Part of the First State Bank chain · locations
First State Bank logo

First State Bank in New London, WI

No stored Google rating available.

New London, WI First State Bank at 220 W Waupaca St provides local banking and financial services for residents and businesses.

Data compiled from public sources

First State Bank Review

First State Bank's branch is located at 220 W Waupaca Street in the heart of New London, WI. This standalone facility serves the local New London community with in-person banking services during regular business hours.

The New London branch offers standard banking services including account management, deposits, withdrawals, and financial assistance. Customers should contact the location directly for current hours, specific service availability, and appointment scheduling.

For New London residents and local business owners, this branch provides convenient access to banking services. Bring a valid ID for transactions, and plan ahead for significant financial matters requiring consultation.

Services & Features

Agricultural lines of credit for farming operations
Annual scholarship program for graduating seniors
Branch and ATM locator services
Career opportunities and employment
FDIC-insured deposit accounts
Fraud alert notifications and scam prevention education
Lost and stolen card reporting
Mobile banking app with Tap2Local payment processing
Online account enrollment and password recovery
Personal checking accounts with online access
Secure online contact forms for customer inquiries
User guides and reference materials for online banking

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • FDIC-insured deposits backed by full faith and credit of U.S. Government
  • Integrated Tap2Local payment solution in mobile app—no extra hardware required for business payments
  • Dedicated agricultural lines of credit designed specifically for farming businesses
  • Active community giving programs including $1,000 annual scholarships for graduating seniors
  • Comprehensive fraud alert and education resources with real-time scam notifications
  • Modern mobile banking app with online enrollment and account management
  • Local branch and ATM network with personalized service available

Cons

  • Limited geographic presence—appears to operate only in Wisconsin, restricting accessibility for out-of-state customers
  • Website content does not detail specific checking account features, fee structures, or APY rates
  • No mention of savings accounts, CDs, investment products, or wealth management services beyond basic banking
  • Small regional bank may have fewer digital features or customer service hours compared to national competitors

State Consumer Finance Context

This is state-level context for Banks consumers in New London, WI. It does not confirm that First State Bank or this specific location is licensed.

State regulator

Wisconsin Department of Financial Institutions

Key state rules to check

  • Wisconsin has no usury cap for licensed lenders, allowing unlimited payday loan rates.
  • Payday loans are governed by the Wisconsin Consumer Act but without rate caps.
  • Licensed lenders must disclose APR and fees but are not limited by them.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does First State Bank offer?

First State Bank offers 12 services including Personal checking accounts with online access, Agricultural lines of credit for farming operations, FDIC-insured deposit accounts, Mobile banking app with Tap2Local payment processing, Online account enrollment and password recovery, and 7 more.

What profile signals are listed for First State Bank?

First State Bank has profile signals associated with Wisconsin-based farming and agricultural businesses seeking listed lending solutions, Community-oriented consumers seeking local banking with FDIC protection and personal service, Small business owners needing integrated payment processing through mobile banking, Graduating high school seniors in the bank's service area eligible for annual scholarships.

What are the strengths and weaknesses of First State Bank?

Key strengths: FDIC-insured deposits backed by full faith and credit of U.S. Government; Integrated Tap2Local payment solution in mobile app—no extra hardware required for business payments; Dedicated agricultural lines of credit designed specifically for farming businesses. Areas to consider: Limited geographic presence—appears to operate only in Wisconsin, restricting accessibility for out-of-state customers; Website content does not detail specific checking account features, fee structures, or APY rates.

How does First State Bank compare to similar companies?

In the Banks category, comparable providers include Bank Cmg, Bank of Alma, Bank of Ontario. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Founded
1911
Headquarters
New London, WI
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #15271
Visit First State Bank

CreditDoc Profile Note

Research Note on First State Bank

First State Bank is profile signals for Wisconsin residents and agricultural businesses seeking community-focused banking with FDIC protection, agricultural financing, and modern mobile features. The main caveat is its limited geographic footprint (Wisconsin only) and lack of detailed information about account features, fees, and expanded product offerings beyond basic checking and business lending.

Profile Signals

  • Wisconsin-based farming and agricultural businesses seeking listed lending solutions
  • Community-oriented consumers seeking local banking with FDIC protection and personal service
  • Small business owners needing integrated payment processing through mobile banking
  • Graduating high school seniors in the bank's service area eligible for annual scholarships
Updated 2026-05-08

Similar Companies

Bank Cmg logo

Bank Cmg

Bank CMG is a regional bank offering personal and business banking services including checking, savings, CDs, home loans, and digital banking across 10 Wisconsin locations.

BBB: NR

Profile signals: Wisconsin residents seeking community banking with competitive CD rates and multiple branch locations, Small to medium-sized businesses needing treasury management and remote deposit capture services

Bank of Alma logo

Bank of Alma

Independent community bank with four locations in Wisconsin (Alma, Pepin, Nelson, Wabasha) offering checking, savings, loans, and 24/7 online banking access.

BBB: NR

Profile signals: Wisconsin residents in Alma, Pepin, Nelson, or Wabasha seeking relationship-based community banking, Customers age 55+ interested in senior-focused banking programs and local service

Bank of Ontario logo

Bank of Ontario

Community bank serving Vernon County with checking, savings, and digital banking through Bank of Ontario and its affiliated branches Genoa State Bank and Westby State Bank.

BBB: NR

Profile signals: Vernon County residents seeking community banking relationships with local branch access, Customers who value personalized service from established community banks

Compare Your Needs With First State Bank

Answer 3 quick questions to review category, service, and profile context.

1. What's your primary financial goal?

Quick Summary

  • First State Bank is listed as a Banks provider in New London, WI on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

Financial Wellness Guides

Affiliate Disclosure: CreditDoc may earn a commission when you click links to First State Bank and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.