Old Lake Mills branch in black & white

Our History & Mission

Mission Statement

Our mission is to offer an exceptional banking experience that drives positive change, fosters continuous learning, and contributes to the long-term success of our clients, team and community. 



History

Bank of Lake Mills was organized in 1893 by S. A. Reed, E. J. Fargo, L. D. Fargo, David Gardner, B. J. Silliman, R. E. Favill, Robert Fargo, William Everson and Conrad Engsberg. The bank was built despite the numerous bank failures that occurred that same year.

In 1919, Emil Neupert joined Bank of Lake Mills and became Bank President. In 1971 his son, John Neupert, was elected President. John's son, Ty Neupert, is now President and Chief Executive Officer.

For 85 years, Bank of Lake Mills was located at 114-116 East Lake Street; and there the Bank flourished and grew until it became apparent that there was a need for more space. In 1978, a new building was constructed at our current location at 136 East Madison Street, Lake Mills. The corner lot gave us the opportunity to expand our services, adding drive thru lanes, an ATM, off-street parking, and a much larger interior. We have constructed two additions to the building as we have increased commercial and secondary market lending.

In 2007, Bank of Lake Mills added a dedicated mortgage loan office location on Church Street in Watertown. Due to the growth in Watertown and surrounding communities, it was decided to enhance the banking experience and expand to a full-service branch, not just a location dedicated to mortgages. In March 2010, our current Watertown location at 400 Bernard Street opened. 

Bank of Lake Mills has a solid history of steady growth. When we moved to our current Lake Mills location in 1978 our assets totaled $11,698,000. Today our assets exceed $415,000,000. We are proud of our heritage of service throughout our long history. Our commitment is to provide our customers with all of the conveniences technology can add to banking, while maintaining the friendly, personal service our customers have come to expect from us. 

 
Black & white photo of old Lake Mills branch building
 
 
 
Updated: 2/6/2025
 

 


Excellent Customer Service -
We are committed to providing excellent customer service in all our endeavors. 
Empowered Employees - 
Commitment to Community - 
We want to build better communities for our employees to live in.
 
Financial Literacy Education - 
The bank strives to increase financial literacy education in our employees and our communities.
 
Strong Foundation with a Modern Approach - 
We are a strong bank, and we plan to stay relevant and up to date for our customers while staying true to our roots.