Northern Interstate Bank

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Overview / Commentary

banknib.com

906-563-9233

501 West Us 2
Norway, MI 49870

Northern Interstate Bank is headquartered in NORWAY and is the 58^th largest bank in the state of Michigan. It is also the 3,129^th largest bank in the nation. It was established in 1901 and as of September of 2024, it had grown to 29 employees at 5 locations. Northern Interstate Bank's money market rates are 3X the national average, and it has a B health rating.

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Health

Data as of Q3 2024

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Health Grade Components

Overall
FDIC Certificate #	13784
Year Established	1901
Employees	29
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.52%
Return on Equity - YTD	10.53%
Annual Interest Income	$4.9MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$186.4MM$178.2MM
Loans	Q3 2024vs Q3 2023	$73.8MM$64.8MM
Deposits	Q3 2024vs Q3 2023	$159.6MM$165.2MM
Equity Capital	Q3 2024vs Q3 2023	$10.4MM$6.9MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$767K$811K
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$307K$163K
Real Estate Owned	Q3 2024vs Q3 2023	$0$100K

TODAY'S FEATURED RATES

Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Rates

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Savings
Money Market
Checking
CD
IRA

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

Northern Interstate Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
4.26%	$10	-	Variable Rate IRA
0.10%	$100	-	Quarterly Statement Personal Savings
0.10%	$100	-	Personal Choice Savings
0.10%	$25	-	Christmas Club Account

Northern Interstate Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.51%^*	$250k^*	-	Money Market Account
OTHER TIERS: 0.25% → $1k - $10k \| 0.40% → $10k - $25k \| 0.65% → $25k - $100k \| 1.00% → $100k - $150k \| 1.36% → $150k - $250k
1.51%^*	$250k^*	-	Investor’s Choice Money Market Account
OTHER TIERS: 0.25% → $2.5k - $10k \| 0.40% → $10k - $25k \| 0.65% → $25k - $100k \| 1.00% → $100k - $150k \| 1.36% → $150k - $250k

Northern Interstate Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$500	-	Choice Checking Account
0.05%	$500	-	Golden Choice Checking Account

Northern Interstate Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.27%	$1k	-	60 Month CD
2.12%	$1k	-	48 Month CD
2.07%	$1k	-	36 Month CD
2.02%	$1k	-	24 Month CD
2.02%	$1k	-	30 Month CD
1.91%	$1k	-	18 Month CD
1.76%	$1k	-	12 Month CD
1.31%	$1k	-	6 Month CD
1.10%	$1k	-	3 Month CD
0.15%	$250	-	Smart Start CD

Northern Interstate Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.27%	$1k	-	60 Month Fixed IRA
2.12%	$1k	-	48 Month Fixed IRA
2.07%	$1k	-	36 Month Fixed IRA
2.02%	$1k	-	24 Month Fixed IRA
2.02%	$1k	-	30 Month Fixed IRA
1.91%	$1k	-	18 Month Fixed IRA
1.76%	$1k	-	12 Month Fixed IRA
1.31%	$1k	-	6 Month Fixed IRA
1.10%	$1k	-	3 Month Fixed IRA

Locations

Northern Interstate Bank Locations
Iron Mountain Branch	1917 Stephenson Ave	Iron Mountain, MI 49801
The First National Bank Of Norway	501 West Us 2	Norway, MI 49870
Main Street Branch	531 Main Street	Norway, MI 49870
Powers Branch	W3879 US Highway 2	Powers, MI 49874
North Dickinson Branch	N10151 State Hwy M95	Sagola, MI 49881
Jubilee Foods Branch	1363 Us Highway 2	Crystal Falls, MI 49920
Crystal Falls Branch	125 Superior Avenue	Crystal Falls, MI 49920

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