The 5,400 banks in the U.S. are in fierce competition to keep their current customers satisfied and to attract new deposits. Local banks need to demonstrate their advantages in regards to customer service, accessibility, and financial advice to compete with better interest rates online banks can offer on savings.
Forbes partnered with market research firm Statista to produce their second annual look at the Best Banks In Each State to gauge whose customers gave their banks the highest grades. More than 25,000 customers in the U.S. were surveyed for their opinions on their current and former banking relationships.
Congratulations to Bank First, BMO Harris Bank, Huntington Bank, Nicolet National Bank, and North Shore Bank for being named the top banks in Wisconsin!
Read more in Forbes.