Bank · FDIC insured
Great North Bank
A $233.4M bank headquartered in Florence, WI, with 3 branches in Wisconsin. Best rates: CDs 4.04% and savings 0.75% APY.
Great North Bank Carrot Score
81
Carrot Score
Higher than 56% of U.S. banks and credit unions
#4 of 7 in Iron Mountain, MI-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Great North Bank
Great North Bank was established in 1891 to serve the financial needs of the community and area.
The bank is veteran-owned and independently operated.
- Headquarters
- 541 Central Ave, Florence, WI 54121
- FDIC certificate
- 15146 ↗
Branches
3 branches in Wisconsin
Loading map…
Wisconsin
3 branches
Iron Mountain area · 2
- Great North BankMain office541 Central Ave, Florence, WI 54121Directions
- Aurora BranchW627 Co Rd N, Niagara, WI 54151Directions
Eagle River area · 1
- Eagle River Branch111 W Mill St, Eagle River, WI 54521Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 8.84% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.40% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | -0.86% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $89 | $81 | — |
- CapitalLeverage ratio8.84%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.40%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets-0.86%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$89Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Great North Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.