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Wisconsin: Banks’ Economic Impact

Banks support Wisconsin's economy with consumer, business and other loans, and by providing more than 33,000 people with a rewarding place to work.

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Jobs

Jobs

  • 33,216Employees

  • $3.2 BTotal Annual Compensation & Benefits

  • $96,877Average Total Compensation & Benefits

  • 159Banks Headquartered in State

Source: FDIC Call Report 2023Q4, Bureau of Labor Statistics 2023, ABA analysis

Lending

Lending

  • $11.5 BNew Home Loans Booked in 2023

  • 41,974Number of New Home Loans in 2023

  • $245,000Median New Home Loan Size in 2023

  • $10.7 BSmall Business Loans

  • 290 KNumber of Small Business Loans

  • $36,970Average Small Business Loan

  • $744.9 MSmall Farm Loans

  • 11,208Number of Small Farm Loans

  • $66,462Average Small Farm Loan

Loan Pools Making Lives Better

Bank Five Nine’s mission is to Make Lives Better, and they did just that when they created special loan pool programs in the communities they serve, in absence of other funding sources. Now with 11 active programs, these funds have contributed more than $5.5M to nearly 200 local, downtown businesses.

Source: FFIEC HMDA 2023, FFIEC CRA 2023, FDIC Call Report 2023Q4, ABA analysis

Customers

Customers

  • $196 BDeposits

  • 194Banks Operating Branches

  • 1,688Branches & Offices

  • 680Branches Offering Low Fee Bank On-certified Accounts

Dementia Friendly Banking

More than 150 employees of Wausau, Wisconsin’s Incredible Bank have completed the bank’s Dementia Friendly Training Program, aimed at protecting and empowering vulnerable customers struggling with dementia.

Source: FDIC Summary of Deposits 2023Q4, CFE Fund, ABA analysis

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