Eau Claire-Menomonie, WI, a Combined Statistical Area, holds $4.3 billion in deposits across 24 insured institutions and 59 branches, and ranks #180 of 293 U.S. markets by economic output. Northwestern Bank is the largest deposit holder at 12.1% share. The top three banks hold 33% of deposits, which places the market in the Fragmented band.
Ranks show where the market stands among the 293 markets (Combined and Metropolitan Statistical Areas). They describe relative position, not a rating of market quality or suitability.
Deposit trend
Branches: 67 in 2021 to 59 in 2026. Institutions: 23 to 24. Top-three share: 38% to 33%. Average deposits per branch: $72M.
Institutions by deposits
| Institution | Deposits | Share | 5‑yr deposits |
|---|---|---|---|
| Northwestern Bank | $516M | 12.1% | +15% |
| Associated Bank | $468M | 11.0% | +18% |
| CCFBank | $428M | 10.1% | -4% |
| Nicolet National Bank | $425M | 10.0% | -27% |
| U.S. Bank | $334M | 7.8% | -48% |
| Wells Fargo Bank | $266M | 6.2% | +8% |
| Security Financial Bank | $245M | 5.8% | +26% |
| Security Bank | $216M | 5.1% | +82% |
| Old National Bank | $208M | 4.9% | -15% |
| BMO Bank | $187M | 4.4% | -9% |
| Dairy State Bank | $176M | 4.1% | +14% |
| Citizens State Bank | $155M | 3.7% | +19% |
| Unity Bank | $118M | 2.8% | -36% |
| Peoples State Bank of Plainview | $96M | 2.3% | +35% |
| Merchants Bank | $95M | 2.2% | +4% |
| Frandsen Bank & Trust | $83M | 2.0% | -20% |
| Oakwood Bank | $55M | 1.3% | +35% |
| Forward Bank | $52M | 1.2% | +19% |
| Citizens State Bank | $46M | 1.1% | +79% |
| Citizens State Bank of La Crosse | $29M | 0.7% | +43% |
| Independence State Bank | $19M | 0.4% | -11% |
| Prevail Bank | $16M | 0.4% | +354% |
| WNB Financial | $12M | 0.3% | +110% |
| Pillar Bank | $12M | 0.3% | no 2021 presence |
The 24 insured institutions with a branch presence in this market, per the FDIC Summary of Deposits, June 30, 2026. Five-year change compares the same institution’s deposits in 2021 and 2026. 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. “No 2021 presence” means neither the institution nor a bank it later absorbed reported deposits in this market that year. Deposit figures are nominal and are not adjusted for inflation.
Counties in this market
| County | State | GDP | Population | Share of Market GDP | |
|---|---|---|---|---|---|
| Eau Claire County | Wisconsin | $6.7B | 109,033 | 58.0% | 56.5% |
| Chippewa County | Wisconsin | $2.9B | 67,614 | 25.4% | 31.1% |
| Dunn County | Wisconsin | $1.9B | 46,223 | 16.6% | 12.4% |
Recruiting in the Eau Claire-Menomonie market
No single institution dominates deposits here, which often means more competitors of a size where a well-positioned team has room to compete. 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 this one.
See how we help banks recruit commercial banking talent