Bank · FDIC insured
Headwaters State Bank
Top CarrotA $122.5M bank headquartered in Land O' Lakes, WI, with 2 branches in Wisconsin. Best rates: CDs 4.41% and savings 1.51% APY.
Headwaters State Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 79% of U.S. banks and credit unions
#42 of 196 in WisconsinHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Headwaters State Bank
Originally located in Phelps, Wisconsin as Phelps State Bank, the institution moved its charter to Land O' Lakes and became Headwaters State Bank in 1955.
After moving to County Road B in 1981, the independent bank opened a branch office in Presque Isle, Wisconsin in July 1996.
- Headquarters
- 4175 County Road B, Land O' Lakes, WI 54540
- FDIC certificate
- 9035 ↗
Branches
2 branches in Wisconsin
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Wisconsin
2 branches
Land O' Lakes area · 1
- Headwaters State BankMain office4175 County Road B, Land O' Lakes, WI 54540Directions
Presque Isle area · 1
- Presque Isle Branch8319 Main St, Presque Isle, WI 54557Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 11.21% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 6.35% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.84% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $78 | $81 | — |
- CapitalLeverage ratio11.21%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent6.35%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.84%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$78Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Headwaters State Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.