Bank · FDIC insured
North Shore Bank of Commerce
Top CarrotA $598.5M bank headquartered in Duluth, MN, with 5 branches in Minnesota. Best rates: CDs 4.28% and savings 2.70% APY.
North Shore Bank of Commerce Carrot Score
Carrot ScoreTop Carrot
Higher than 85% of U.S. banks and credit unions
#4 of 29 in Duluth, MN-WI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About North Shore Bank of Commerce
Headquartered in Duluth, Minnesota, North Shore Bank of Commerce is a locally-owned and managed independent community bank that has operated in the Duluth area for over 100 years.
- Headquarters
- 131 W Superior St, Duluth, MN 55802
- FDIC certificate
- 8850 ↗
Branches
5 branches in Minnesota
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Minnesota
5 branches
- North Shore Bank of CommerceMain office131 W Superior St, Duluth, MN 55802Directions
- Auto Bank Branch19 N 2nd Ave, Duluth, MN 55810Directions
- Lakeside Branch4801 E Superior St, Duluth, MN 55804Directions
- Woodland Branch17 E Calvary Rd, Duluth, MN 55803Directions
- Hermantown Branch4810 Miller Trunk Hwy, Hermantown, MN 55811Directions
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 | 8.74% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.14% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 1.56% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $91 | $81 | — |
- CapitalLeverage ratio8.74%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.14%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets1.56%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$91Peers’ 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 North Shore Bank of Commerce are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.