The Benton State Bank

541538

42 West Main Street, Benton, WI, 53803  

The Benton State Bank obtained a State Charter on October 19, 1894 and opened for business on December 3, 1894. Shullsburg Community Bank, A Branch of Benton State Bank was opened June 12, 1997 at 195 Hwy 11, Shullsburg WI. BSB Community Bancorporation, Inc. is the parent company of Benton State Bank, formed in 2000.


The Benton State Bank obtained a State Charter on October 19, 1894 and opened for business on December 3, 1894. Shullsburg Community Bank, A Branch of Benton State Bank was opened June 12, 1997 at 195 Hwy 11, Shullsburg WI. BSB Community Bancorporation, Inc. is the parent company of Benton State Bank, formed in 2000. This holding company was established to provide additional benefits to the shareholders and community. The Board believes that the formation of the holding company offers opportunities to the Bank to compete more effectively and to expand its services in type, number, and geographical scope. Tennyson Potosi Community Bank, A Branch of Benton State Bank opened for business at 338 Hwy 61 S, Potosi WI on January 10, 2005. BSB Community Bancorporation, Inc. then acquired part interest in Woodworth Insurance Group, Inc. during 2006, followed by a conversion to a Sub Chapter S Corporation the following year, 2007. BSB Community Bancorporation Inc, purchased remaining interest in Woodworth Insurance Group, Inc. during 2010 and later changed the name to Priority Insurance Agency, Inc. during 2013. Also during 2010, Security LLC was formed between BSB Community Bancorporation, Inc. and a private owner for the purchase of property located at 34 W. Main St. This building is home to Village of Benton Police Department and Priority Insurance Agency, Inc.


LENDING PROFILE

The Benton State Bank arranges the following loan types:
  • RESIDENTIAL: Hard Money , Construction loans , HELOC
  • COMMERCIAL: Hard Money , Construction , Portfolio
  • LAND: Hard Money , Construction
Lending territories: WI

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