Market Intelligence

Vernon County, WI

Banking market profile · FDIC Summary of Deposits, June 30, 2025

Vernon County, Wisconsin, a county in the La Crosse-Onalaska-Sparta, WI-MN market, holds $668M in deposits across 7 insured institutions and 15 branches. One Community Bank is the largest deposit holder at 25.4% share. The top three institutions hold 65.3% of deposits, which places the county in the concentrated band. Deposits have grown 21.1% since 2020 while the branch count rose by 1. It produces $1.2B of output, ranking #1,136 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$1.2B
#1,136 of 1,523
Total Deposits
$668M
#1,105 of 1,523
Population
31,443
#1,143 of 1,523
GDP per Capita
$38,586
#943 of 1,523
Insured Institutions
7
#1,018 of 1,523
Deposits per Branch
$45M
#1,431 of 1,523
Deposits per Capita
$21,231
#815 of 1,523
Branches per 100k Pop.
47.7
#124 of 1,523
Median Institution Size
$69M
Median deposits of the institutions operating in the county. #1,211 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
89.7%
of market deposits held by banks with $100M to $50B in assets. #326 of 1,523. A higher share points to a market where small to mid-size institutions, the kind that compete on relationships and local decision-making, hold more ground.
Top-3 Deposit Share: concentrated
65.3%
The combined deposit share of the three largest institutions in the county. A lower share means deposits are spread across more institutions.

Deposit trend

Total county deposits, 2020 to 2025+21.1% over 5 years
$551M
2020
$599M
2021
$619M
2022
$589M
2023
$635M
2024
$668M
2025

Branches: 14 in 2020 to 15 in 2025. Institutions: 7 to 7. Top-three share: 68.3% to 65.3%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
One Community Bank$169M25.4%3no 2020 presence
Citizens First Bank$157M23.5%1+15%
River Bank$109M16.4%4+1%
Bank of Ontario$69M10.3%3+59%
Peoples State Bank$66M9.8%1+3%
Royal Bank$55M8.2%2+59%
Associated Bank, National Association$43M6.4%1+27%

The 7 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. Even so, a large gain can reflect acquisition rather than competitive growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.

Part of the La Crosse-Onalaska-Sparta market

Vernon County is one of 4 counties that make up the La Crosse-Onalaska-Sparta, WI-MN market, a Combined Statistical Area (ranked #178 of 293 U.S. markets by economic output). It produces 10.3% of the market’s output and holds 11.7% of its deposits.

MeasureVernon CountyShare of La Crosse-Onalaska-Sparta market
2024 GDP$1.2B10.3%
Deposits$668M11.7%
Population31,44314.4%

View the full La Crosse-Onalaska-Sparta market profile →

Recruiting in Vernon County

Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Vernon County, on a retained basis.

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