Heritage Bank is headquartered in Spencer, Wisconsin. It was originally capitalized in 1908 as Spencer State Bank with $10,000 by 39 individuals. The bank is one of the few that did not close for a bank holiday during the Depression.
In 1994, recognizing the need to grow and based on the close proximity to Marshfield, the bank opened a branch on North Central Ave in Marshfield. As the number of customers in Marshfield and the surrounding area grew, there was a need for additional space and in 2002 renovations were completed to expand the Marshfield facility. Also, because our market territory had grown the bank was renamed Heritage Bank.
In 2008, Heritage Bank celebrated 100 years as an independent locally owned community bank. We have continued to grow since that time with total assets of $100 million.