Community Reinvestment Act (CRA) Public File

Current as of December 31, 2023

Notice

Under the federal Community Reinvestment Act (CRA), the Federal Deposit Insurance Corporation (FDIC) evaluates our record of helping to meet the credit needs of this community consistent with safe and sound operations. The FDIC also takes this record into account when deciding on certain applications submitted by us.

Your involvement is encouraged.

You are entitled to certain information about our operations and our performance under the CRA, including, for example, information about our branches, such as their location and services provided at them; the public section of our most recent CRA Performance Evaluation, prepared by the FDIC; and comments received from the public relating to our performance in helping to meet community credit needs, as well as our responses to those comments. You may review this information today.

At least 30 days before the beginning of each quarter, the FDIC publishes a nationwide list of the banks that are scheduled for CRA examination in that quarter. This list is available from the Regional Director, FDIC, 300 South Riverside Plaza, Suite 1700, Chicago, IL 60606. You may send written comments about our performance in helping to meet community credit needs to State Bank of Chilton, 26 E Main Street, Chilton, WI 53014 and FDIC Regional Director. You may also submit comments electronically through the FDIC's Web site at www.fdic.gov/regulations/cra. Your letter, together with any response by us, will be considered by the FDIC in evaluating our CRA performance and may be made public.

You may ask to look at any comments received by the FDIC Regional Director. You may also request from the FDIC Regional Director an announcement of our applications covered by the CRA filed with the FDIC. We are an affiliate of Calumet Bancorporation, a bank holding company. You may request from the Assistant Vice President, Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, IL 60604 an announcement of applications covered by the CRA filed by bank holding companies.

Public File Contents

  • Written Comments: For the current year and two previous years, State Bank of Chilton has not received any written comments from the public about how the Bank is helping meet community credit needs.
  • CRA performance evaluation:
  • Locations and Hours of Operation: 
    • Chilton Office, 26 E Main Street, Chilton, WI 53014
    • Stockbridge Office, 401 W Lake Street, Chilton, WI 53014
    • Brillion Office, 103 North Main Street, Brillion, WI 54110
    • Sherwood Office, W443 Veterans Avenue, Sherwood, WI 54169
    • Brookfield Office, 14040 W Capitol Drive, Brookfield, WI 53005
  • Services and Fees:
    • State Bank of Chilton offers a variety of products and services to meet the financial needs of our customers including an array of loan and deposit products as well as online and mobile banking.  While the Bank's primary lending focus continues to be commercial related, we offer various loan products including fixed-rate residential loans, adjustable-rate mortgage loans, HELOCs, construction loans, ag loans, and guaranteed loans through the SBA.  The Bank offers the same products and services at all offices with the exception of safe deposit boxes which are not available at the Brookfield Office.  The Bank charges the same fees at all offices.

  • Geographic and CRA Assessment Area:
    • State Bank of Chilton is a community Bank, and our goal is to support the communities we operate in. The Bank aggressively seeks good loans from within the general accepted lending area. By policy, the Bank defines the generally accepted lending area as Calumet and Waukesha counties, where the offices are located, and all adjacent counties.
    • State Bank of Chilton has defined our CRA Assessment area to include all census tracts in the following counties:  Calumet, Milwaukee, Waukesha
    • Census Tracts to the included counties can be found here: Census Tracts

  • Loan to Deposit Ratio 
    •   3/31 6/30 9/30 12/31
      2024        
      2023 88.53% 90.87% 89.50% 90.82%
      2022 82.17% 82.17% 86.47% 93.81%
  • HMDA Disclosure Statement:
    • The HMDA data about our residential mortgage lending are available online for review. The data show geographic distribution of loans and applications; ethnicity, race, sex, age, and income of applicants and borrowers; and information about loan approvals and denials. HMDA data for many other financial institutions are also available online. For more information, visit the Consumer Financial Protection Bureau's Web site (www.consumerfinance.gov/hmda).