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FinObservatory

County banking markets / WI / 55017

ChippewaWisconsin

FIPS 55017. Branch offices reported to the FDIC Summary of Deposits, June 30 of each survey year, 19942025. One of 72 counties in Wisconsin’s 2025 survey.

24
Branch offices
June 30, 2025
13
Institutions
12 in 1994
1,354
Branch-count HHI
unconcentrated (2010 HMG)
1,650
Deposit HHI
see the caveat below

Concentration, 19942025

Branch-count HHI squares each institution’s share of the county’s branch offices; deposit HHI squares its share of county deposits. The bands are the 2010 Horizontal Merger Guidelines classification, the dashed line the 1,800 level above which the Federal Reserve reviews a merger centrally. In 2025 this market is unconcentrated on branches (1,354) and moderately concentrated on deposits (1,650).

Branch-count HHIDeposit HHI
01,0002,0003,0001,800 (Fed screen)19942000201020202025

Source: FDIC Summary of Deposits | DOJ & FTC, Horizontal Merger Guidelines (2010), section 5.3 | Federal Reserve, Competitive Effects of Mergers and Acquisitions FAQs Both indices computed from the SOD branch rows for this county, June 30 of each survey year. Neither is the Fed's screen HHI: no thrift weighting, no exclusion of specialty and internet banks, no central-booking adjustment. Methodology

Branches and institutions

23 branch offices and 12 institutions in 1994; 24 and 13 in 2025. Deposits booked in the county went from $473.8M to $1.22B, nominal.

Branch officesInstitutions
010203019942000201020202025

Source: FDIC Summary of Deposits FDIC Summary of Deposits, June 30 of each survey year, 1994-2025. Methodology

Who holds the deposits, 2025

Every institution with a branch in the county, ranked by deposits booked here. Both shares are shown because they are the two indices above: squaring and summing the deposit column gives the deposit HHI, the branch column the branch-count HHI.

#InstitutionDepositsDeposit shareBranchesBranch share
1Northwestern Bank cert 2468$392.2M32.08%520.83%
2Security Financial Bank cert 14222$155.5M12.72%14.17%
3Security Bank cert 10015$152.6M12.48%28.33%
4Citizens State Bank cert 2467$151.5M12.39%625.00%
5Associated Bank, National Association cert 5296$87.8M7.18%28.33%
6U.S. Bank National Association cert 6548$76.5M6.26%14.17%
7BMO Bank National Association cert 16571$64.5M5.28%14.17%
8Forward Bank cert 28530$43.2M3.54%14.17%
9Citizens Community Federal National Association cert 57265$40.0M3.27%14.17%
10Dairy State Bank cert 17162$29.2M2.39%14.17%
11Pillar Bank cert 5336$14.5M1.19%14.17%
12Nicolet National Bank cert 57038$11.9M0.97%14.17%
13Independence State Bank cert 10741$3.1M0.25%14.17%

Source: FDIC Summary of Deposits June 30, 2025. Branch rows grouped by FDIC certificate; names as reported to the survey. Deposit share is n/a where the county's total SOD deposits are zero. Methodology

Back to county banking markets, up to Wisconsin, or read the methodology for the two HHI constructions and what they cannot tell you.