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The State Bank of Morristown was founded in
1928. Its predecessor bank, Farmers State Bank, had closed
its doors earlier in the year. Several prominent citizens of
Morristown traveled to Northfield to discuss a new bank with
attorney and banker, W.W. Pye.
After much discussion, it was agreed that a new bank would
be opened. It was chartered in the name of the State Bank
of Morristown.
The Bank has remained in the Pye family ever since, now
owned by a third generation and namesake of the founder.
William W. Pye.
One characteristic of W.W. Pye's bank was their financial
soundness. During the depression, Morristown was one of a
handful of banks in the state that did not declare a "Bank
Holiday." The same principle continues today, insuring
extraordinary service to our customers and community.
In 2002 the bank changed its name to Lake Country Community
Bank to reflect the expanding market of the bank. The staff,
and ownership, remains the same.
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