Branch Presence
Banks with Branches in Madison, WI
First Business Bank is the biggest bank in Madison, WI, with $2.85B in deposits at its Madison branches, 19.5% of the city's total as of the June 30, 2026 FDIC Summary of Deposits.
18 banks operate 51 branches in Madison, WI, ranked below by local branch count from the FDIC Summary of Deposits. This counts every bank with a branch here, not only banks headquartered locally.
Deposit share is each bank's share of the $14.63B held in Madison, WI, as of the June 30, 2026 FDIC Summary of Deposits, ranked by deposits (#1 is largest). Banks that book deposits at a headquarters branch can show a share that exceeds their local customer base.
| Bank | Branches in Madison | Local deposits | Deposit share |
|---|---|---|---|
| BMO Bank N.A. | 7 | $2.60B | 17.8% (#2) |
| U.S. Bank N.A. | 7 | $1.76B | 12.0% (#4) |
| Old National Bank | 7 | $838.9M | 5.7% (#7) |
| Associated Bank, N.A. | 5 | $2.16B | 14.7% (#3) |
| JPMorgan Chase Bank, N.A. | 5 | $1.09B | 7.5% (#5) |
| The Park Bank | 5 | $643.5M | 4.4% (#8) |
| Wells Fargo Bank, N.A. | 2 | $521.9M | 3.6% (#9) |
| Capitol Bank | 2 | $405.0M | 2.8% (#10) |
| Johnson Bank | 2 | $35.4M | 0.2% (#15) |
| First Business Bank | 1 | $2.85B | 19.5% (#1) |
| Bankers' Bank | 1 | $951.9M | 6.5% (#6) |
| UMB Bank, N.A. | 1 | $350.0M | 2.4% (#11) |
| Bank CMG | 1 | $193.1M | 1.3% (#12) |
| Lake Ridge Bank | 1 | $87.2M | 0.6% (#13) |
| Town Bank, N.A. | 1 | $82.1M | 0.6% (#14) |
| Starion Bank | 1 | $25.4M | 0.2% (#16) |
| DMB Community Bank | 1 | $24.6M | 0.2% (#17) |
| Union Federal Savings and Loan Association | 1 | $2.8M | <0.1% (#18) |
County deposit market: Dane, WI
The $26.10B held across 33 FDIC-insured banks in this county, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Dane, WI market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | BMO Bank N.A. | 12.6% | $3.28B | 13 |
| 2 | First Business Bank | 10.9% | $2.85B | 1 |
| 3 | Associated Bank, N.A. | 10.6% | $2.76B | 10 |
| 4 | Lake Ridge Bank | 9.8% | $2.55B | 16 |
| 5 | U.S. Bank N.A. | 7.5% | $1.96B | 9 |
| 6 | John Deere Financial, F.S.B. | 6.0% | $1.56B | 1 |
| 7 | One Community Bank | 5.7% | $1.49B | 8 |
| 8 | JPMorgan Chase Bank, N.A. | 4.8% | $1.26B | 8 |
| 9 | The Park Bank | 4.8% | $1.25B | 10 |
| 10 | Old National Bank | 4.2% | $1.11B | 11 |
Metro area deposit market: Madison, WI
The $30.15B held across 41 FDIC-insured banks in this metro area, as of the June 30, 2026 FDIC Summary of Deposits. The 10 largest are shown; see every bank in the Madison, WI market with its change from a year earlier. Banks only: credit unions are not in the Summary of Deposits.
| Rank | Bank | Deposit share | Deposits | Branches |
|---|---|---|---|---|
| 1 | BMO Bank N.A. | 11.5% | $3.46B | 16 |
| 2 | Associated Bank, N.A. | 10.4% | $3.13B | 13 |
| 3 | First Business Bank | 9.5% | $2.85B | 1 |
| 4 | Lake Ridge Bank | 8.6% | $2.59B | 17 |
| 5 | U.S. Bank N.A. | 6.9% | $2.07B | 10 |
| 6 | John Deere Financial, F.S.B. | 5.2% | $1.56B | 1 |
| 7 | One Community Bank | 4.9% | $1.49B | 8 |
| 8 | JPMorgan Chase Bank, N.A. | 4.2% | $1.26B | 8 |
| 9 | The Park Bank | 4.1% | $1.25B | 10 |
| 10 | Old National Bank | 3.7% | $1.11B | 11 |
Banks in Madison: common questions
What is the biggest bank in Madison, WI?
First Business Bank is the biggest bank in Madison, WI, with $2.85B in deposits at its Madison branches, 19.5% of the city's total as of the June 30, 2026 FDIC Summary of Deposits.
How many banks are in Madison, WI?
18 FDIC-insured banks operate 51 branches in Madison, WI as of the June 30, 2026 FDIC Summary of Deposits. This counts every bank with a branch in the city, not only banks headquartered there. Credit unions are not in the Summary of Deposits.
What are the largest banks in Madison, WI?
Ranked by deposits held in Madison branches as of the June 30, 2026 FDIC Summary of Deposits: 1. First Business Bank (19.5%); 2. BMO Bank N.A. (17.8%); 3. Associated Bank, N.A. (14.7%); 4. U.S. Bank N.A. (12.0%); 5. JPMorgan Chase Bank, N.A. (7.5%). The share is each bank's part of all deposits in the city.
Largest banks in Wisconsin
For the state as a whole, see the largest banks in Wisconsin, ranked by total assets and by deposits in Wisconsin branches, or every bank in the Wisconsin bank directory.
Banks in other Wisconsin cities:
About this data
Branch counts and local deposits come from the FDIC Summary of Deposits, the annual June 30 survey of branch-office deposits for every FDIC-insured bank. Click any bank to see its full regulatory profile and complete branch network. Looking for banks headquartered here instead? See the US bank directory.