveland State Bank until 1959, at which time the building sold for $4,500.

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Commercial Banks

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Recent News & Articles

22 Apr, 2022
Market Share is Moving to FinTechs and Digital Banks

Younger banking customers are making a decided move away from megabanks like Bank of America, JPMorgan Chase, and Wells Fargo for digital banks and fintechs like Chime, PayPal, and Square, according to research done by Cornerstone Advisors.