Business of the Week – Community State Bank


You help your community thrive when you shop locally!

Be sure to read The Prowers Journal each week when the Lamar Chamber of Commerce and
The Prowers Journal highlight a featured Business of the Week.

This week we are proud to spotlight Community State Bank in Lamar.
Call them at: 719.336-3272.


Community State Bank opened on July 15th of 2008, as such, this week, we are proud to celebrate our fourth year of service for our community.

Led by Mike Harvey as the bank’s President in 2008, Community State Bank opened with a staff of 13 employees, over the past four years; we have steadily grown to a staff of 15 employees. In 2011, the bank leadership changed to add Scott Reed as the new bank President. Mike Harvey has remained an integral part of the Community State Bank staff in other roles, but the change has been successful with the growth of our organization.

Considering the many changes in the banking industry over the past four years, the Board of Directors at Community State Bank, led by Joe Spitz, has made a focus towards maintaining a well trained staff. By providing the latest in education and resources in the banking industry, our staff has been successful in adapting to these changes to meet your needs.

As a bank, we strive to meet your financial needs by providing a staff of seasoned professionals that have worked in the banking industry for years. In recruiting the staff at Community State Bank, we have strived to find the best and brightest in the industry. From customer service, lending to information technology; we believe that we have the most dedicated and customer focused staff in the industry.

As a single, locally owned bank, our intent is to provide a Community based banking service focused on customer service and small town values. With our customer service based banking, we offer everything from basic checking and saving accounts to mobile and online banking.

Our Compliance and Operations team works hard to ensure that all of your transactions are processed promptly. Our well trained and customer focused Operations staff is very knowledgeable in the various aspects of banking and are ready to assist you with anything from opening a new savings account, researching your account history to submitting a wire transfer. Additionally, with an experienced Compliance Officer, we strive to stay updated on the various regulatory changes in the industry. With the various changes, it is vital to our customers that we remain compliant to ensure the safety and integrity of your transactions.

At Community State Bank, we provide consumer lending as well as agricultural and commercial lending. In lending, we feel that a vital key for success is experience. At Community State Bank, every one of our experienced lenders have been lending for more than 20 years.

Our professional staff is ready to assist you with your financial needs from opening a new checking or savings account to purchasing a Visa Gift Card. For Holiday planning, we offer our annual Christmas Club savings account. For Vacation planning, we offer our annual Vacation Club. With a variety of different products to choose from, we strive to provide a way for you to safely invest and manage your hard earned money.

Unlike traditional marketing efforts, Community State Bank has shifted the standard marketing plan to invest their marketing budget on reinvesting back into our community through sponsorships, donations and support to local events and organizations. Our hope is to continue in this direction in the future as our organization grows with the hope of giving back and helping our community grow as our organization grows.

With an in-house Information Technology/Security Officer we maintain a focus on security and reliability for your financial transactions. From offsite disaster recovery, or security to the integrity and safety of your online banking transactions, at Community State Bank, we strive to remain prepared to face the ever changing world of technology and security in the banking industry.

Being honored with the 2012 People’s Choice award on our fourth year of business was an honor and we thank our customers for their support over the past few years. We look forward to serving our community for many years to come!

Community State Bank, a member of the FDIC, is located at 717 North Main Street in Lamar, our Lobby hours are from 8:30am to 5:00pm Monday through Friday and our Drive-Through hours of operation are from 8:30am to 5:30pm Monday through Friday. Visit Community State Bank on the web at:

Filed Under: BusinessBusiness of the WeekChamber/Local BusinesscommunityEconomyEmploymentFeaturedLamar


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