Northern Interstate Bank

Overview / Commentary

906-563-9233

501 West Us 2
Norway, MI 49870

Northern Interstate Bank is headquartered in Norway and is the 60^th largest bank in the state of Michigan. It is also the 3,187^th largest bank in the nation. It was established in 1901 and as of June of 2021, it had grown to 45 employees at 8 locations. Northern Interstate Bank has a B health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

Data as of Q2 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	13784
Year Established	1901
Employees	45
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.77%
Return on Equity - YTD	7.73%
Annual Interest Income	$3.0MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$192.2MM$171.2MM
Loans	Q2 2021vs Q2 2020	$75.9MM$90.6MM
Deposits	Q2 2021vs Q2 2020	$171.8MM$150.1MM
Equity Capital	Q2 2021vs Q2 2020	$18.6MM$19.1MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$1.1MM$990.00K
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$3.4MM$621.00K
Real Estate Owned	Q2 2021vs Q2 2020	$335.00K$569.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Northern Interstate 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.

Northern Interstate Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$25	-	Quarterly Statement Personal Savings
0.10%	$25	-	Personal Choice Savings
0.10%	$25	-	Christmas Club Account
0.05%	$10	-	Variable Rate IRA

Northern Interstate Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$100k^*	-	Money Market Account
OTHER TIERS: 0.10% → $1k - $25k \| 0.15% → $25k - $100k
0.20%^*	$100k^*	-	Investor’s Choice Money Market Account
OTHER TIERS: 0.10% → $2.5k - $25k \| 0.15% → $25k - $100k

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
0.85%	$1k	-	60 Month CD
0.70%	$1k	-	48 Month CD
0.65%	$1k	-	36 Month CD
0.55%	$1k	-	30 Month CD
0.50%	$1k	-	24 Month CD
0.40%	$1k	-	18 Month CD
0.30%	$1k	-	12 Month CD
0.20%	$1k	-	6 Month CD
0.15%	$1k	-	3 Month CD
0.15%	$250	-	Smart Start CD

Northern Interstate Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.85%	$1k	-	60 Month Fixed IRA
0.70%	$1k	-	48 Month Fixed IRA
0.65%	$1k	-	36 Month Fixed IRA
0.55%	$1k	-	30 Month Fixed IRA
0.50%	$1k	-	24 Month Fixed IRA
0.40%	$1k	-	18 Month Fixed IRA
0.30%	$1k	-	12 Month Fixed IRA
0.20%	$1k	-	6 Month Fixed IRA
0.15%	$1k	-	3 Month Fixed IRA

Locations

Northern Interstate Bank Locations
Iron Mountain Branch	1917 Stephenson Ave	Iron Mountain, MI 49801
Carney Branch	241 US Highway 41 N	Carney, MI 49812
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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.