News from the State Bank of Cross Plains
State Bank of Cross Plains Hires New Mortgage Loan Officer
VERONA/MT. HOREB, Wis. – State Bank of Cross Plains, a full-service community bank celebrating 100 years of service, has hired Judy Babler as Mortgage Loan Officer for their Verona and Mt. Horeb offices.
Judy Babler has an extensive background in mortgage lending and banking. Prior to her employment at the State Bank of Cross Plains, she worked for Great Wisconsin Credit Union and Amcore Bank. In her current role, she will be responsible for developing new mortgage relationships for the State Bank of Cross Plains-Verona and Mt. Horeb offices. Judy and her family currently reside in New Glarus.
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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State Bank of Cross Plains Hires New Mortgage Loan Officer
WAUNAKEE, Wis. – State Bank of Cross Plains, a full-service community bank celebrating 100 years of service, has hired Corey R. Randl as Mortgage Loan Officer for their Waunakee office
Corey R. Randl has an extensive background in real estate and building. Prior to his employment at the State Bank of Cross Plains, he worked for First Weber Group, Inc. for four years. He also previously worked as a sales representative in the modular home industry. Corey is excited for the opportunity of becoming involved with the financing side of the real estate transaction. In his current role, he will be responsible for developing new mortgage relationships for the State Bank of Cross Plains-Waunakee. Corey and his wife Danielle currently reside in Cottage Grove.
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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Your Bank Accounts Are Safe
CROSS PLAINS, Wis. - In the wake of the collapse of investment bank Bear Stearns and the subprime mortgage crisis, local bankers are getting questions about the safety of customer deposits. "While investors may want to rethink any risky investments, consumers would be wise to leave their hard-earned money in their savings and checking accounts," stated State Bank of Cross Plains President & CEO, Charlie Saeman.
Most consumers know that the Federal Deposit Insurance Corporation (FDIC) guarantees their accounts up to $100,000 in the event of a bank failure. FDIC coverage insures checking, savings, money market deposit accounts and certificates of deposit (CDs) for each depositor at every insured bank.
"But many consumers may not know that FDIC coverage can exceed $100,000 if a customer owns different types of accounts, for example, single accounts, joint accounts, revocable trust accounts or retirement accounts such as IRA's, Keoghs, and pension or profit-sharing plans," Saeman said. Federal law provides for coverage up to $250,000 for some retirement accounts. An individual with several accounts could actually have more than $1 million insured at a single bank. No funds deposited in FDIC-insured accounts have ever been lost.
"Unlike some large Wall Street firms, there is no mortgage lending crisis for Main Street Wisconsin community banks," Saeman added. Wisconsin banks continue to have strong capital levels. State Bank of Cross Plains has been serving Dane County for 100 years with convenient locations in Cross Plains, Madison, Middleton, Mt. Horeb, Oregon, Verona and Waunakee.
"Community banks use deposits to fund loans for development projects in our area that lead to new jobs and an improved quality of life," Saeman said. "When consumers bank locally, they are supporting their community economy while ensuring the safety of their funds."
For additional information on FDIC insurance, go to www.fdic.gov or call one of our service representatives.
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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State Bank of Cross Plains Hires Retail Services Manager
MADISON, Wis. - The State Bank of Cross Plains, a full-service community bank celebrating 100 years of service, has hired Steven A. Mueller as Retail Services Manager for their Madison office located at 455 County Rd M.
Mueller has over 14 years of retail banking experience, which has provided him with exceptional customer service, management expertise and significant work experience with small businesses. Prior to his employment at the State Bank of Cross Plains, he was a manager with US Bank. As the new Retail Services Manager, Steven will be responsible for managing the Madison State Bank of Cross Plains’ location. Steven, his wife and two daughters currently reside in Madison.
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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State Bank of Cross Plains Announces
100th Anniversary Coloring Contest Winners
CROSS PLAINS, Wis. - The State Bank of Cross Plains, a full service community bank in Dane County, held a 100th Anniversary Coloring Contest with second grade classes at various local schools. Eight different second graders won $50 Savings Bonds. The winners included:
- Park Elementary School (Cross Plains) – Kyle Cowling
- St. Francis Catholic School (Cross Plains) – Leah Thompson
- Sunset Ridge Elementary School (Middleton) – Leta Landucci
- West Middleton Elementary School (Middleton) – Aubrey Karls Niehaus
- Mt. Horeb Primary Center (Mt. Horeb) – Kylie Littel
- Country View School (Verona) – Ally Kudinger
- Core Knowledge Charter School (Verona) - Chandler Bainbridge
- Prairie Elementary School (Waunakee) – Nicole Pasinato
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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State Bank of Cross Plains Holds 100th Anniversary Commemoration Ceremony
CROSS PLAINS, Wis. – State Bank of Cross Plains, a full service community bank in Dane County, held a 100th Anniversary Commemoration Ceremony on January 23, 2008 at 8:30 a.m. The award presentation included the following special guests: Kurt Bauer, Wisconsin Banker’s Association; Daryll Lund, Community Bankers of Wisconsin; Ron Slater, Banker’s Bank; Jeff Miesen, Banker’s Bank; Senator Jon Erpenbach, 27th Senate District; Katie Crawley, Representative for Senator Russ Feingold; and Bret Watson, Representative for Tammy Baldwin.
“We are proud to announce that 2008 marks the centennial anniversary of the State Bank of Cross Plains,” stated Charlie Saeman, President & CEO. “The Directors and staff have had the great privilege to serve the financial needs of our shareholders, customers and communities for the last 100 years.”
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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State Bank of Cross Plains Hires and Promotes Trust Officers
MADISON, WI – The State Bank of Cross Plains, a full service community bank with nine Dane County locations, has hired Rob Wolfe as Vice President and Trust Officer and promoted Mark Drachenberg to Vice President and Trust Officer for their Trust and Asset Management Division
Wolfe has previous experience in investment management and client relationships as a result of his role as Investment Executive at PaineWebber, Inc. He was most recently the Director of Business Development for Landgraf Construction, Inc. and prior to that, was also the owner of The Bread Barn in Madison. Rob’s primary role will be to develop new client and business relationships throughout Dane County and the surrounding areas. He will maintain an office in Waunakee, but will be available at all bank locations. Rob has been a lifelong resident of Madison, and he and his family currently reside in Madison
Drachenberg started his career with the State Bank of Cross Plains in 2004 as Assistant Vice President and Trust Officer. Over the past few years, he has taken on ever-increasing roles and responsibilities and currently manages over $100 million in client assets. With his new title of Vice President and Trust Officer, he will continue to manage accounts, build new client relationships in the Madison area, and become increasingly responsible for leading the department’s investment function. He is located at the State Bank-Madison Office, and he and his family currently live in Middleton.
The State Bank of Cross Plains’ Trust and Asset Management Division currently manages client assets of $172 million and offers a complete range of investment and asset management services for individuals, organizations and businesses. Other services include trustee services, estate settlement, guardianships, as well as qualified and retirement plans. They are a division of the State Bank of Cross Plains, a $646 million bank established in 1908, offering a full range of retail and commercial services including consumer, real estate and commercial lending. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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State Bank of Cross Plains Raises Money for Make A Wish® Foundation
CROSS PLAINS, Wis. – The State Bank of Cross Plains, a full-service community bank with nine offices in Dane County, raised $5,801.78 for the Make A Wish® Foundation at their November 9th Brat Sale and their November 16th Craft & Bake Sale.
The State Bank of Cross Plains chose the Make A Wish® Foundation in honor of their employee Denise Callahan’s son, Sean. Their family has been working with this wonderful organization for the last two months to make a wish come true for Sean.
Sean is a 17-year-old junior at Middleton High School. When Sean was 5-years-old, he was diagnosed with Duchene’s Muscular Dystrophy. Sean’s wish is to meet Packer Quarterback Brett Favre, and he recently found out that his wish will come true on December 6, 2007.
The State Bank of Cross Plains, a $646 million bank established in 1908, offers a full range of retail and commercial services including consumer, real estate, and commercial lending, as well as investment, trust and asset management services. There are currently nine convenient locations, which include Cross Plains Main, Cross Plains Motor, Madison, Middleton East, Middleton West, Mt. Horeb, Oregon, Verona and Waunakee.
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