Superior National Bank

Overview / Commentary

866-482-0404

235 Quincy Street
Hancock, MI 49930

Superior National Bank is headquartered in HANCOCK and is the 15^th largest bank in the state of Michigan. It is also the 981^st largest bank in the nation. It was established in 1890 and as of December of 2023, it had grown to 195 employees at 10 locations. Superior National Bank's money market rates are 7X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q4 2023

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Health Grade Components

Overall
FDIC Certificate #	5058
Year Established	1890
Employees	195
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.73%
Return on Equity - YTD	8.4%
Annual Interest Income	$45.7MM

Assets and Liabilities
Assets	Q4 2023vs Q4 2022	$1.02B$1.04B
Loans	Q4 2023vs Q4 2022	$661.3MM$684.2MM
Deposits	Q4 2023vs Q4 2022	$865.7MM$882.4MM
Equity Capital	Q4 2023vs Q4 2022	$97MM$86.6MM
Loan Loss Allowance	Q4 2023vs Q4 2022	$9.6MM$9.1MM
Unbacked Noncurrent Loans	Q4 2023vs Q4 2022	$3.1MM$2.7MM
Real Estate Owned	Q4 2023vs Q4 2022	$149K$0

Rates

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Savings
Money Market
Checking
CD

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Always verify rates and promotions with the bank or credit union. We are not Superior National Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Superior National Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$100	-	Business Savings
0.05%	$100	-	Superior Savings

Superior National Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%^*	$1m^*	-	Business Money Market
OTHER TIERS: 0.05% → Up to $10k \| 1.50% → $10k - $100k \| 2.00% → $100k - $500k \| 2.50% → $500k - $1m
3.00%^*	$1m^*	-	Personal Money Market
OTHER TIERS: 0.05% → Up to $10k \| 1.50% → $10k - $100k \| 2.00% → $100k - $500k \| 2.50% → $500k - $1m

Superior National Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%	-	-	Business One Checking
0.05%	$750	-	Superior Plus Checking
0.05%	$750	-	Superior Senior Checking

Superior National Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
5.00%	$500	-	5 Month CD Special
4.60%	$500	-	11 Month CD Special
4.00%	$500	-	35 Month CD Special
2.77%	$500	-	186 Day CD
2.52%	$500	-	12 Month CD
2.37%	$500	-	18 Month CD
2.27%	$500	-	24 Month CD
2.02%	$500	-	36 Month CD
2.02%	$500	-	48 Month CD
2.02%	$500	-	60 Month CD

Locations

Cities: Baraga, Bingham Farms, Calumet, Hancock, Houghton, Lake Linden, L'anse, Troy

Baraga Branches
Baraga Branch	201 Superior Avenue	Baraga, MI 49908

Bingham Farms Branches
Bingham Farms Branch	31780 Telegraph Rd	Bingham Farms, MI 48025

Calumet Branches
Calumet Branch	56788 Station Drive	Calumet, MI 49913

Hancock Branches
Superior National Bank & Trust Company	235 Quincy Street	Hancock, MI 49930
Hancock Drive-Thru Branch	229 Franklin Street	Hancock, MI 49930

Houghton Branches
Econo Foods Branch	1000 West Sharon Avenue	Houghton, MI 49931
Ridgecrest Plaza Branch	901 W Sharon Ave	Houghton, MI 49931

Lake Linden Branches
Lake Linden Branch	53115 State Highway M26	Lake Linden, MI 49945

L'anse Branches
Lanse Branch	1 East Broad Street	L'anse, MI 49946

Troy Branches
Troy Branch	363 West Big Beaver Road Suite 150	Troy, MI 48084

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