Charter Bank

1010 West Clairemont Ave
Eau Claire, WI 54701


(715) 832-4254

Toll Free

(800) 471-4510


Mon-Fri: 9am - 5pm
Sat: 9am - 12pm


Mon-Fri: 7:30am - 6pm
Sat: 8:30am - 12pm



The word “sustainability” can be linked to a lot of our local activities these days—whether it’s reusing or recycling products that otherwise might be tossed out, shopping locally at our farmers markets and area small businesses right here in the Chippewa Valley, or making a commitment to buy American-made products. Needless to say, there are a lot of ways to go local and build a more sustainable world.

While all of this is great, have you thought about what these activities mean for our local economy, right here in Eau Claire? Have you also thought about how your banking activities might also help our local economy? If not, here is yet another buzzword to your lexicon—it’s called economic sustainability.

You might be asking exactly what this means. As a community banker for Charter Bank, this is a cause I’m dedicated to each and every day. By employing local residents and lending to local small businesses, farmers, ranchers and residents, Charter Bank is building a more economically sustainable community right here in Eau Claire—and community banks nationwide are doing the same.

It’s all part of a symbiotic relationship that community banks have with their communities—they take in local deposits and put them to productive use by lending that money back into the local economic ecosystem to local small businesses, many of the local farmers that set up stands at the farmers market during the summer and to local residents just like you.

That’s why this April, which is ICBA Community Banking Month, we encourage all local residents and small business owners to consider what it means to go local from an economic point of view and how to support economic sustainability by banking with a community bank.

Banking locally makes an impact both at the micro and macro levels. Take for instance the fact that there are almost 7,000 community banks with more than 50,000 locations throughout the United States. Community banks, which are locally operated—and many of them locally owned—constitute 96.8 percent of all banks with assets that may range from less than $10 million to $10 billion or more. Community banks with less than $10 billion in assets provide nearly 60 percent of all small business loans under $1 million and more than 75 percent of all commercial bank agricultural loans. That’s no small potatoes when it comes to lending. 

Feel free to stop by Charter Bank to talk about your finances and how banking locally with a community bank could be the right decision for you, and perhaps your family. Remember—we’re all in this together. Community banks are only successful if our customers and communities are too. That’s why the community bank and its relationship business model have thrived for over 100 years. We know what it takes to create successful local economies—join us in helping to build a more sustainable, vibrant economy here at home!