the amount of each paymentAn adjustment in the Note Rate will result in an increase or decrease in (1) the number of scheduled periodic paymentsthe amount of the final payment, (3) of interest, (2) the amount of each remaining paymentsufficient to repay this Note in substantially equal payments, (4) of principal and interest so that those remaining payments will be substantially equal and sufficient to repay the amount of each remaining payment of principal and )5( ,etad ytirutam deludehcs sti yb etoN siht interest (other than the final payment) so that those remaining payments will be substantially equal and sufficient to repay this Note by its scheduled maturity date based on the original amortization schedule used by Lender, plus the final payment of principal and interest, or (6) Lender is authorized to change the amount of periodic payments if and to the extent necessary to pay lapse of time, until paid, at the Note Rate calculated under this paragraph 1.b., plus an additional percentage points. All interest is computed on the same basis as interest is computed as provided in the Note, which interest computation method is not modified by this Agreement. % per year, and until the first change date described below the % perHowever, beginning on the first change date described below the Note Rate will not exceed % per year. The Note Rate shall be adjusted on the change dates provided below. as Maker(s), in (the "Note").the original principal amount of $ (theThe Note is modified according to the terms of this Agreement effective as of "Effective Date"), as follows: Maker(s) promises to pay to Lender the unpaid principal balance of the Note, plus interest on the unpaid principal balance of the Note, according to the following schedule: Page 1 of 2 NOTE MODIFICATION AGREEMENT (VARIABLE RATE) (For use with WBA 451 Business Note and 755 Agricultural Universal Note) 464VAR (3/26/20)W. B. A. © 2020 Wisconsin Bankers Association/Distributed by FIPCO® ,This Note Modification Agreement ("Agreement") modifies the Note dated as Lender, and between For valuable consideration, receipt of which is hereby acknowledged, the undersigned agree as follows: 1. All unpaid principal and accrued interest bear interest after maturity, whether occurring by acceleration or percentage points ("Note Rate") . minus a. b. Boxes checked are applicable. Boxes not checked are inapplicable. eFIPCO The terms of this paragraph 1 supersede any provision to the contrary in the Note, including, but not limited to, provisions for a fixed, variable or stepped interest rate. The "Index Rate :si " c. If the Index Rate ceases to be available to Lender during the term of the Note, Lender may substitute a comparable index. The Index Rate may or may not be the lowest rate charged by Lender. The Note Rate shall be adjusted on the following change dates: Before maturity (whether by acceleration or lapse of time), the Note bears interest on the unpaid principal balance of the Note as follows: At a variable annual rate which will adjust to equal the Index Rate (as defined below) plus year and will not be less than Note Rate shall be . . in full all accrued interest owing on this Note. Maker agrees to pay any such additional payments or amounts. . 35 equal payments of principal of $801,566.36 are due on September 26, 2022 and on the same day(s) of each third month thereafter. Interest payments are due on December 26, 2021 and on the same day(s) of each third month thereafter. A final payment of the unpaid principal and interest is due on June 26, 2031. 3.000 3.000 Exhibit 10.19 October 22, 2020 Chippewa Valley Bank Citizens Community Bancorp, Inc. 28,856,388.88 October 20, 2021 0.750 n/a as and when the index rate changes and becomes effective X n/a 5.000 X The highest U.S. Prime Rate as published in the Wall Street Journal "Money Table" as and when the index rate changes and becomes effective. Loan Number: 52496

Note Modification Agreement (Variable Rate) Page 2 of 2 (Seal) MAKER(S) LENDER: Dated: .As of the Effective Date, the unpaid principal balance of the Note is $ This Agreement does not satisfy or discharge the Note or any documents that secure the Note. Except as specifically modified by this Agreement, the Note and any documents executed by Maker or any third party in connection with the Note remain in full force and effect and are not modified. 2. 3. Byx Title: (Seal) (Type of Organization) (Seal) (Seal) (Seal) (Seal) (Address) (Phone) 28,856,388.88 October 20, 2021 Chippewa Valley Bank Rick Gerber Chief Executive Officer Citizens Community Bancorp, Inc. A Maryland Corporation By By Stephen Bianchi, President & CEO James S Broucek, EVP, CFO, Treasurer & Secretary 2174 Eastridge Center Eau Claire, WI 54701