Union State Bank, Financial Information

Terms and Definitions

• Domestic deposits

  The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
• Equity capital

  Total equity capital (includes preferred and common stock, surplus and undivided profits).
• ROA

  Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
• ROE

  Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The West Salem State Bank was incorporated August 3, 1903 as a private corporation with George D. Sprain as President and W.I. Van Zandt as Vice President. The La Crosse County Bank was incorporated on August 23, 1903. The West Salem State Bank and the La Crosse County Bank merged on October 12, 1932 and became Union State Bank of West Salem.

The Bank was located at 130 South Leonard Street in West Salem until the spring of 1971 when it moved to a new building at 120 South Mill Street– one block east of the old location. The bank's Union Station branch at the intersection of County Hwy. M. and US Hwy. 16 was constructed and opened on June 3, 2003.

Union State Bank of West Salem is a community-owned bank whose mission is to provide community with quality financial services to meet present and future personal, family and business needs.

Downtown
120 S. Mill Street
PO Box 870
West Salem, WI 54669
Phone: (608) 786-0600
Fax: (608) 786-0603 (fax)

HWY 16 & County M
Hwy. 16 & County M
PO Box 870
West Salem. WI 54669
Phone: (608) 786-6200
Fax: (608) 786-6203