Walworth County, Wisconsin, a core county of the Milwaukee-Racine-Waukesha, WI market, holds $2.4B in deposits across 14 insured institutions and 32 branches. Town Bank, National Association is the largest deposit holder at 17.2% share. The top three institutions hold 44.8% of deposits, which places the county in the fragmented band. Deposits have grown 26.4% since 2020 while the branch count fell by 2. It produces $4.9B of output, ranking #606 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 34 in 2020 to 32 in 2025. Institutions: 14 to 14. Top-three share: 43.0% to 44.8%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Town Bank, National Association | $416M | 17.2% | +44% |
| The First National Bank and Trust Company | $334M | 13.9% | +15% |
| First Citizens State Bank | $330M | 13.7% | +37% |
| Associated Bank, National Association | $263M | 10.9% | +8% |
| U.S. Bank National Association | $240M | 10.0% | +29% |
| BMO Bank National Association | $227M | 9.4% | +23% |
| JPMorgan Chase Bank, National Association | $226M | 9.4% | +11% |
| Citizens Bank | $93M | 3.9% | +34% |
| PremierBank | $73M | 3.0% | +10% |
| PNC Bank, National Association | $61M | 2.5% | +38% |
The 10 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 Milwaukee-Racine-Waukesha market
Walworth County is one of 8 counties that make up the Milwaukee-Racine-Waukesha, WI market, a Combined Statistical Area (ranked #37 of 293 U.S. markets by economic output). It produces 3.7% of the market’s output and holds 2.7% of its deposits.
| Measure | Walworth County | Share of Milwaukee-Racine-Waukesha market |
|---|---|---|
| 2024 GDP | $4.9B | 3.7% |
| Deposits | $2.4B | 2.7% |
| Population | 106,127 | 5.2% |
View the full Milwaukee-Racine-Waukesha market profile →
Recruiting in Walworth County
Deposits are spread across a competitive field of institutions, so the bankers worth recruiting are dispersed across more of them. 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 Walworth County, on a retained basis.
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