The National Iron Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.25% | 5-year CD | 5 Year CD 2.03% - National Average |
| 0.15% | 1-year CD | 11 Month CD Special 2.45% - Synchrony Bank 12 Month CD |
| 0.02% | Savings | Secure Savings |
The National Iron Bank is headquartered in Salisbury and is the 38th largest bank in the state of Connecticut. It is also the 3,814th largest bank in the nation. It was established in 1847 and as of June of 2018, it had grown to 27 employees at 4 locations. The National Iron Bank's money market rates are 14% higher than the national average, and it has a B+ health rating.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 2496 |
| Year Established | 1847 |
| Employees | 27 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.46% |
| Return on Equity - YTD | 5.78% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $123.0MM$122.9MM |
| Loans | Q2 2018vs Q2 2017 | $90.5MM$83.7MM |
| Deposits | Q2 2018vs Q2 2017 | $112.8MM$112.8MM |
| Equity Capital | Q2 2018vs Q2 2017 | $9.7MM$10.0MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $420.00K$422.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $0$0 |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not The National Iron 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.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
The National Iron Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.02% | $5k | - | Secure Savings |
The National Iron Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $25k | - | Harvest Money Market | |
| 0.50% | $25k | - | Business Harvest Money Market | |
| 0.02%† | $5k | - | Apple Money Market |
The National Iron Bank CD Rates
| The National Iron Bank Locations | ||
|---|---|---|
| The National Iron Bank | 195 Main Street | Salisbury, CT 06068 |
| Washington Depot Branch | 2 Bee Brook Road | Washington Depot, CT 06794 |
| Norfolk Branch | 2 John J Curtiss Road | Norfolk, CT 06058 |
| The Cornwall Branch | Route 4, Cornwall Bridge | Cornwall Bridge, CT 06754 |