Lists · Deposits by metro area
Madison, WI Metro Area Bank Deposit Market Share
BMO Bank N.A. holds the largest share of deposits in the Madison, WI metro area, 11.5%, followed by Associated Bank, N.A. (10.4%) and First Business Bank (9.5%). 41 institutions hold $30.15B at 171 offices as of June 30, 2026, up 2.7% from 2025.
Largest share changes since 2025
Gained: First Business Bank (0.57 points); Associated Bank, N.A. (0.51 points); Lake Ridge Bank (0.50 points).
Lost: JPMorgan Chase Bank, N.A. (-0.53 points); UMB Bank, N.A. (-0.52 points); BMO Bank N.A. (-0.40 points).
| # | Institution | Deposits | Market share | Share change from 2025 |
|---|---|---|---|---|
| 1 | BMO Bank N.A. | $3.46B | 11.46% | -0.40 pts |
| 2 | Associated Bank, N.A. | $3.13B | 10.37% | +0.51 pts |
| 3 | First Business Bank | $2.85B | 9.46% | +0.57 pts |
| 4 | Lake Ridge Bank | $2.59B | 8.59% | +0.50 pts |
| 5 | U.S. Bank N.A. | $2.07B | 6.85% | -0.23 pts |
| 6 | John Deere Financial, F.S.B. | $1.56B | 5.18% | -0.01 pts |
| 7 | One Community Bank | $1.49B | 4.94% | +0.18 pts |
| 8 | JPMorgan Chase Bank, N.A. | $1.26B | 4.17% | -0.53 pts |
| 9 | The Park Bank | $1.25B | 4.13% | +0.09 pts |
| 10 | Old National Bank | $1.11B | 3.67% | -0.39 pts |
| 11 | Bankers' Bank | $951.9M | 3.16% | +0.12 pts |
| 12 | UMB Bank, N.A. | $671.4M | 2.23% | -0.52 pts |
| 13 | Bank of Wisconsin Dells | $667.3M | 2.21% | +0.05 pts |
| 14 | Johnson Bank | $658.8M | 2.19% | +0.14 pts |
| 15 | Wells Fargo Bank, N.A. | $656.1M | 2.18% | -0.04 pts |
| 16 | Bank of Sun Prairie | $606.3M | 2.01% | -0.08 pts |
| 17 | DMB Community Bank | $583.6M | 1.94% | +0.01 pts |
| 18 | The Bank of New Glarus | $478.4M | 1.59% | +0.11 pts |
| 19 | Capitol Bank | $473.0M | 1.57% | -0.18 pts |
| 20 | Farmers & Merchants Union Bank | $465.3M | 1.54% | -0.16 pts |
| 21 | Oak Bank | $419.6M | 1.39% | -0.01 pts |
| 22 | Farmers Savings Bank | $404.0M | 1.34% | +0.03 pts |
| 23 | Bank First, N.A. | $338.1M | 1.12% | +0.48 pts |
| 24 | Bank CMG | $298.5M | 0.99% | +0.23 pts |
| 25 | Woodford State Bank | $265.4M | 0.88% | +0.01 pts |
| 26 | The Bank of Brodhead | $238.3M | 0.79% | +0.09 pts |
| 27 | The Bank of Deerfield | $230.5M | 0.76% | +0.07 pts |
| 28 | The Peoples Community Bank | $162.8M | 0.54% | -0.02 pts |
| 29 | Starion Bank | $115.8M | 0.38% | 0.00 pts |
| 30 | Mound City Bank | $115.6M | 0.38% | +0.07 pts |
| 31 | National Exchange Bank and Trust | $91.5M | 0.30% | -0.02 pts |
| 32 | Royal Bank | $83.8M | 0.28% | +0.01 pts |
| 33 | Town Bank, N.A. | $82.1M | 0.27% | -0.31 pts |
| 34 | Farmers & Merchants State Bank | $77.3M | 0.26% | +0.01 pts |
| 35 | Baraboo State Bank | $52.9M | 0.18% | -0.01 pts |
| 36 | Incrediblebank | $52.6M | 0.17% | +0.03 pts |
| 37 | Badger Bank | $51.3M | 0.17% | +0.01 pts |
| 38 | Fortifi Bank | $40.4M | 0.13% | +0.00 pts |
| 39 | Highland State Bank | $38.7M | 0.13% | +0.00 pts |
| 40 | Great Midwest Bank, State Savings Bank | $23.6M | 0.08% | -0.01 pts |
| 41 | Union Federal Savings and Loan Association | $2.8M | <0.01% | +0.00 pts |
About this list
Deposits are those held at each institution's offices in Madison, WI (the Census Bureau core based statistical area) as of June 30, 2026, from the FDIC Summary of Deposits, whatever state the institution is headquartered in. Market share is the institution's deposits divided by all deposits in the market. Shares are by bank charter, not rolled up to the holding company, and cover FDIC-insured institutions only, so credit unions are not included. Each office is placed in its county and metro area by the FDIC branch directory; the few offices the directory does not list are left out of the market and of every share.
Share change compares the institution's share in 2025 and 2026 in percentage points. Deposit change compares its deposits here in the two years and includes deposits that moved through mergers and branch sales; "New" means it had no offices here a year earlier. Offices that closed during the year are placed by their ZIP code or city.
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Statewide deposits
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