Great North Bank
FDIC #15146
📍 Florence, Wisconsin
Great North Bank is a commercial bank, state charter and fed nonmember, supervised by the fdic. established in 01/01/1891. With assets of $145.70 Million, it operates 3 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: July 1, 2020
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 1, 2020
Satisfactory
November 1, 2015
Satisfactory
January 1, 2010
Satisfactory
💰 Financial Strength
Total Assets$145.70 Million
Total Deposits$113.57 Million
Equity Capital$8.76 Million
Net Income$706,000
📈 Performance
ROA0.63%
ROE10.14%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1891
FDIC Cert15146
Holding CoFlorence Bcorp Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday8:00 AM - 5:00 PM
Tuesday8:00 AM - 5:00 PM
Wednesday8:00 AM - 5:00 PM
Thursday8:00 AM - 5:00 PM
Friday8:00 AM - 5:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2018
Name Change
Name became: Changed Institution Name To Great North Bank.
1996
Relocation
Moved HQ to: 541 Central Avenue, Florence, WI 54121.