Union Grove-based Community State Bank has purchased a former Town Bank branch in Lake Geneva for $900,000. The sale closed July 9, according to state records.
Community State Bank opened a 2,000-square-foot rented temporary office space at 580 Broad St. in Lake Geneva in January 2017. It will move those operations to the newly purchased 3,000-square-foot branch at 200 Interchange North in Lake Geneva, which had been vacant for several years, said Greg Wall, vice president and marketing director at Community State Bank.
“The opportunity came up to purchase a permanent building,” Wall said. “The property had been for sale for a little while and the time was right.”
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