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Mission Statement
Livingston State Bank is not the biggest, but one of
the best and our top priority remains the same – to
serve our customers and meet all of their financial
needs.
History of Livingston State
Bank
Livingston State Bank began operations as a State
chartered bank in August of 1903 in Livingston. The
bank was founded by local farmers and merchants. The
goal of these founders was to provide a bank that
would meet the needs of the area and serve its'
customers well.
In 1919 the original bank building was sold to
Martin Allen, who was one of the Directors of the
bank. Mr. Allen gave the building to the Village of
Livingston and the building was used as our village
hall and library.
A new bank building was constructed on the original
corner lot in 1919 and remains in the same location
today, with several additions and remodeling
projects taking place.
On August 19, 1979 a house, located next to the bank
was purchased, because we were running out of space,
The house was sold and moved. We used this lot to
construct an addition to the original bank building
in 1982, which more than doubled the size of the
bank. We also used this land for a new drive-up
banking facility, night depository, new vault door,
an additional record vault and parking lot. This was
a major project as it afforded our customers with a
more modern way of doing business.
In 1986 we purchased our first in-house computer
system modernizing our bookkeeping system due to
more growth and expansion of our market area.
In 1991 the Joe F. Allen general store was purchased
to provide for a bank customer parking lot and a new
time and temperature sign.
Due to phenomenal growth in our customer base, we
purchased the Martin Allen Library property from the
Village in 1999. That same year we again added onto
our present bank building creating new office space,
a conference room, loan file room, and full basement
storage area.
A convenient 24-hour telephone banking system was
added in November of 1999.
In August 2003 we celebrated the bank's 100th
anniversary. We issued a general invitation and
served lunch to more than 1,100 customers and
friends over a two-day period.
Check imaging was installed in August of 2003, which
modernized our check processing system greatly.
In July 2004 we added online banking, which allows
24 hour, seven days a week internet access from
anywhere in the world. Livingston State Bank
customers can view their account, transfer funds
from account to account conveniently from home or
office.
On October 7, 2004 Rural Bancshares of Wisconsin was
formed. The purpose of this transaction was to
allow James and Joyce Neuendorf to retire after 43
and 30 years of faithful service to Livingston State
Bank. Rural Bancshares of Wisconsin is made up of
Jeffrey D. Ketterer, Daniel M. Engelke, Sheila M.
Ruchti, Tom Kenney, and Douglas Martin. This
transition allows L.S.B. to remain an independently
owned and operated bank. Livingston State Bank has 3
convenient locations in which to serve our
customers. Our Livingston branch is located at 125
Center St in Livingston, and our 2 Platteville
branches are located at 170 West Main St and 1800
Progressive Parkway in the Wal-Mart Super Store.
Livingston State Bank has done well in growing from
nothing in 1903 to the present time with assets over
150 million. Livingston State Bank is not the
biggest, but one of the best and our top priority
remains the same--- to serve our customers and meet
their needs.
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