Failures by State
Bank Failures in Wisconsin
49 FDIC-insured banks headquartered in Wisconsin have failed since 1934. The most recent was Guaranty Bank on May 5, 2017. The worst year was 1938, with 7 failures. Failed banks held $3.93B in assets at closing.
49
Failures
1934 to 2017
$3.93B
Failed assets
At closing
$661.7M
Estimated DIF loss
FDIC estimate
→
All Wisconsin events
Mergers and enforcement too
Largest bank failures in Wisconsin
| Date | Bank | Assets |
|---|---|---|
| May 5, 2017 | Guaranty Bank | $1.03B |
| Nov 19, 2010 | First Banking Center | $750.7M |
| Sep 17, 2010 | Maritime Savings Bank | $350.5M |
| Oct 23, 2009 | Bank of Elmwood | $327.4M |
| Jan 28, 2011 | Evergreen State Bank | $240.9M |
| Mar 11, 2011 | Legacy Bank | $190.4M |
| Feb 17, 1989 | Community Saving & Loan | $185.4M |
| Jul 12, 1991 | Monycor Savings Bank | $151.7M |
| Oct 21, 1975 | American City Bank & Trust Company, N.A. | $147.6M |
| May 31, 2013 | Banks of Wisconsin | $134.0M |
Wisconsin bank failures by year
| Year | Failures | Failed assets |
|---|---|---|
| 2017 | 1 | $1.03B |
| 2016 | 1 | $67.1M |
| 2013 | 2 | $177.6M |
| 2011 | 3 | $515.2M |
| 2010 | 2 | $1.10B |
| 2009 | 1 | $327.4M |
| 2003 | 1 | $34.5M |
| 1991 | 1 | $151.7M |
| 1989 | 2 | $292.0M |
| 1986 | 1 | $40.0M |
| 1985 | 1 | $30.7M |
| 1975 | 2 | $152.7M |
| 1947 | 1 | $874K |
| 1942 | 2 | $975K |
| 1941 | 1 | $941K |
| 1940 | 3 | $457K |
| 1939 | 6 | $1.3M |
| 1938 | 7 | $1.4M |
| 1937 | 4 | $197K |
| 1936 | 1 | — |
| 1935 | 4 | $1.4M |
| 1934 | 2 | $241K |
Every bank failure in Wisconsin
| Date | Bank | Assets |
|---|---|---|
| May 5, 2017 | Guaranty Bank | $1.03B |
| Mar 11, 2016 | North Milwaukee State Bank | $67.1M |
| Aug 9, 2013 | Bank of Wausau | $43.6M |
| May 31, 2013 | Banks of Wisconsin | $134.0M |
| Mar 11, 2011 | Legacy Bank | $190.4M |
| Feb 11, 2011 | Badger State Bank | $83.8M |
| Jan 28, 2011 | Evergreen State Bank | $240.9M |
| Nov 19, 2010 | First Banking Center | $750.7M |
| Sep 17, 2010 | Maritime Savings Bank | $350.5M |
| Oct 23, 2009 | Bank of Elmwood | $327.4M |
| May 9, 2003 | The First National Bank of Blanchardville | $34.5M |
| Jul 12, 1991 | Monycor Savings Bank | $151.7M |
| Mar 30, 1989 | Durand FS & La | $106.6M |
| Feb 17, 1989 | Community Saving & Loan | $185.4M |
| Jun 20, 1986 | The American Bank | $40.0M |
| Jun 14, 1985 | Strong's Bank | $30.7M |
| Oct 21, 1975 | American City Bank & Trust Company, N.A. | $147.6M |
| May 30, 1975 | Algoma Bank | $5.2M |
| Dec 6, 1947 | Lyons State Bank | $874K |
| Oct 2, 1942 | Farmers Bank | $580K |
| Jul 6, 1942 | Farmer's and Merchant's Bank | $395K |
| Nov 29, 1941 | The First National Bank of Dodgeville | $941K |
| Oct 25, 1940 | Bank of Eagle | $457K |
| Jul 13, 1940 | Chaseburg State Bank | — |
| Jun 25, 1940 | Waushara County Bank | — |
| Sep 15, 1939 | The Farmers State Bank | $97K |
| May 29, 1939 | Bank of Hartland | $455K |
| Mar 18, 1939 | Eden State Bank | — |
| Mar 8, 1939 | State Bank of Forestville | $342K |
| Jan 12, 1939 | Bank of Hancock | — |
| Jan 4, 1939 | Oconto County State Bank | $386K |
| Dec 31, 1938 | Farmers State Bank | $51K |
| Dec 14, 1938 | Coleman State Bank | — |
| Aug 15, 1938 | State Bank of Rice Lake | $946K |
| Jun 3, 1938 | Leopolis State Bank | $205K |
| May 14, 1938 | Sussex State Bank | — |
| Apr 20, 1938 | Caroline State Bank | $168K |
| Jan 22, 1938 | The Woodman State Bank | — |
| Dec 17, 1937 | Big Falls State Bank | $103K |
| Nov 27, 1937 | Loganville State Bank | — |
| Aug 21, 1937 | Farmers and Merchants Bank | — |
| Jun 14, 1937 | Coloma State Bank | $94K |
| Dec 1, 1936 | Bank of Cambria | — |
| Dec 7, 1935 | Friendship State Bank | $147K |
| Nov 27, 1935 | Bank of Linden | $224K |
| Jun 24, 1935 | State Bank of Suamico | $161K |
| Jun 4, 1935 | Anchor State Bank | $891K |
| Nov 16, 1934 | The State Bank | $195K |
| Oct 11, 1934 | Farmers & Traders Bank | $46K |
Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.
Explore: all Wisconsin events · Wisconsin bank directory · all US bank failures · biggest failures by assets