Unity Bank
Augusta, Wisconsin, Eau Claire County
$575M in total assets, the 1,638th largest of 4,309 US banks and 56th of 155 headquartered in Wisconsin.
- FDIC certificate
- 8714
- Established
- 1914
- Owned by
- Kimberly Leasing Corp
- Primary regulator
- FDIC
- Website
- www.unitybanking.com
At a glance
Compared with 109 banks headquartered in Wisconsin with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $575M | 79% | $344M | |
| Loans | $437M | 84% | $241M | |
| Deposits | $510M | 81% | $287M | |
| Return on assets | -0.78% | 2% | 1.28% | |
| Net interest margin | 3.91% | 56% | 3.85% | |
| Efficiency ratio | 94.1% | 97% | 60.7% | |
| Equity to assets | 9.04% | 25% | 10.40% | |
| Loans to deposits | 86% | 48% | 86% |
Growth
Total assets grew -1.0% a year over the last 5 years and 15.3% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| May 2020 | First Citizens Bank of Polson, National Association Polson, MT | $17M |
| Feb 2019 | Unity Bank North Red Lake Falls, MN | $106M |
| Feb 2019 | Unity Bank Rush City, MN, an affiliate under the same holding company | $217M |
Where they operate
13 branches in 10 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Eau Claire County, WI | $118M | 4.9% | 6 of 16 |
| Chisago County, MN | $72M | 9.2% | 5 of 7 |
| Morrison County, MN | $60M | 7.7% | 5 of 9 |
| Clark County, WI | $52M | 8.8% | 4 of 6 |
| Todd County, MN | $49M | 11.2% | 4 of 6 |
| Red Lake County, MN | $48M | 24.5% | 2 of 4 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 11 branches since 2016 (2 to 13, +550.0%). 5 opened, 10 acquired, 4 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 2 | |||
| 2016 | Opened Fairchild and Neillsville | 2 | 0 | +2 | 4 |
| 2019 | Acquired Unity Bank North and Unity Bank | 10 | 0 | +10 | 14 |
| 2020 | Opened Polson | 1 | 0 | +1 | 15 |
| 2021 | Opened PolsonClosed Polson | 1 | 1 | 0 | 15 |
| 2022 | Opened Polson | 1 | 0 | +1 | 16 |
| 2024 | Closed Polson | 0 | 1 | −1 | 15 |
| 2025 | Closed Bloomington and Fairchild | 0 | 2 | −2 | 13 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 40% | 28% | |
| Farmland | 22% | 8% | |
| 1-4 family residential | 12% | 32% | |
| Agricultural | 9% | 2% | |
| Business (C&I) | 7% | 10% | |
| Multifamily | 6% | 8% | |
| Construction and land | 2% | 7% | |
| Consumer | 1% | 2% | |
| Other | 1% | 2% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 51% | 48% | |
| Time deposits | 31% | 34% | |
| Noninterest-bearing | 18% | 19% |
Brokered deposits are 2.1% of deposits (peers 5.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 8.00% | 0.22% |
| Net charge-offs, annualized | 0.54% | 0.00% |
| Reserves to loans | 3.25% | 1.14% |
| Leverage ratio | 8.78% | 10.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Wisconsin
Largest competitors in Eau Claire County, WI
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/banks/unity-bank-augusta-wi