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The National Iron Bank

Popular Accounts at this Bank

1.25%5-year CD5 Year CD
0.15%1-year CD11 Month CD Special
0.02%SavingsSecure Savings

Overview / Commentary
195 Main Street
Salisbury, CT 06068

The National Iron Bank is headquartered in Salisbury and is the 39th largest bank in the state of Connecticut. It is also the 3,904th largest bank in the nation. It was established in 1847 and as of March of 2017, it had grown to 25 employees at 4 locations. The National Iron Bank has a B+ health rating.


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Health Grade Components

FDIC Certificate #2496
Year Established1847
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD9.23%
Annual Interest Income$925.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$126.4MM$122.4MM
LoansQ1 2017vs Q1 2016$82.2MM$70.8MM
DepositsQ1 2017vs Q1 2016$116.5MM$112.4MM
Equity CapitalQ1 2017vs Q1 2016$9.9MM$9.9MM
Loan Loss AllowanceQ1 2017vs Q1 2016$424.00K$425.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$0$0
Real Estate OwnedQ1 2017vs Q1 2016$0$0
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The National Iron Bank Savings Account Rates

0.02%$5k-Secure Savings

The National Iron Bank Money Market Rates

0.25%$25k-Harvest Money Market
0.25%$25k-Business Harvest Money Market
0.02%$5k-Apple Money Market

The National Iron Bank CD Rates

1.38%*$10k*-60 - 120 Month CD w/ IC Bonus
OTHER TIERS: 1.13% $1k - $10k
1.25%*$10k*-5 Year CD
OTHER TIERS: 1.00% $1k - $10k
0.73%$1k-48 - 59 Month CD w/ IC Bonus
0.63%$1k-36 - 47 Month CD w/ IC Bonus
0.60%$1k-4 Year CD
0.50%$1k-3 Year CD
0.48%$5k-29 Month CD Special w/ IC Bonus
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*-12 - 23 Month 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*-181 - 364 Day 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

The National Iron Bank Locations
The National Iron Bank195 Main StreetSalisbury, CT 06068
Washington Depot Branch2 Bee Brook RoadWashington Depot, CT 06794
Norfolk Branch2 John J Curtiss RoadNorfolk, CT 06058
The Cornwall BranchRoute 4, Cornwall BridgeCornwall Bridge, CT 06754