Market Intelligence

Winnebago County, WI

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

Winnebago County, Wisconsin, a core county of the Appleton-Oshkosh-Neenah, WI market, holds $2.5B in deposits across 15 insured institutions and 28 branches. Associated Bank, National Association is the largest deposit holder at 22.1% share. The top three institutions hold 50.6% of deposits, which places the county in the moderately concentrated band. Deposits have grown 1.7% since 2020 while the branch count fell by 4. It produces $11.1B of output, ranking #336 of the 1,523 counties within a CSA or MSA by economic output.

2024 Real GDP
$11.1B
#336 of 1,523
Total Deposits
$2.5B
#578 of 1,523
Population
174,218
#403 of 1,523
GDP per Capita
$63,754
#284 of 1,523
Insured Institutions
15
#391 of 1,523
Deposits per Branch
$88M
#766 of 1,523
Deposits per Capita
$14,167
#1,242 of 1,523
Branches per 100k Pop.
16.1
#1,233 of 1,523
Median Institution Size
$117M
Median deposits of the institutions operating in the county. #751 of 1,523. A smaller figure signals a market served mainly by community-scale banks.
Community & Regional Bank Share
66.5%
of market deposits held by banks with $100M to $50B in assets. #736 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: moderately concentrated
50.6%
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+1.7% over 5 years
$2.4B
2020
$2.6B
2021
$2.6B
2022
$2.5B
2023
$2.5B
2024
$2.5B
2025

Branches: 32 in 2020 to 28 in 2025. Institutions: 15 to 15. Top-three share: 54.6% to 50.6%.

Leading institutions by deposits

InstitutionDepositsShareBranches5‑yr
Associated Bank, National Association$544M22.1%5-9%
Nicolet National Bank$442M17.9%3-13%
West Pointe Bank$264M10.7%1+18%
JPMorgan Chase Bank, National Association$218M8.8%2+7%
U.S. Bank National Association$209M8.5%2+2%
BMO Bank National Association$201M8.1%3+10%
Old National Bank$143M5.8%2+16%
Bank First, N.A.$117M4.7%1+3%
Fortifi Bank$96M3.9%3+39%
Horicon Bank$64M2.6%1+34%

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 Appleton-Oshkosh-Neenah market

Winnebago County is one of 3 counties that make up the Appleton-Oshkosh-Neenah, WI market, a Combined Statistical Area (ranked #109 of 293 U.S. markets by economic output). It produces 42.6% of the market’s output and holds 33.2% of its deposits.

MeasureWinnebago CountyShare of Appleton-Oshkosh-Neenah market
2024 GDP$11.1B42.6%
Deposits$2.5B33.2%
Population174,21841.1%

View the full Appleton-Oshkosh-Neenah market profile →

Recruiting in Winnebago County

Deposits are split among a moderate 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 Winnebago County, on a retained basis.

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