About Dairy State Bank

Dairy State Bank Logo - Banking on Relationships

Proudly Serving Wisconsin since 1952!

Monument sign reading Dairy State Bank stands in front of the location on Main Street in Rice Lake, Wisconsin.

Our story starts in 1952 when a group of local businessmen recognized the need for a second bank in Rice Lake, Wisconsin. In true community spirit, the initial capital investment for the bank was funded in part by local residents in support of the idea. A number of those same families remain owners to this day.

Soon after, our one location grew into four with the addition of offices in the communities of Haugen, Prairie Farm and Birchwood. Then, in the early 2000s, the bank expanded to the Menomonie area merging the long-standing First Bank & Trust, with over 125 years in the community and five locations, into the Dairy State Bank family. Two more locations, Cumberland and Turtle Lake, were added in 2014 and finally a new office was opened in Bloomer in the spring of 2016.

As our bank grows, so does our commitment to our customers and the services we offer. Dairy State Bank has a full array of traditional banking products, and also offers innovative electronic banking services such as mobile banking and online mortgage applications that allow our customers to bank more conveniently.

Today, more than 70 years later, with our twelve locations serving eleven communities throughout west central and northwestern Wisconsin, Dairy State Bank has grown into one of the largest, locally-owned, community banks with over $750 milllion in assets. We are committed to the communities, businesses and people we serve. Our owners and directors believe there are many advantages to remaining an independent community bank and we take pride in providing the best customer service possible.

Our Mission

“To be the preferred and trusted provider of quality financial services that enhance our customer and community relationships.”

Strong Community Support

As a community bank, our civic involvement and financial support demonstrates our belief in the strength of the communities we call home. Some of our employees belong to local civic clubs, while others volunteer at schools, community events or fundraisers. We are proud to support the communities we serve through cash donations, sponsorships, and volunteering.

The following are just some of the causes we support:

  • 4-H
  • American Cancer Society
  • American Red Cross
  • Area Chambers of Commerce
  • Area Churches
  • Area Schools
  • Big Brothers Big Sisters
  • Boy Scouts of America
  • Bridge to Hope
  • Community Festivals, Fairs & Events
  • Educational Foundations
  • Fire Fighters Fund Raisers
  • Junior Achievement
  • Local Food Pantries
  • Main Street Associations
  • Special Olympics
  • United Way & Community Foundations
  • Homeless Shelters

Community Reinvestment Act (CRA)

Under the Federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation evaluates our record of helping to meet the needs of the communities in which we operate with safe and sound practices. Your involvement is encouraged, and you are entitled to certain information about our operations and our performance under the CRA, this information is provided for you below.

You may review the information here and print paper copies if needed. If you would like hard copies of this information, you may send those requests to: Dairy State Bank, Attn: CRA Officer, 16 South Main Street, Rice Lake, WI 54868