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Mound City Bank

Mission statement:

The mission of Mound City Bank is to be the premier provider of quality financial services to our market area on a foundation of integrity and confidentiality. We strive to reach a high level of financial performance with a strong commitment to safety and soundness of assets, earnings and growth for shareholders, excellence in meeting customer needs, the well being of our employees, and service to our communities.

History:

Mound City Bank began operations as a state-chartered bank on February 18, 1915 in Platteville, Wisconsin. The founders of the bank mirrored the 4,500 residents of the City of Platteville, representing both farming and business interests. Their fierce independence and commitment to community remains the cornerstone of the bank's philosophy even today. In 1935, Mound City Bank established a branch in Belmont, WI in order to expand the bank's credit and deposit service area. Full financial services are still provided today through the Belmont office. The Cuba City, Wisconsin branch was acquired in 1992 and allowed the bank to provide more convenient full service banking to the Southern portion of our market area. Deposits at the Cuba City branch office have more than quadrupled since its opening in 1992. In 1995, the bank constructed a new motor branch directly across the street from its main office in Platteville. The new motor branch offers convenient drive-up banking, drive-up ATM services, a full-service lobby, lending offices and a community room. The bank completed construction and remodeling of the main office in 1996, doubling its previous size and affording the bank the space it needed to provide new and non-traditional banking services to its ever-growing customer base. Today MCB Online Banking allows for 24 x 7 internet access from anywhere in the world. MCB Online Banking customers can view their account, transfer money from account to account, and pay bills conveniently from their home or office. Convenient 24-hour telephone banking continues to grow in customer usage.

In 1997, Mound City Bank shareholders approved the formation of Mound City Financial Services, Inc., a one-bank holding company. The holding company formation increases the bank's options for continued growth and expansion of its current products and services as well as the development of new non-traditional products, and the expansion of its market area. A Mount Horeb branch location was established in 2007 along with a Mineral Point branch location in 2008 to provide market share growth along the Hwy 151 corridor.

Mound City Bank has come a long way from its humble beginnings as a $55,000 total asset bank in 1915. Today with assets of over $230 million, five full-service offices and over 62 full-time equivalent employees, we are proud to proclaim ourselves the premiere provider of financial services in Southwest Wisconsin.

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