Bank · FDIC insured
National Iron Bank
A $318M bank headquartered in Salisbury, CT, with 4 branches in Connecticut. Best rates: savings 0.02% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. CDs: rates are not published online. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- Savings600.10%at $100,000Savings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About National Iron Bank
Established in 1847 and headquartered in Salisbury, Connecticut, National Iron Bank is New England's oldest private bank.
Originally established to serve the credit and financial needs of the Housatonic Valley community, the institution became a National Bank in 1865.
National Iron Bank operates branches in Cornwall Bridge, Norfolk, Salisbury, and Washington Depot, alongside loan offices in Litchfield and New Milford.
- Headquarters
- 195 Main St, Salisbury, CT 06068
- FDIC certificate
- 2496 ↗
Branches
4 branches in Connecticut
Loading map…
Connecticut
4 branches
- The National Iron BankMain office195 Main St, Salisbury, CT 06068Directions
- The Cornwall Branch366 Furnace Brook Rd, Cornwall Bridge, CT 06754Directions
- Norfolk Branch2 John J Curtiss Rd, Norfolk, CT 06058Directions
- Washington Depot Branch2 Bee Brook Rd, Washington Depot, CT 06794Directions
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 | 8.48% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.00% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.82% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $90 | $81 | — |
- CapitalLeverage ratio8.48%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.00%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.82%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$90Peers’ 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 National Iron Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.