Superior National Bank

Overview / Commentary

906-482-0404

235 Quincy Street
Hancock, MI 49930

Superior National Bank is headquartered in Hancock and is the 14^th largest bank in the state of Michigan. It is also the 971^st largest bank in the nation. It was established in 1890 and as of June of 2022, it had grown to 228 employees at 10 locations. Superior National Bank's money market rates are 2X the national average, and it has a B+ health rating.

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Health

B+

Data as of Q2 2022

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Health Grade Components

Overall
FDIC Certificate #	5058
Year Established	1890
Employees	228
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.91%
Return on Equity - YTD	9.28%
Annual Interest Income	$18.1MM

Assets and Liabilities
Assets	Q2 2022vs Q2 2021	$1.01B$1.02B
Loans	Q2 2022vs Q2 2021	$625.8MM$597.1MM
Deposits	Q2 2022vs Q2 2021	$898.3MM$897.3MM
Equity Capital	Q2 2022vs Q2 2021	$89.0MM$114.4MM
Loan Loss Allowance	Q2 2022vs Q2 2021	$10.2MM$9.6MM
Unbacked Noncurrent Loans	Q2 2022vs Q2 2021	$2.8MM$2.5MM
Real Estate Owned	Q2 2022vs Q2 2021	$0$199.00K

Rates

Skip to rates for:

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
1.00%^*	$1m^*	-	Business Money Market
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $100k \| 0.25% → $100k - $500k \| 0.75% → $500k - $1m
1.00%^*	$1m^*	-	Personal Money Market
OTHER TIERS: 0.05% → Up to $10k \| 0.10% → $10k - $100k \| 0.25% → $100k+ \| 0.75% → $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
4.06%	$500	-	11 Month CD Special
3.29%	$500	-	35 Month CD Special
3.03%	$500	-	5 Month CD Special
0.50%	$500	-	60 Month CD
0.40%	$500	-	48 Month CD
0.30%	$500	-	36 Month CD
0.25%	$500	-	24 Month CD
0.20%	$500	-	18 Month CD
0.15%	$500	-	12 Month CD
0.10%	$500	-	186 Day 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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