The FDIC Abstract of Deposits Annual Survey, typically launched in September, supplies a branch-level take a look at which banks throughout Wisconsin and the nation are gaining or shedding market share as of June 30 annually.
This 12 months’s survey reveals 197 banks within the Wisconsin market with 1,703 workplaces, down from 205 banks with 1,740 workplaces in 2022. The trade has been consolidating, a decade in the past there have been 285 banks doing enterprise within the state.
Statewide, deposits at Wisconsin branches totaled $195.7 billion, down 5% from the identical level in 2022. Round 46% of these deposits had been at workplaces in southeastern Wisconsin, outlined because the Milwaukee 7 area plus Sheboygan County. Southeastern Wisconsin’s deposits had been down about 12.5%.
Right here’s a better take a look at the highest 25 banks in southeastern Wisconsin primarily based on market share in these eight counties:
|
Financial institution (Workplaces in Market)
|
Deposits (thousands and thousands of {dollars})
|
Change in Market Deposits
|
Market Share
|
Change in Market Share
|
Change in Rank
|
|
U.S. Financial institution (54)
|
29,127
|
-23.0%
|
32.03%
|
-4.37%
|
–
|
|
BMO Harris Financial institution (79)
|
12,279
|
-6.8%
|
13.50%
|
0.81%
|
–
|
|
JPMorgan Chase Financial institution (34)
|
10,047
|
-16.2%
|
11.05%
|
-0.49%
|
–
|
|
Related Financial institution (51)
|
8,071
|
4.6%
|
8.88%
|
1.45%
|
–
|
|
Johnson Financial institution (18)
|
3,377
|
-0.9%
|
3.71%
|
0.43%
|
–
|
|
City Financial institution (20)
|
2,895
|
1.6%
|
3.18%
|
0.44%
|
–
|
|
Wells Fargo Financial institution (16)
|
2,348
|
-9.1%
|
2.58%
|
0.09%
|
–
|
|
PNC Financial institution (26)
|
1,788
|
-11.7%
|
1.97%
|
0.02%
|
–
|
|
Tri Metropolis Nationwide Financial institution (28)
|
1,674
|
-10.8%
|
1.84%
|
0.03%
|
–
|
|
North Shore Financial institution (33)
|
1,669
|
-3.3%
|
1.84%
|
0.18%
|
1
|
|
Financial institution 5 9 (15)
|
1,426
|
10.8%
|
1.57%
|
0.33%
|
2
|
|
Previous Nationwide Financial institution (7)
|
1,301
|
-0.2%
|
1.43%
|
0.17%
|
-1
|
|
Waterstone Financial institution (16)
|
1,254
|
-3.1%
|
1.38%
|
0.13%
|
-1
|
|
Waukesha State Financial institution (15)
|
1,156
|
-3.8%
|
1.27%
|
0.11%
|
–
|
|
The Huntington Nationwide Financial institution (17)
|
912
|
-11.2%
|
1.00%
|
0.01%
|
–
|
|
Residents Financial institution (12)
|
868
|
-2.8%
|
0.95%
|
0.09%
|
–
|
|
The Port Washington State Financial institution (8)
|
812
|
-3.8%
|
0.89%
|
0.08%
|
1
|
|
Westbury Financial institution (9)
|
761
|
-12.3%
|
0.84%
|
0.01%
|
-1
|
|
Financial institution First (3)
|
746
|
-2.4%
|
0.82%
|
0.08%
|
–
|
|
Group State Financial institution (7)
|
584
|
-3.9%
|
0.64%
|
0.05%
|
2
|
|
First Residents Financial institution & Belief Firm (7)
|
541
|
-12.1%
|
0.59%
|
0.00%
|
1
|
|
HTLF Financial institution* (5)
|
527
|
19.7%
|
0.58%
|
0.16%
|
4
|
|
Nice Midwest Financial institution (6)
|
522
|
7.0%
|
0.57%
|
0.10%
|
1
|
|
First American Financial institution (3)
|
490
|
36.5%
|
0.54%
|
0.19%
|
5
|
|
Nationwide Alternate Financial institution and Belief (8)
|
459
|
-3.6%
|
0.50%
|
0.04%
|
–
|
*HTLF beforehand reported as Wisconsin Financial institution & Belief
