Wisconsin Bank & Trust started in 1911 and has its headquarters in Madison, Wisconsin. It has assets of $1 billion and $891 million in deposits, classifying it as a medium-size bank. Wisconsin Bank & Trust lacks premium access to customer service, with no live chat or all-day service options available. It is a conventional brick-and-mortar bank with access to service representatives at a physical location, in addition to its online and mobile offerings. We ranked Wisconsin Bank & Trust at a 4.2 out of 5 stars, which means it is a solid contender in your bank search. Wisconsin Bank & Trust provides customers with a full suite of product offerings, which include savings accounts, checking accounts, money market accounts, CDs, IRAs, mortgage products and credit cards. Wisconsin Bank & Trust has a fair savings rate; you can find higher rates with other banks. If you're interested in stress-free personal checking, Wisconsin Bank & Trust's standard checking does not carry a monthly fee. Obtaining a checking account with no monthly fee, in addition to a savings account with a high APY at the same bank is the best bet for gaining the most income on your deposits while maintaining easy access to your money.
The overall rating is a weighted average of rates, fees, service quality and financial health.Read more
Wisconsin Bank & Trust has a savings rate of 0.30%, which is poor compared to the average U.S. bank. Wisconsin Bank & Trust's one-year and five-year term lengths CDs earn at a rate of 1.71% and 2.52%, respectively, while its highest-yielding money market account earns at an APY of 0.55%. Given its poor savings rate, you should think about looking elsewhere to open savings accounts.
How Wisconsin Bank & Trust's Savings Rates Compare
Wisconsin Bank & Trust charges customers average fees in comparison to the average U.S. bank. Wisconsin Bank & Trust's checking account has no monthly fee, ranking it excellent for anyone looking for a simple account. For those who will need cash in a pinch, Wisconsin Bank & Trust is not great because it charges an out-of-network ATM fee of $2.50, which is less than the best option as compared against the national average. Additionally, at $35.00, Wisconsin Bank & Trust has a lower overdraft fee compared to that of other U.S. banks. Wisconsin Bank & Trust unfortunately does not refund out-of-network ATM charges, meaning you'll need to find a Wisconsin Bank & Trust ATM or accept the fee.
Wisconsin Bank & Trust is a brick-and-mortar bank, with 20 total bank locations in Wisconsin. It also offers access to mobile and web apps for a straightforward mobile-banking experience. Wisconsin Bank & Trust receives poor marks from users for its online presence. With 67 customer reviews on both Apple and Android platforms, the Wisconsin Bank & Trust mobile app is scored at 2.9 out of 5 (compared to the national average of 3.8). Wisconsin Bank & Trust's mobile app lets you control your funds by reviewing monthly statements, transferring funds as well as reaching support representatives. Wisconsin Bank & Trust gets an outstanding consumer satisfaction score based on relatively few complaints registered with the Consumer Financial Protection Bureau (CFPB), a government agency that protects consumers in the financial sector.
Wisconsin Bank & Trust is a medium-size bank and has assets totaling $1 billion and $891 million in deposits. It has an excellent Texas Ratio of 3.72%, suggesting a minute possibility of failure. Additionally, Wisconsin Bank & Trust is FDIC-insured, meaning that your money is insured up to $250,000, even in the event of bank failure.
Texas Ratio Analysis
The Texas Ratio, a measure of a "bad assets" against available capital, can provide an early warning sign of bank failure. A low ratio indicates smaller chance of failure; a higher ratio suggests greater risk.Back to Overview
Compare Wisconsin Bank & Trust to Other Competitive Offers
|Product||Current Terms and Rates||Minimum Balance for APY|
|Savings Account||0.3% APY||$1|
|Checking Account||0.505% APY||$1|
|Certificates of Deposit|| ||$1000 for all terms|
|Money Market Account||0.45% APY||$10000|
Wisconsin Bank & Trust has several deposit products including savings accounts, checking accounts, money market accounts and CDs to give you many options to manage your money. Wisconsin Bank & Trust does not have the best savings rate, which means you should think about other options for banks that deliver more return for your money. CDs can be a terrific option to achieve higher returns, but there are limitations to accessing your money. Wisconsin Bank & Trust's CD rates are fair in comparison to the average U.S. bank.Back to Overview
Find a Wisconsin Bank & Trust Near Me
Wisconsin Bank & Trust has 20 branches across the U.S.Back to Overview