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19. North Milwaukee State Bank

  • 2009 Rank: 19 (Last Year: 20)
  • Chief Executive(s): Erbert Johnson
  • Business Type: bank
  • Address: 5630 W. Fond du Lac Avenue Milwaukee, WI 53216
  • Staff: 23
  • Year Started: 1971
  • Website: http://www.nmsbank.com
Financial Information
  • Assets: $93.8
  • Capital: $8.2
  • Deposits: $51.1
  • Loans: $74.0
In millions unless otherwise stated.

Founded in 1971, North Milwaukee State Bank is the oldest and second largest minority-owned bank in Wisconsin. The bank offers financial education outreach, new construction loans, grants, auxiliary/events support,  private banking, and financial advisory services.  Church congregations represent one of the firm’s largest customer-base.

The bank’s assets totaled $93.8 million in 2008–up 15% from the previous year.

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