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Welcome to McFarland State Bank

With $15,000 and a common goal, seven McFarland businessmen in 1904 initiated the framework for a lasting community institution, the McFarland State Bank.

While the community and the nature of banking business have changed dramatically over the years, McFarland State Bank has remained steadily on the upswing. In the 1920's when many financial institutions were suffering on all fronts, the bank remained financially solid and respected throughout the area. In 1968 the bank moved across the street and opened up a more spacious building. Through the years the bank continued to grow and expand in building structure as well as asset growth.  In 1995 a branch location was built in McFarland on Highway 51 and within the next five years the bank doubled in size. It was clear that clients preferred the Highway 51 location and in 2003 the Main Street office was sold to the Village of McFarland. That location now houses the village’s multi-use library.  Making the library a reality was one of many significant community contributions made through the years by the bank and CEO E. David Locke.  The bank was also deeply involved in the development and growth of the local industrial park and the village’s first highway interchange.

After the Main Street location was sold, the bank began a major addition to its Highway 51 location to accommodate the entire staff and meet the future needs of its clients.  Since that time, another addition and second floor renovation has taken place to accommodate the bank’s abundant and continued growth.

In January 2011, McFarland State Bank ventured from the single location model and acquired substantially all of the assets of the former Evergreen State Bank through an assisted transaction with the FDIC. This transaction occurred after Evergreen State Bank was closed by the FDIC.  Now totaling four locations, McFarland State Bank serves the communities of not only McFarland, but Stoughton and Sun Prairie too.  David Locke shared that the bank is “pleased to be in a position to continue the community banking tradition in the towns of Stoughton and Sun Prairie. Community banking is our tradition and for over 100 years McFarland State Bank has been a strong, safe, local bank providing the best in what community banking has to offer: involvement in the community, local decision making, stable employment, and a reliable financial institution resource for our customers. We are very excited to welcome our new customers and employees as we strengthen our commitment to community banking in the communities we serve!”

When this community bank was founded, it served a rural community, miles from the state capitol. Although there is still an agricultural influence in the market area, Dane County, has rapidly become urbanized. As the area continues to grow, so does McFarland State Bank through partnering with commercial and retail clients from around the area.  Understanding and embracing its role as a community bank, this organization also enjoys its continued dedication to McFarland, Stoughton and Sun Prairie, and the surrounding communities through a multitude of civic and educational activities, donations, and supporting staff involvement.  McFarland State Bank is involved in the communities it serves.

You can visit McFarland State Bank at any of our four locations.  A wide network of ATMs, Telebank, and a robust Online Banking service provide 24/7 account management for its clients.

 MSB Core Values

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MSB Career Center

Come and GROW with one of Dane County's leading community banks!

Welcome to our Career Center and thank you for your interest in McFarland State Bank. We presently have TWO wonderful full-time career opportunities for anyone who has a desire to be and do more with their career! We are looking for individuals who would enjoy being an integral part of our CORE VALUES (see above) and those who aren’t afraid of a good day's work!

For more information about this position, please click on the job title below. If your interest continues, please share your resume and/or completed job application with us!  

Thank you for your interest  --> We look forward to hearing from you!   

Loan Servicing Specialist

Mortgage Loan Officer 


This page was updated on 05.18.15

Great! You are interested!  What's the next step?

The next step is easy!  Simply print (click here) and share your completed McFarland State Bank employment application with us. You can email, mail, or drop off your completed application at any one of our locations listed below:

McFarland Corporate Office:
5990 US Hwy 51
McFarland, WI 53558

Stoughton Office Locations:
207 S Forrest St - or - 3162 County Road B
Stoughton, WI 53589

Sun Prairie Office:
2580 Ironwood Dr
Sun Prairie, WI 53590


Employee Benefits

McFarland State Bank offers an excellent benefits package, including 401k and Profit Sharing Plan. Please call Human Resources at 608-838-3141 for a current list of benefits.

Equal Opportunity Employer

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MSB in the News

McFarland State Bank Assists Care Net with FHLBC $396,000 Award

MADISON, December 9, 2013 – The Federal Home Loan Bank of Chicago (FHLBC) recently awarded more than $28 million through its competitive Affordable Housing Program (AHP) to help finance 99 affordable housing projects located primarily in Illinois and Wisconsin. Care Net Pregnancy Center of Dane County through McFarland State Bank was awarded $396,000 for The Eagle Harbor Apartments project. These funds will help finance the construction of 36 units of affordable housing to be located on the east side of Madison, Wisconsin.

“The 2013 AHP awards will assist in the purchase, rehabilitation, and new construction of more than 4,500 affordable housing units through 99 projects,” says Sam Nicita, Community Investment Officer at the FHLBC. “This is nearly double the number of projects that received an AHP award last year. We are thrilled to provide this level of support to projects that meet the important housing needs in our communities by offering safe affordable housing options.” For 2013, 143 applications were received requesting over $43 million in AHP funds.

Care Net Pregnancy Center of Dane County applied for the highly competitive AHP funding through McFarland State Bank, one of more than 750 FHLBC’s member institutions in Illinois and Wisconsin. Christina Smith-Wilkie, Assistant Vice President of Commercial Lending at McFarland State Bank served as a financial resource to Care Net with her knowledge of the AHP and was able to assist throughout the submission process. This is McFarland State Bank’s first AHP award.

“It is with great pleasure that Care Net Pregnancy Center of Dane County accepts the AHP award for Eagle Harbor Apartments,” states Liz Osborn, Executive Director. “We look forward to partnering with McFarland State Bank in providing greatly needed affordable rental housing. Additionally, empowerment services will be offered to all tenants who chose to participate.”

Eagle Harbor Apartments will be located on donated land adjacent to the Care Net Pregnancy Center of Dane County located at 1350 MacArthur Road in Madison. Anticipated completion is August of 2014.

About McFarland State Bank
Established in 1904, McFarland State Bank is a locally owned and operated community bank that prides itself as a strong partner not only within the McFarland, Stoughton and Sun Prairie communities, but with Dane County area entrepreneurs as well. With over 450 million in assets, McFarland State Bank and its 90+ employees provide a full compliment of personalized commercial and consumer financial services.



Posted on August 13, 2013 - (Stoughton Courier Hub - By: Mark Ignatowski)

TV Show to Highlight Stoughton

A few years ago, Stoughton drew the interest of a Norwegian television station as a director and producer for the foreign channel visited the city looking to get an idea about what life was like in the area.

This summer, the community has drawn a local television station in for a closer look at the chamber, local businesses and the community.

Madison’s CW57 (WBUW) spent two weeks in July filming for the program “Destination Stoughton.” The program features seven 3-minute interviews with local businesses and an introduction by the Chamber of Commerce director Erica Dial. The program is set to premiere at 6:30 p.m. Thursday, Aug. 15.

McFarland State Bank was the driving force behind bringing the program to Stoughton, president Steve Swanson told the Hub this week. The bank had previously worked with CW57 on a similar program in McFarland. Swanson said the program is a great way to highlight what the community has to offer.

“There’s no reason that Stoughton shouldn’t be considered one of the top destinations for a business or family to relocate because of all it has to offer,” Swanson said. “We felt like Stoughton is a bit of a hidden gem.”

The half-hour program will highlight seven local businesses – McFarland State Bank, Nordic Nook, Deak’s Pub and Grill, Stoughton Tumblers, Stoughton Utilities, Lotus Salon and the Chamber’s Visitor Services department.

Each business serves as sponsors of the program by paying $1,000 for their own three-minute segment. Swanson said they were asked to fill out questionnaires which Dial read and directed questions to highlight the business during an on-camera interview. Crews spent a few hours each day during a two-week period in late July filming the interviews and gathering extra footage for the program, Dial said.

Being on camera wasn’t easy at first, Dial said, adding that she was surprised about how long it took to shoot the different segments.

“It took two hours to get a minute and a half of video,” she said.

Swanson said he was impressed with the production value when the bank was part of the program for McFarland. That positive experience, in part, lead bank leaders to try to get a show taped in Stoughton, he said.

Another reason, Swanson said, was that the bank wants to be a leader in the Stoughton community.

“We feel that it is our role as a community bank to promote Stoughton,” Swanson said. “So many of our employees call Stoughton home. We take pride in the community.”

Swanson approached the chamber, the school district and the city, he said. The superintendent, mayor and chamber leadership all seemed to be on the same page about Stoughton needing to do a better job promoting itself.

“Stoughton has a lot to offer,” Swanson said. “Why is it that Stoughton doesn’t seem to be on the radar when people are thinking of moving to Dane County? I think part of it is that people don’t understand what Stoughton has to offer.”

Both Swanson and Dial said they hope the program will garner some interest in the city. The show will be aired at least 12 times during a four-week period starting Aug. 15.

In addition to the air time on CW57, the businesses and chamber will get copies of their three-minute segments and the whole show to use to promote themselves.

Dial said the chamber plans to put the video on their YouTube channel, Reveal Stoughton, and on their website, stoughtonwi.com.

Program schedule

“Destination Stoughton” will be shown on Madison’s CW57 (WBUW) a minimum of 12 times in a four-week period with the premier at 6:30 p.m. Thursday, Aug. 15.
The channel can be found over the air at channel 57-1, on Charter Cable on channel 2 and Direct TV on 57.1.
The schedule is as follows:
• 6:30 p.m. Thursday, Aug. 15
• 7:30 a.m. Friday, Aug. 16
• 12:30 p.m. Sunday, Aug. 18
• 2:30 p.m. Monday, Aug. 19
• 8 a.m. Wednesday, Aug. 21
• 3 p.m. Saturday, Aug. 24
• 12:30 p.m. Tuesday, Aug. 27
• 2:30 p.m. Thursday, Aug. 29
• 9:30 a.m. Sunday, Sept. 1
• 7:30 a.m. Tuesday, Sept. 3
• 12:30 p.m. Thursday, Sept. 5
• 9:30 a.m. Sunday, Sept. 8



Posted on July 17, 2013 - (McFarland Thistle - Dennis Ottosen, Managing Editor)

McFarland businesses featured on CW 57 program

Destination McFarland is a half hour television program that takes an in-depth look at some of the businesses that make McFarland a great place to dine, play, shop and stay.

The show, produced by CW57 with the cooperation of the McFarland Chamber of Commerce, takes a unique look at the following McFarland businesses: Spartan Bowl, Spartan Animal Hospital, Symmetry and Balance, Dentistry By Design,
McFarland State Bank, McFarland Family Chiropractic (Back to Action) and the Beachhouse Restaurant & Bar.

The program provides the participating McFarland businesses the opportunity to give viewers an inside and sometimes a behind the scenes look at how they do business, create a product, serve customers and make McFarland such a wonderful place.

Each sponsor is given a three-minute segment on the half hour show and the rest of the show is focused on the community in general.

Donna Manring, executive director for the McFarland Chamber, was chosen to host the program.

“It was really a lot of fun,” Manring said. “You can cover a lot of ground in three minutes, so (the viewers) are going to find out a lot about these seven businesses.”

Hosting the show was a unique experience for Manring but it won’t be her first time on TV. Up until about eight years ago, Manring would do an on-air nutrition segment for NBC 15 from time to time.

“Donna did a great job with our (Destination McFarland) segment and I’m sure she did with the others as well,” said Steve Swanson, president of McFarland State Bank.

Manring said the best part of hosting Destination McFarland was the opportunity to learn about the businesses first hand. She said the show shines light on many different aspects of each business. For example how the animal hospital provides care for different exotic animals (she added that viewers will have to tune in to see which ones).

“Sometimes we don’t realize the scope of services that these businesses provide,” Manring said. “You think you know the businesses pretty well, but I learned some things that maybe a lot of people don’t know about the businesses.”

Viewers will also learn some fun facts about each business, like how the Beachhouse used to be a bait shop and a swimming spot for local children in the 40s and 50s.

Over the last couple of weeks CW sent crews to the various locations and Manring conducted interviews with business owners and employees. The camera crews also went behind the scenes of each business to give viewers and in depth look at what each one does. The opening and closing scenes were shot by the gazebo at Arnold Larson Park. Shooting wrapped up last Wednesday.

Before the idea was pitched to the Chamber, CW 57 initially approached Steve Swanson, President - McFarland State Bank, and the bank agreed to be the lead sponsor for the program.

“CW (57) put together this package that was quite frankly hard to say no to,” Swanson said. “You get a lot for the relatively inexpensive price it costs to do this … I was very impressed.”

Swanson, who grew up in McFarland, said he hopes the show will help rid the idea of McFarland only being a bedroom community.

“It’s a great way for McFarland to talk about what McFarland has to offer,” Swanson said. “McFarland probably doesn’t do a great job of promoting itself. There is more to McFarland than it just being a bedroom community. It gives the opportunity to talk about what makes McFarland tick.”

As an added bonus for the businesses that participated, each one will be given its portion of the show in file format to use for promotional purposes.

Swanson said appearing on camera was a new experience for him, and he was a bit worried about “taking all day” getting his shots right. However, he said the CW crews were very helpful during production.

“I can’t even record my voicemail message right on the first try. So I thought it was going to take a while to get the takes right for this three minute TV segment,” Swanson said. “To my amazement I didn’t have to redo anything.”

Swanson said it’s not common for McFarland to be profiled on television like this and it’s a great opportunity for the village.

“I’m guessing there will be a lot of DVRs set in McFarland to watch it,” Swanson said.

Destination McFarland is the second town featured as part of the Destination series. Destination Middleton had so much success with the first program that the city and CW decided to do a second.

Swanson was so impressed by CW 57 that he decided to have McFarland State Bank become the lead sponsor for upcoming shows in Stoughton and Sun Prairie.

“We’ve enjoyed the process so much that we’ve agreed to be the lead donor in Stoughton and Sun Prairie where we have our other two locations,” Swanson said.

CW 57 serves 11 counties in South Central Wisconsin.

Destination McFarland will be shown a minimum of 12 times in a four-week period. It premiered on Wednesday July 17 at 6:30 p.m.

The schedule is as follows:

Wednesday 7/17 6:30 p.m.
Friday 7/19 7:30 a.m.
Sunday 7/21 12:30 p.m.
Tuesday 7/23 7:30 a.m.
Thursday 7/25 2:30 p.m.
Sunday 7/28 6:30 p.m.
Monday 7/29 7:30 a.m.
Wednesday 7/31 8:00 a.m.
Friday 8/2 2:30 p.m.
Tuesday 8/6 7:30 a.m.
Thursday 8/8 12:30 p.m.
Sunday 8/11 9:00 a.m.



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