The Bank of Florence was built as a wildcat bank for speculators to make an easy profit. Many of the early investors included members of the land company that founded the nearby town of Saratoga, as well as local businessmen. When the Panic of 1857 hit, many local townspeople and farmers were financially drained.
The building reopened as the Second Bank of Florence in 1904, and was restored as a landmark in the 1980s.
The Independent Community Bankers Association of Wisconsin. (elects State Bank of Florence president Tom Wittkopf as president) (Brief Article)
Oct 20, 1994; THE INDEPENDENT Community Bankers Association of Wisconsin, Madison, said Tom Wittkopf, president of State Bank of Florence, has...
Lender's Credit Bid of Entire Debt at Foreclosure Sale Results in Forfeiture of Rights to Additional Collateral
Feb 14, 2013; The Sixth Circuit Court of Appeals recently affirmed the decisions of the courts below and held in an unpublished opinion that a...