April 5, 2019 – WoodTrust Bank (WoodTrust), a leading provider of banking, trust and investment management services in central and northern Wisconsin since 1891, is excited to announce the construction of a new branch location in Wisconsin Rapids.
WoodTrust is reinvesting in the Wisconsin Rapids community with the construction of a new, full service branch to be located on the southeast corner of 8th Street and Griffith Avenue. Construction is set to begin mid-to-late summer with occupancy planned for the first quarter of 2020. The new location will eventually replace the bank’s current 8th Street branch and, importantly, during construction of the new building, there will be no disruption to full-service operations at the current location.
“WoodTrust Bank, formerly known as Wood County National Bank, has been a fixture at our 8th Street location since 1991 when we acquired the former Community State Bank,” said WoodTrust Chairman, Steve Bell. “Our current location has served us well and been an integral part of our growth as a company. As we analyzed our future needs and delivery systems it became apparent that, for a variety of reasons, our current building did not meet our needs. While choosing to leave our current location wasn’t easy, building a new facility is the right decision and our new location at the corner of Griffith and 8th will continue our presence on 8th Street that started all those years ago. We are excited to move this project forward and share our vision with customers and the community as a whole.”
The new branch will allow WoodTrust to reinvest in the Wisconsin Rapids community, provide a fresh and exciting banking environment for customers, and create another great working atmosphere for associates. Stay tuned for additional updates on the progress of the new facility.
About WoodTrust Bank
WoodTrust Bank is a family owned and operated $400 million bank with seven branches in Wisconsin and one location in Arizona. In addition to traditional banking services, the company is also a relationship-based trust company and investment management firm, managing over $1.9 billion in assets for customers in 35 states through its WoodTrust Asset Management division. WoodTrust has been independently owned and operated since 1891.