The National Iron Bank

Overview / Commentary

www.ironbank.com

860-435-2581

195 Main Street
Salisbury, CT 06068

The National Iron Bank is headquartered in Salisbury and is the 28^th largest bank in the state of Connecticut. It is also the 2,804^th largest bank in the nation. It was established in 1847 and as of September of 2021, it had grown to 27 employees at 4 locations. The National Iron Bank has a B+ health rating.

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Health

B+

Data as of Q3 2021

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Health Grade Components

Overall
FDIC Certificate #	2496
Year Established	1847
Employees	27
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	0.85%
Return on Equity - YTD	11.31%
Annual Interest Income	$5.1MM

Assets and Liabilities
Assets	Q3 2021vs Q3 2020	$247.8MM$196.9MM
Loans	Q3 2021vs Q3 2020	$176.0MM$141.5MM
Deposits	Q3 2021vs Q3 2020	$228.1MM$182.4MM
Equity Capital	Q3 2021vs Q3 2020	$17.6MM$14.3MM
Loan Loss Allowance	Q3 2021vs Q3 2020	$690.00K$520.00K
Unbacked Noncurrent Loans	Q3 2021vs Q3 2020	$0$0
Real Estate Owned	Q3 2021vs Q3 2020	$0$0

Rates

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Savings
Money Market
CD

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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 National Iron Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.02%	$250	-	Statement Savings Account
0.02%	$250	-	Secure Savings
0.02%	$2.5k	-	No-Frills Savings

The National Iron Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.10%	$25k	-	Harvest Money Market
0.10%	$25k	-	Business Harvest Money Market
0.02%	$5k	-	Apple Money Market

The National Iron Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.88%^*	$10k^*	-	5 Year CD w/ IC Bonus
OTHER TIERS: 0.63% → $1k - $10k
0.75%^*	$10k^*	-	5 Year CD
OTHER TIERS: 0.50% → $1k - $10k
0.63%^*	$10k^*	-	4 Year CD w/ IC Bonus
OTHER TIERS: 0.38% → $1k - $10k
0.53%	$1k	-	3 Year CD w/ IC Bonus
0.50%^*	$10k^*	-	4 Year CD
OTHER TIERS: 0.25% → $1k - $10k
0.48%	$5k	-	29 Month CD Special w/ IC Bonus
0.40%	$1k	-	3 Year CD
0.38%^*	$10k^*	-	2 Year CD w/ IC Bonus
OTHER TIERS: 0.33% → $1k - $10k
0.35%	$5k	-	29 Month CD Special
0.28%^*	$50k^*	-	11 Month CD Special w/ IC Bonus
OTHER TIERS: 0.23% → $5k - $50k
0.28%^*	$10k^*	-	1 Year CD CD w/ IC Bonus
OTHER TIERS: 0.23% → $1k - $10k
0.25%^*	$10k^*	-	2 Year CD
OTHER TIERS: 0.20% → $1k - $10k
0.23%^*	$10k^*	-	6 Month CD CD w/ IC Bonus
OTHER TIERS: 0.18% → $1k - $10k
0.15%^*	$10k^*	-	1 Year CD
OTHER TIERS: 0.10% → $1k - $10k
0.15%^*	$50k^*	-	11 Month CD Special
OTHER TIERS: 0.10% → $5k - $50k
0.10%^*	$10k^*	-	6 Month CD
OTHER TIERS: 0.05% → $1k - $10k

Locations

The National Iron Bank Locations
The National Iron Bank	195 Main St	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

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