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The Stephenson National Bank And Trust

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The Stephenson National Bank And Trust

Mission statement:

We are in the business to provide quality, convenient service to our customers so that they are better off financially having dealt with us. We will project a positive, professional image; promote and enhance our communities; develop our bank employees both personally and professionally; and preserve and enhance our stockholders’ investment.

Vision:

To provide solutions to our customers’ financial needs while enhancing the quality of life in our communities.

History:

The Stephenson National Bank & Trust began 134 years ago as The Stephenson Banking Company. It was incorporated by Isaac Stephenson, on October 30, 1874 with assets totaling $25,000. Later, in 1889, the Banking Company received a federal charter and became The Stephenson National Bank.

The next major change for the bank came in 1973, when L. W. Staudenmaier applied for trust services and the bank’s name was changed to The Stephenson National Bank & Trust. In 1979, Mary L. Staudenmaier became the first woman president of the bank.

In 1998, the bank began branch expansion, the first Branch opened inside Angeli’s County Market, followed by a branch in Oconto in 2002 and another on 10th Street in Menominee that year.

Since 1874, when Isaac Stephenson formed the bank, there have only been nine bank presidents. During that time we have witnessed tremendous growth.

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