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877-672-2265
15700 West Bluemound Road
Brookfield, WI 53005

North Shore Bank, FSB is headquartered in Brookfield and is the 6th largest bank in the state of Wisconsin. It is also the 394th largest bank in the nation. It was established in 1923 and as of March of 2014, it had grown to 469 employees at 49 locations. North Shore Bank, FSB has a B+ health rating.

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Reviews (1)

Get Your Loan Elsewhere

My husband an I are currently living 2000 miles apart and have two bank accounts. A couple months ago it was perfectly alright to use the other account to make the loan payment 24 hours before the auto debit was scheduled to come out of the other account. This stopped the auto debit. This month it was not okay. The payment was made and the other account was auto debited anyway. My husband was able to stop the auto debit but the bank charged us $30. I called North Shore bank to ask for my husband to be authorized to speak with them about the account and was told that I would have to REFINANCE the loan to have the person who pays the bill speak with them about the bill. I explained to her what happened and she told me there is no way the auto debit was stopped unless they received something in writing. I assured her I did not do that then told her of the $30 charge. She interrupted when I was speaking and obviously did not care. She cared so little she never even asked my name or for the account information to see if maybe what I was saying was true. There are plenty of banks out there dying to have your business. Do not give it to this one.



Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
C+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 North Shore Bank, FSB had $51.37 million in non-current loans and owned real-estate with $231.1 million in equity and loan loss allowances on hand to cover it. This gives North Shore Bank, FSB a Texas Ratio of 22.23% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for North Shore Bank, FSB experienced no significant changes from 20.39% as of March 31, 2013 to 22.23% as of March 31, 2014, resulting in a negative change of 9.04%. This indicates that the balance sheet and financial strength for North Shore Bank, FSB has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, North Shore Bank, FSB has increased its total deposits by $53.35 million, resulting in 3.82% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth North Shore Bank, FSB has shown is excellent.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. North Shore Bank, FSB has $1.79 billion in assets with $231.1 million in equity, resulting in a capitalization level of 12.92%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #28679
Year Established1923
Employees469
Primary RegulatorOCC
Assets and Liabilities
Assets$1.79 billion
Loans$1.31 billion
Deposits$1.45 billion
Equity Capital$218.33 million
Loan Loss Allowance$12.77 million
Unbacked Noncurrent Loans$33.61 million
Real Estate Owned$17.76 million
Historic Data - March 2013
Assets$1.74 billion
Equity Capital$208.59 million
Loan Loss Allowance$14.31 million
Unbacked Noncurrent Loans$33.61 million
Real Estate Owned$18.88 million
Profit Margin - Quarterly
Return on Assets0.13%
Return on Equity1.06%
Interest Income$15.32 million
Rates

Always verify rates and promotions with the bank or credit union. We are not North Shore Bank, FSB, we are a rate comparison website and can not provide official rates or promotions.

North Shore Bank, FSB Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$1k-High Yield Savings
0.12%$25k-Individual Portfolio Account
0.05%--Statement Savings

North Shore Bank, FSB Money Market Rates

DetailsAPYMINMAXPRODUCT
0.15%$50k-Perks Money Market Account
0.12%$25k-Portfolio Money Market
0.05%--Money Market Account

North Shore Bank, FSB Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.01%--Perks Checking
0.01%--Perks PrimeTime Checking
0.01%--Perks Platinum Checking

North Shore Bank, FSB CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$1k-5 Year CD
0.55%$1k-4 Year CD
0.35%$1k-3 Year CD
0.25%$1k-2 Year CD
0.17%$1k-1 1/2 Year CD
0.15%$1k-1 Year CD
0.10%$1k-6 Month CD
0.05%$1k-91 Day CD
0.05%$50-2 1/2 Year Homeownership CD

North Shore Bank, FSB IRA Rates

DetailsAPYMINMAXPRODUCT
0.75%$1k-5 Year IRA CD
0.55%$1k-4 Year IRA CD
0.35%$1k-3 Year IRA CD
0.25%$1k-2 Year IRA CD
0.17%$1k-1 1/2 Year IRA CD
0.15%$1k-1 Year IRA CD
Locations

North Shore Bank, FSB has 48 locations. Click to view all North Shore Bank, FSB locations.