Florence bank receives award

FLORENCE, Wis. -?The State Bank of Florence has received the 2014 Wisconsin SBA Volume Lender Award for the most SBA loan approvals made in the State of Wisconsin for banks that have assets between $50 million and $100 million. This is the second time the bank has been recognized for helping small businesses obtain loans to grow their business.

“We are proud to receive this award because small businesses and community banks have always worked together to grow local economies Partnering with small businesses is at the core of what we do,” said Tom Wittkopf Jr., bank president and CEO.

State Bank of Florence employee Dave Stohl (vice president) accepted the award at the Wisconsin SBA Lenders Conference in Wisconsin Dells in May.

The State Bank of Florence is a community bank in North/Northeast Wisconsin. As an SBA lender, the State Bank of Florence is able to offer financial solutions to start-up and existing businesses that other banks may not offer. As a locally owned community bank, the State Bank of Florence makes decisions and approves loans locally.

State Bank of Florence, established in 1891, is headquartered in Florence, Wis., with branch locations in Aurora, Wausaukee, and Eagle River. They offer a full array of banking products and services, as well as consumer and business loans.


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