Failed Bank List

Bank failures in Wisconsin

Wisconsin has 49 bank failures on FDIC record since 1934, 1.4% of the national total and the 19th-highest count of any state or territory. The worst year was 1938, with 7. Since 2000 there have been 11; the most recent was Guaranty Bank, (d/b/a BestBank in Georgia & Michigan) on May 5, 2017. The largest by assets was Guaranty Bank, (d/b/a BestBank in Georgia & Michigan) of Milwaukee, with $1.0 billion, in 2017.

Bank failures in Wisconsin per year024681934: 21935: 41936: 11937: 41938: 71939: 61940: 31941: 11942: 21947: 11975: 21985: 11986: 11989: 21991: 12003: 12009: 12010: 22011: 32013: 22016: 12017: 1194019501960197019801990200020102020
Failures per year in Wisconsin. By decade: 1930s 24, 1940s 7, 1970s 2, 1980s 4, 1990s 1, 2000s 2, 2010s 9. Most failures by city: Milwaukee (4), Dodgeville (2).
11 failures since 2000, newest first
ClosedBankLocationTotal assetsEst. loss
May 5, 2017Guaranty Bank, (d/b/a BestBank in Georgia & Michigan)Milwaukee, WI$1.0 billion$132 million
March 11, 2016North Milwaukee State BankMilwaukee, WI$67.1 million$11.8 million
August 9, 2013Bank of WausauWausau, WI$43.6 million$13.4 million
May 31, 2013Banks of Wisconsin d/b/a Bank of KenoshaKenosha, WI$134 million$22.5 million
March 11, 2011Legacy BankMilwaukee, WI$190 million$73.7 million
February 11, 2011Badger State BankCassville, WI$83.8 million$19.5 million
January 28, 2011Evergreen State BankStoughton, WI$241 million$28.1 million
November 19, 2010First Banking CenterBurlington, WI$751 million$86.1 million
September 17, 2010Maritime Savings BankWest Allis, WI$350 million$88.4 million
October 23, 2009Bank of ElmwoodRacine, WI$327 million$99.5 million
May 9, 2003First National Bank of BlanchardvilleBlanchardville, WI$34.5 million$12.8 million
38 failures from 1934 to 1999, newest first
ClosedBankLocationTotal assetsEst. loss
July 12, 1991Monycor Savings Bank, FSBBarron, WI$152 million$1.9 million
March 30, 1989Durand Federal Savings and Loan AssociationDurand, WI$107 million$41.8 million
February 17, 1989Community Savings and Loan AssociationFond Du Lac, WI$185 million$27.2 million
June 20, 1986The American BankAlma, WI$40.0 million$3.3 million
June 14, 1985Strong's BankDodgeville, WI$30.7 million$2 thousand
October 21, 1975American City Bank & Trust Company, National AssociationMilwaukee, WI$148 millionnot estimated
May 30, 1975Algoma BankAlgoma, WI$5.2 millionnot estimated
December 6, 1947Lyons State BankLyons, WI$874 thousandnot estimated
October 2, 1942Farmers BankLone Rock, WI$580 thousandnot estimated
July 6, 1942Farmer's and Merchant's BankCochrane, WI$395 thousandnot estimated
November 29, 1941The First National Bank of DodgevilleDodgeville, WI$941 thousandnot estimated
October 25, 1940Bank of EagleEagle, WI$457 thousandnot estimated
July 13, 1940Chaseburg State BankChaseburg, WInot reportednot estimated
June 25, 1940Waushara County BankPlainfield, WInot reportednot estimated
September 15, 1939The Farmers State BankCato, WI$97 thousandnot estimated
May 29, 1939Bank of HartlandHartland, WI$455 thousandnot estimated
March 18, 1939Eden State BankEden, WInot reportednot estimated
March 8, 1939State Bank of ForestvilleForestville, WI$342 thousandnot estimated
January 12, 1939Bank of HancockHancock, WInot reportednot estimated
January 4, 1939Oconto County State BankOconto Falls, WI$386 thousandnot estimated
December 31, 1938Farmers State BankCanton, WI$51 thousandnot estimated
December 14, 1938Coleman State BankColeman, WInot reportednot estimated
August 15, 1938State Bank of Rice LakeRice Lake, WI$946 thousandnot estimated
June 3, 1938Leopolis State BankLeopolis, WI$205 thousandnot estimated
May 14, 1938Sussex State BankSussex, WInot reportednot estimated
April 20, 1938Caroline State BankCaroline, WI$168 thousandnot estimated
January 22, 1938The Woodman State BankWoodman, WInot reportednot estimated
December 17, 1937Big Falls State BankBig Falls, WI$103 thousandnot estimated
November 27, 1937Loganville State BankLoganville, WInot reportednot estimated
August 21, 1937Farmers and Merchants BankBrillion, WInot reportednot estimated
June 14, 1937Coloma State BankColoma, WI$94 thousandnot estimated
December 1, 1936Bank of CambriaCambria, WInot reportednot estimated
December 7, 1935Friendship State BankFriendship, WI$147 thousandnot estimated
November 27, 1935Bank of LindenLinden, WI$224 thousandnot estimated
June 24, 1935State Bank of SuamicoSuamico, WI$161 thousandnot estimated
June 4, 1935Anchor State BankWest Milwaukee, WI$891 thousandnot estimated
November 16, 1934The State BankSauk City, WI$195 thousandnot estimated
October 11, 1934Farmers & Traders BankPorterfield, WI$46 thousandnot estimated

Filter Wisconsin failures in the explorer · All states