Bank · FDIC insured
Northern Interstate Bank
A $193.5M bank headquartered in Norway, MI, with 5 branches in Michigan. Best rates: CDs 2.27% and savings 0.40% APY.
Northern Interstate Bank Carrot Score
63
Carrot Score
Higher than 9% of U.S. banks and credit unions
#7 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 Northern Interstate Bank
Northern Interstate Bank dates back to 1901 and operates five banking offices in Norway, Crystal Falls, Iron Mountain, North Dickinson (Sagola), and Powers, Michigan.
- Headquarters
- 501 W Us Highway 2, Norway, MI 49870
- FDIC certificate
- 13784 ↗
Branches
5 branches in Michigan
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Michigan
5 branches
Iron Mountain area · 3
- Northern Interstate Bank, N. A.Main office501 W Us Highway 2, Norway, MI 49870Directions
- Iron Mountain Branch1917 N Stephenson Ave, Iron Mountain, MI 49801Directions
- North Dickinson BranchN10151 State Highway M95, Sagola, MI 49881Directions
Crystal Falls area · 1
- Crystal Falls Branch125 Superior Ave, Crystal Falls, MI 49920Directions
Marinette area · 1
- Powers BranchW3879 Us Highway 2, Powers, MI 49874Directions
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 | 9.36% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.75% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.88% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $48 | $81 | — |
- CapitalLeverage ratio9.36%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.75%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.88%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$48Peers’ 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 Northern Interstate Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.