About Waldo State Bank

At Waldo State Bank it is our passion:


with our customers to provide personalized financial solutions.


our employees with a culture that is energetic and meaningful.


our communities through our time, talents, and resources.

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Our Mission

Local. Independent. Just Like You.

For over 100 years, Waldo State Bank has been committed to providing Sheboygan county residents and business owners with expert banking services. We strive to achieve our mission by providing genuine customer service with the highest degree of integrity, professionalism, and confidentiality.

Our most important asset is our customers. As a Sheboygan community bank, we are constantly evaluating the changing needs of our customers and reviewing innovations in technology to provide them with modern financial service and guidance.

Waldo State Bank's directors and staff are dedicated to providing the personal and quality customer service you have come to expect from people "Like You".

Bank History

Over A Century of Personalized Banking

Established in 1913, Waldo State Bank is independently owned and is proud to be your "Community Bank". As a Sheboygan County bank, it is our goal to enrich our community by providing financial guidance for individuals and businesses in our area.

Waldo State Bank is founded on principles like trust, service, and expertise. We combine these timeless concepts with modern innovation to give customers the best of our history in combination with our future vision. Stop in and ask us how we can help you secure your financial future!

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Contact Waldo State Bank to find out more about our personal and business banking opportunities! 

Meet our Team

Thomas A. Reil

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Derrick W. Hermann

Vice President, Chief Loan Officer
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Sherry Gallagher

Compliance Officer
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Ted Katsma

Deposit Operations Officer, Computer Support Specialist
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Paul & Mia’s Chocolate Peanut Butter Balls

Community Impact

Paul & Mia’s Chocolate Peanut Butter Balls

Waldo State Bank has the ingredients to help you find success in your financial goals and aspirations, but we’ve taken to asking our team members and customers to help us share some of their favorite food recipes from home! Ted Katsma, our Deposit Operations Officer, shares his recipe for “Paul & Mia’s Chocolate Peanut Butter Balls.” 

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CD Accounts – A Safe and Secure Investment


CD Accounts – A Safe and Secure Investment

Investing personal wealth to earn a substantial return isn't a simple trick. There is a lot of important information to research and understand the different options available, as well as the risks and benefits associated with each. Stocks and CD accounts are two popular investment types with very different approaches toward earning returns. While stocks are popular, Waldo State Bank would like to point out the reasons CDs are a safer, more beneficial choice for investing your money.

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