Waukesha State Bank
- Company typePrivate
- Founded1944
- HeadquartersWaukesha, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
Waukesha State Bank firmographics
Firmographics- Name
- Waukesha State Bank
- Legal name
- Waukesha State Bank
- Website
- https://waukeshabank.com
- Company type
- Private
- Founded year
- 1944
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Waukesha State Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Finance and Insurance (52), Trusts, Estates, and Agency Accounts (52592)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Private Banking & UHNW Wealth Advisory (FSAEABAC)
- akta.pro secondary industries
- Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG), Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)
Keywords
Where Waukesha State Bank is headquartered
LocationHeadquarters
- HQ city
- Waukesha
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Waukesha State Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Interest Income: Traditional banking revenue from interest earned on loan products including personal loans, mortgages, home equity loans, business loans, and construction loans.
- Deposit Account Fees: Monthly maintenance fees on certain account types (e.g., $2/month for Regular Savings and Super Saver if minimum balance not maintained), withdrawal fees on certain accounts.
- Loan Products: Personal loans, vehicle loans, recreational vehicle loans, mortgage loans, home equity lines of credit, construction loans, lot loans, and bridge loans generate interest income.
- Wealth Management Services: Investment management, retirement planning, private banking, and trust services through affiliated divisions including Prairie Trust and Waukesha Investments.
- Business Services: Business checking accounts, savings, CDs, SBA loans, treasury management, employee benefit banking, and payroll services through Payroll Complete.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Regular Savings Account |
| Subscription | Monthly | Super Saver Account |
| Subscription | Monthly | Friendly's Club for Kids |
| Subscription | Annual | Christmas Club Account |
| Subscription | Monthly | Eagle Money Market |
| Subscription | Monthly | Health Savings Account (HSA) |
| Other | Monthly | Personal Loans |
| Other | Monthly | Construction and Lot Loans |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels8 records
Waukesha State Bank product offering
Product offeringCore offering
Waukesha State Bank is an independent community bank offering deposit accounts (checking, savings, CDs, IRAs, HSAs), consumer and commercial lending (personal loans, mortgages, home equity, construction, SBA), and fee-based services (wealth management, trust/estate planning, treasury management, payroll processing) to individuals, families, small and mid-size businesses, and high-net-worth clients in the Waukesha, Wisconsin area.
Product overview
Waukesha State Bank is a regional community bank offering a comprehensive suite of banking products and services primarily organized into three pillars: Personal Banking (checking, savings, lending, and digital banking), Business Banking (checking, loans, treasury management, SBA financing, and payroll services), and Wealth & Investing (wealth management, investment management, retirement planning, trust services, and 401(k)). The bank operates several sub-brands including Prairie Trust and Prairie Financial Group (trust and wealth services), Waukesha Investments (brokerage), and Payroll Complete (business payroll processing). Key retail deposit products include multiple savings account types such as regular savings, Super Saver, Eagle Money Market, Health Savings Accounts, CDs with terms from 1 month to 7 years, IRAs (Traditional, Roth, SEPs, SIMPLE), plus branded programs like Friendly's Club for Kids (with age tiers Nesteggs, Wings, Fliers) and Christmas Club for seasonal savings. Lending products span personal loans, home equity, mortgages, and construction/bridge loans for home building. The bank provides digital access through its VaultLink (personal) and eCorp (business) online banking platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Checking Accounts Personal checking account offerings with VaultLink online banking, debit cards, and check services for individual customers.
- Business Checking Accounts Business-oriented checking accounts using the eCorp online banking platform, with treasury management and business solutions for commercial customers.
- Personal Loans Loan products for individuals including vehicle financing (new/used cars, motorcycles, snowmobiles, ATVs, boats, RVs), debt consolidation, credit building, home improvements, travel, and overdraft protection.
- Home Equity Loans Home equity lending products allowing homeowners to borrow against their home's equity for various purposes.
- Mortgage Loans Residential mortgage financing including purchase mortgages and refinancing options.
- Lot and Construction Loans Construction financing including lot loans (as little as 10% down), new construction loans (5% down, interest-only payments during construction), and bridge loans for homeowners building new homes.
- Certificates of Deposit (CDs) Term savings products with terms from 1 month to 7 years, $500 minimum to open, with competitive rates and interest reinvestment or payment options.
- Individual Retirement Arrangements (IRAs) Retirement savings accounts including Traditional IRAs, Roth IRAs, SEPs, and SIMPLE IRAs with no account maintenance fees and FDIC insurance up to $250,000.
- Health Savings Account (HSA) Tax-advantaged health savings account with no setup or monthly maintenance fees, $1 minimum balance, tiered interest rates, and debit Mastercard access.
- SBA Loans Small Business Administration loan programs supporting business financing needs.
- Wealth Management Comprehensive wealth management services including investment management, retirement planning, private banking, and payroll plus 401(k) services.
- Prairie Trust Trust and estate planning services offered through the Prairie Financial Group division.
- Waukesha Investments Investment services division providing investment products and brokerage services to customers.
- Payroll Complete Payroll processing and services for businesses, offered as a standalone service.
- Treasury Management Cash management and treasury services for business customers including payment processing and liquidity management.
- Safe Deposit Boxes Secure storage service for customers' valuables and important documents offered at branch locations.
- Friendly's Club for Kids Children's savings program with age-based groups (Nesteggs 0-4, Wings 5-12, Fliers 13-15), featuring token rewards for deposits, birthday dollars, and member-only events. Mascot is Friendly the Eagle.
Companies that use Waukesha State Bank
Customer profileSegments5 records
Ideal customer profiles3 records
Waukesha State Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Waukesha State Bank partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- MastercardcoreWaukesha State Bank issues Mastercard debit and credit cards. Cards support contactless payments, digital wallets (Apple Pay, Google Pay, Samsung Pay), and participate in promotional programs like the Mastercard Priceless promotion offering trips and prepaid cards as prizes.
- Prairie TrustcoreAffiliated trust company under the Waukesha State Bank umbrella, providing trust services, estate planning, and wealth management. Login redirects to Prairie Financial Group.
- Payroll CompletecoreAffiliated payroll service company under the Waukesha State Bank umbrella, offering payroll processing and related services to business customers.
- Waukesha InvestmentscoreAffiliated investment services company under the Waukesha State Bank umbrella, providing investment management and brokerage services. Separate website at waukeshainvestments.com.
Scale indicators4 records
Recent moves4 records
Waukesha State Bank competitors and assessment
Company assessmentDirect peers
- PyraMax Bank, FSB: Wisconsin-based community bank offering personal and business banking products with a similar community-bank value proposition. Comparable scale and product set serving local retail and small business customers in southeastern Wisconsin.
- North Shore Bank: Headquartered in Brookfield, Wisconsin, North Shore Bank is a community bank offering personal and business banking, lending, and wealth services across multiple branches — directly comparable in geography, customer mix, and product breadth.
- Town Bank: Wisconsin community bank (Wintrust subsidiary) serving the greater Milwaukee/Waukesha corridor with personal, business, and wealth management services. Competes head-to-head with Waukesha State Bank in the same local market.
- Monona Bank: Wisconsin community bank offering deposit, lending, and wealth services to retail and small business customers. Similar independent community banking model with comparable product set and customer base.
- Settlers Bank: Wisconsin-based community bank focused on personal and small business banking with a relationship-driven service model. Comparable size, footprint, and community banking value proposition.
- Investors Community Bank: Wisconsin community bank serving consumer and business customers with deposit, lending, and treasury management products. Similar community-bank operating model within Wisconsin's competitive market.
- Nicolet National Bank: Wisconsin-headquartered community bank with a broader geographic footprint than most independents, offering personal, business, and wealth services. Comparable product mix with greater scale.
Broad incumbents
- Associated Bank: One of the largest Wisconsin-headquartered banks, offering the full suite of personal, business, commercial, and wealth services statewide. Overlaps with Waukesha State Bank across nearly every product line but at significantly greater scale.
- Wintrust Financial Corporation: Chicago-based bank holding company that owns multiple Wisconsin community bank charters (including Town Bank). Operates a community-bank franchise model that competes directly with independents like Waukesha State Bank while offering broader product capabilities.
- BMO Harris Bank: Large Midwest bank with deep Wisconsin presence offering personal, business, mortgage, and wealth services. Competes with Waukesha State Bank for the same customer base but with substantially more branches, capital, and digital infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Waukesha State Bank social profiles
Digital presenceWaukesha State Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Waukesha State Bank leadership team
Management profileNumber of profiles
Profiles1 record
Waukesha State Bank subsidiaries and ownership
Company hierarchySubsidiaries3 records
Waukesha State Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Waukesha State Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Waukesha State Bank
What does Waukesha State Bank do?
Waukesha State Bank is an independent community bank offering deposit accounts (checking, savings, CDs, IRAs, HSAs), consumer and commercial lending (personal loans, mortgages, home equity, construction, SBA), and fee-based services (wealth management, trust/estate planning, treasury management, payroll processing) to individuals, families, small and mid-size businesses, and high-net-worth clients in the Waukesha, Wisconsin area.
Is Waukesha State Bank a public or private company?
Waukesha State Bank is a private company. It is classified as unknown and is currently operating.
When was Waukesha State Bank founded?
Waukesha State Bank was founded in 1944. It employs 11 to 50 people.
Where is Waukesha State Bank based?
Waukesha State Bank is headquartered in Waukesha, United States, in the North America region.
How does Waukesha State Bank make money?
Five revenue lines are on record. Interest Income is the primary driver. The others are deposit Account Fees, loan Products, wealth Management Services and business Services.
Who are Waukesha State Bank's main competitors?
Direct peers on record are PyraMax Bank, FSB, North Shore Bank, Town Bank, Monona Bank, Settlers Bank, Investors Community Bank and Nicolet National Bank. Broad incumbents are Associated Bank, Wintrust Financial Corporation and BMO Harris Bank.
Does Waukesha State Bank have an API?
No public API is recorded for Waukesha State Bank.
What industry is Waukesha State Bank in?
Waukesha State Bank's product category is Community Banking. Its primary akta.pro industry code is FSAEABAC, Private Banking & UHNW Wealth Advisory, with a secondary code of FSAAAAAG, Managed Accounts & Model Portfolios (SMA/UMA). Its NAICS code is 52 and its SIC code is 6022.