March 17, 2023

Citizens First Bank Viroqua Wisconsin Addresses Concerns Amidst National Bank Runs

Viroqua, Wisconsin

Citizens First Bank Viroqua Wisconsin (CFB) would like to address the concerns of its customers amidst the recent national bank events. We understand that the situation may be causing anxiety and uncertainty among our customers, but we want to assure you that CFB is a stable and reliable financial institution with a strong financial position and a commitment to serving our community.

We recognize that recent events have led to some concern and confusion, but we would like to emphasize that CFB is not experiencing any liquidity issues or other financial difficulties. We have a strong capital position and a robust liquidity buffer, which allows us to meet all of our obligations to our customers and maintain the highest standards of service and support.

As a community bank, we have always been committed to supporting the local economy and the financial needs of our customers. We have deep roots in the community and a long history of serving the financial needs of businesses and individuals in Viroqua and the surrounding areas. Our mission is to provide reliable, personalized financial services that help our customers achieve their financial goals and build a strong and prosperous community.

We understand that trust and confidence are crucial in banking, and we take our responsibilities as a financial institution very seriously. We are committed to transparency, open communication, and the highest standards of ethical conduct, and we will continue to work tirelessly to earn and maintain your trust.

In conclusion, we would like to reassure our customers that CFB is a strong and stable institution, and that we are committed to providing the highest levels of service and support, even during times of market uncertainty. We appreciate your trust and confidence, and we look forward to continuing to serve your financial needs for years to come.

Sincerely,

Shane Ilstrup

President

Citizens First Bank Viroqua Wisconsin 

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