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 58th largest bank in the state of Michigan. It is also the 3,136th largest bank in the nation. It was established in 1901 and as of December 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
B+

Health Grade Components

Overall
FDIC Certificate #13784
Year Established1901
Employees29
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.54%
Return on Equity - YTD10.99%
Annual Interest Income$6.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$186.3MM$180.3MM
LoansQ4 2024vs Q4 2023$75.2MM$67.1MM
DepositsQ4 2024vs Q4 2023$161.3MM$157.4MM
Equity CapitalQ4 2024vs Q4 2023$8.8MM$9MM
Loan Loss AllowanceQ4 2024vs Q4 2023$763K$804K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$246K$210K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Choice Checking Account
0.05%$500-Golden Choice Checking Account

Northern Interstate Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.10%$10-Variable Rate IRA
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 Branch1917 Stephenson AveIron Mountain, MI 49801
The First National Bank Of Norway501 West Us 2Norway, MI 49870
Main Street Branch531 Main StreetNorway, MI 49870
Powers BranchW3879 US Highway 2Powers, MI 49874
North Dickinson BranchN10151 State Hwy M95Sagola, MI 49881
Jubilee Foods Branch1363 Us Highway 2Crystal Falls, MI 49920
Crystal Falls Branch125 Superior AvenueCrystal Falls, MI 49920

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