Our Timeline

1874 – Isaac Stephenson, J.W.P. Lombard, Samuel Stephenson, Robert Stephenson, and Augustus Spies signed the charter creating the Stephenson Banking company the first bank in the area. The five gentlemen pooled a total of $25,000 to form the capital base of the bank. The bank opened for business at 1910 Hall Avenue, Marinette.

1882 – Isaac Stephenson was elected to the first of his three terms to the House of Representatives.

1889 – The Stephenson Banking Company received a federal charter and became the Stephenson National Bank.

1890 – Isaac Stephenson returns as the president of the Stephenson National Bank.

1898 – John A. Van Cleve becomes the president of the Stephenson National Bank.

1900 – A new, modern facility is built at 1818 Hall Avenue on property formerly occupied by Hogan Shoe Store and the Colburn & Burlingame Grocery Store.

1907 – Isaac Stephenson is elected to fill out a term of office in the U.S. Senate and was subsequently re-elected for one term. No other resident of the community before or since attained such high office.

1920 – Harry J. Brown becomes president of the Stephenson National Bank.

1929 – A stock market crash marks the beginning of the Great Depression. During which time, the bank never closed it’s doors.

1938 – Harry L. Haslanger becomes president of the Stephenson National Bank.

1952 – Frank J. Lauerman, Jr. becomes president of the Stephenson National Bank.

1959 – Louis W. Staudenmaier becomes president of the Stephenson National Bank.

 1969 – The new addition and renovation of the 1900 building are completed.

1973 – The Stephenson National Bank is granted fiduciary powers.

1979 – Mary L. Staudenmaier becomes first woman president of The Stephenson National Bank and Trust.

1980 – Louis W. Staudenmaier died October 12 having spent the last thirty years in directing and managing the bank through asset growth of 600%. During his tenure, he was also committed to bringing ownership of the bank stock back to local control.

1982 – The bank library and additions to the employee’s lounge and the vault are completed.

1984 – Stephenson National Bancorp, Inc., a one bank holding company, is formed.

1991 – The bank’s remote drive-up facility is completed.

1992 – A major renovation of the bank begins.

1998 – Branch expansion begins - The first Branch is opened within the area’s largest supermarket, Angeli’s County Market, in Menominee, Michigan.

2000 – John K. Reinke becomes president of The Stephenson National Bank & Trust.

2001 – On June 29, Comptroller of the Currency grants approval to establish a branch in Oconto.  On September 4, the branch opens in a mobile facility.

2002 – In June the bank’s Oconto office moves to newly completed building.

2002 – The bank’s third branch opens at 1111 10^th Street, Menominee, Michigan.