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The National Iron Bank

Salisbury, CT · Est. 1847 · Website ↗
B
Trust Grade
Strong
Score: 88/100

The National Iron Bank is a bank based in Salisbury, Connecticut, established in 1847, with $320 million in total assets across 4 branches. By Trust Grade it ranks 23rd of 28 banks we track in Connecticut. Its capital ratio of 7.9% trails most similarly sized banks (14th percentile), versus a Connecticut median of 10.2%. It was profitable over the most recent period, with a 0.72% return on assets. No consumer complaints against The National Iron Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$319.5M
$100M–1B institution
Deposits
$293.6M
Branches
4
Capital ratio
7.9%
Bottom 14% of $100M–1B peers · Connecticut median 10.2%
Return on assets
0.7%
Bottom 22% of $100M–1B peers · Connecticut median 0.75%
Rank in Connecticut
#23
of 28 banks

How The National Iron Bank compares to Connecticut peers

Capital ratio
Bottom 14% of $100M–1B peers
The National
7.9%
Connecticut median
10.2%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 22% of $100M–1B peers
The National
0.7%
Connecticut median
0.8%
Higher ROA = more profitable relative to asset base

How we graded The National Iron Bank

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
88/100
Customer experience
n/a
Overall
B · 88
  • Well-capitalized (7.9% capital ratio)
  • Profitable (ROA 0.72%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for The National Iron Bank over the analysis window. For a smaller institution this is common and counts in its favor.

Branch locations (4)

  • 195 Main St, Salisbury, CT 06068
  • 366 Furnace Brook Rd, Cornwall Bridge, CT 06754
  • 2 John J Curtiss Rd, Norfolk, CT 06058
  • 2 Bee Brook Rd, Washington Depot, CT 06794

Are deposits at The National Iron Bank insured?

Yes. The National Iron Bank is an FDIC-insured bank (FDIC certificate #2496). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

The National Iron Bank: frequently asked questions

Is The National Iron Bank a good bank?

The National Iron Bank earns a Bankzia Trust Grade of B (88/100, "Strong"), based on a financial-strength score of 88/100 (it has no CFPB complaints on record). Well-capitalized (7.9% capital ratio); Profitable (ROA 0.72%).

Is The National Iron Bank FDIC-insured?

Yes. The National Iron Bank is a FDIC-insured bank (FDIC certificate #2496). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.

How big is The National Iron Bank?

The National Iron Bank holds $320 million in total assets, ranking 23rd of 28 banks we track in Connecticut. It operates 4 branches.

Does The National Iron Bank have CFPB complaints?

No CFPB complaints against The National Iron Bank appear in our data over the analysis window, which is typical for a bank of this size.

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Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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