M&I Bolsters Lead Among State Banks; but Community Institutions Are Gaining, Survey Says

Summary

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Marshall & Ilsley Corp. has strengthened its position as the state's most popular bank, but in some cities, community banks are grabbing a larger chunk of market share, a new report shows.

An annual Federal Deposit Insurance Corp. survey finds that M&I had more money on deposit than competing banks in four of Wisconsin's biggest cities Milwaukee, Appleton, Janesville and Wausau and was in a virtual dead heat with AnchorBank as the leader in Madison.

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M&I Bolsters Lead Among State Banks; but Community Institutions Are Gaining, Survey Says

Overall, M&I had more than $18.3 billion in deposits as of June 30, the survey finds. That amounted to a deposit market share of 18.2%, which means that of every $100 on...

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