Bank · FDIC insured
Independence State Bank
A $84.2M bank headquartered in Independence, WI, with 3 branches in Wisconsin.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Savings: only special-purpose accounts (IRA, youth) are published. Auto loans: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all). Credit cards: no rates found on its website.
- Savings—5.30%Needs another account or monthly activitySavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Independence State Bank
Independence State Bank opened in Independence, Wisconsin on April 3, 1897 as the Bank of Independence, later operating as State Bank of Independence before adopting its current name in 1998.
Founded by Anton Senty and John Sprecher, the bank remains under the independent ownership of the Senty family.
The bank expanded by opening its Elk Mound branch in 1999, moving its Independence main office in 2006, and opening a Lake Hallie office in November 2006.
- Headquarters
- 23942 Senty Dr, Independence, WI 54747
- FDIC certificate
- 10741 ↗
Branches
3 branches in Wisconsin
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Wisconsin
3 branches
Independence area · 1
- Independence State BankMain office23942 Senty Dr, Independence, WI 54747Directions
Chippewa Falls area · 1
- Chippewa Falls Branch2495 Commercial Blvd, Chippewa Falls, WI 54729Directions
Elk Mound area · 1
- Elk Mound Branch401 E Menomonie St, Elk Mound, WI 54739Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 10.38% | 12.77% | 16.04% or more |
| Troubled loansNoncurrent | 0.00% | 0.46% | 0.00% or less |
| ProfitabilityReturn on assets | 1.20% | 0.99% | 1.52% or more |
| LendingLoans per $100 deposited | $91 | $67 | — |
- CapitalLeverage ratio10.38%Peers’ middle 12.77% · Top 25% 16.04%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.46% · Top 25% ≤0.00%
- ProfitabilityReturn on assets1.20%Peers’ middle 0.99% · Top 25% 1.52%+
- LendingLoans per $100 deposited$91Peers’ middle $67
Compared with the 546 banks with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Independence State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.