Safest Banks in Wisconsin 2026
Wisconsin has 141 FDIC-insured banks with an average Bank Health Score of 67/100 (B). The safest bank is Thrivent Trust Co with a score of 100/100.
Data from FDIC Q2 2024
141 Wisconsin banks are ranked below by the BankHealth composite score. The composite weights Tier 1 capital ratio (35%), inverted non-performing loan ratio (30%), liquidity ratio (25%), and return on assets (10%) into a 0-100 grade.
Top-of-list banks combine strong capital with clean loan books and reasonable profitability. Bottom-of-list banks face pressure on one or more scoring factors — most often elevated NPL ratios or thin profitability margins. Each bank links to its full profile with multi-quarter trend charts, the four composite factor breakdowns, and the underlying FDIC Call Report data.
Wisconsin's 141 FDIC-insured banks hold a combined $144.1B in assets. Their average Bank Health Score of 67/100 sits 3.0 points below the national average of 70/100. Across the state, 55% of banks earn an A or B grade for financial health, while 17% fall to a D or F.
The largest bank headquartered in Wisconsin is Associated Bank NA with $41.6B in assets and a Bank Health Score of 70/100. The strongest by score is Thrivent Trust Co in Appleton (100/100, Tier 1 capital 288.00%). The weakest is Headwaters State Bank at 16/100, dragged down by an NPL ratio of 7.53%.
All scores below come from the latest FDIC BankFind Call Report (Q2 2024). The Bank Health Score weights Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%) — the four metrics regulators watch most closely when judging whether a bank is well-capitalized. Every bank with FDIC insurance covers up to $250,000 per depositor per ownership category, but the score helps you tell apart banks that are comfortably well-capitalized from those operating closer to the line.
Top 3 Safest Banks in Wisconsin
Thrivent Trust Co
Appleton, WI
Wisconsin's top-rated bank, with a Tier 1 capital ratio of 288.00% — well above the federal "well-capitalized" threshold of 8%. Holds $16M in assets.
Northern State Bank
Ashland, WI
Second-strongest in the state on capital and loan quality. NPL ratio sits at 0.10% with $303M in total assets.
Nekoosa Port Edwards Stb
Nekoosa, WI
Third in the rankings on the Bank Health Score. Liquidity ratio of 33.90% and ROA of 1.65%.
Top 20 of 141 Banks in Wisconsin
| # | Bank | City | Grade | Score | Tier 1 Capital | NPL Ratio |
|---|---|---|---|---|---|---|
| 1 | Thrivent Trust Co | Appleton | A | 100 | 288.00% | 0.00% |
| 2 | Northern State Bank | Ashland | A | 99 | 17.21% | 0.10% |
| 3 | Nekoosa Port Edwards Stb | Nekoosa | A | 99 | 27.25% | 0.00% |
| 4 | Bank of Prairie du Sac | Prairie du Sac | A | 98 | 20.47% | 0.14% |
| 5 | Baraboo State Bank | Baraboo | A | 97 | 19.04% | 0.03% |
| 6 | Bluff View Bank | Galesville | A | 97 | 20.72% | 0.02% |
| 7 | Royal Bank | Elroy | A | 96 | 15.60% | 0.17% |
| 8 | Pineries Bank | Stevens Point | A | 96 | 20.69% | 0.23% |
| 9 | First Nb of River Falls | River Falls | A | 95 | 16.58% | 0.02% |
| 10 | Citizens State Bank of Loyal | Loyal | A | 95 | 14.95% | 0.00% |
| 11 | Dairy State Bank | Rice Lake | A | 94 | 19.48% | 0.08% |
| 12 | Bay Bank | Green Bay | A | 94 | 21.21% | 0.89% |
| 13 | Bank of Cashton | Cashton | A | 93 | 15.15% | 0.00% |
| 14 | Farmers&Merchants Union Bank | Columbus | A | 93 | 18.32% | 0.00% |
| 15 | Cumberland Federal Bank FSB | Cumberland | A | 93 | 17.60% | 0.49% |
| 16 | Peshtigo National Bank | Peshtigo | A | 93 | 15.30% | 0.01% |
| 17 | State Bank Financial | La Crosse | A | 92 | 14.26% | 0.32% |
| 18 | Bonduel State Bank | Bonduel | A | 91 | 21.06% | 0.80% |
| 19 | Chippewa Valley Bank | Hayward | A | 88 | 12.63% | 0.29% |
| 20 | Clare Bank National Assn | Platteville | A | 87 | 29.05% | 0.84% |
Bank Health Scores for Wisconsin are calculated from FDIC Call Report data including Tier 1 capital ratios, nonperforming loan ratios, liquidity ratios, and return on assets.
Frequently Asked Questions
Based on our Bank Health Score analysis of FDIC data, Thrivent Trust Co in Appleton is currently the safest bank in Wisconsin with a score of 100/100 (Grade A). It posts a Tier 1 capital ratio of 288.00% and a nonperforming loan ratio of 0.00%.
Wisconsin has 141 FDIC-insured banks with a combined $144.1B in total assets. The average Bank Health Score across the state is 67/100 (Grade B).
Wisconsin's average Bank Health Score of 67/100 is 3.0 points below the national average of 70/100. 55% of banks in Wisconsin earn an A or B grade, compared with the national average grade of B.
Of 141 FDIC-insured banks headquartered in Wisconsin, 40 earn an A, 37 a B, 40 a C, 18 a D, and 6 an F. The most common grade is B.
The Bank Health Score (0-100) is based on four FDIC-reported metrics: Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%). Higher scores indicate stronger financial health. Every score uses the latest FDIC Call Report data.
Bank Health Scores are computed from quarterly FDIC Call Report data. Tier 1 capital ratio (35%), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).