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FDIC: U.S. Bank has highest market share in Wisconsin

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U.S. Bank sign
U.S. Bank sign

MILWAUKEE (WTAQ) - U.S. Bank has the highest market share among all banks in Wisconsin.

That’s according to the FDIC, which says U.S. Bank had just over $20 of every $100 which were on deposit after June 30th.

The FDIC said U.S. Bank had almost $27 billion in deposits at its Wisconsin locations.

U.S. Bank is the former First Wisconsin bank which used to be based in Milwaukee. It’s now headquartered in Minneapolis.

BMO Harris Bank is the state’s second most popular, with $21 billion in deposits and a statewide market share of 19.3 percent. BMO Harris is the former M&I Bank based in Milwaukee.

Associated Bank, which is now the state’s largest home-owned bank, is 3rd in market share. The FDIC said it had deposits of $10.7 billion at the end of June, with a market share of just over 8 percent.

Wells Fargo is 4th with a 3 percent share. 

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