Citizens National Bank Of Cheboygan is a bank based in Cheboygan, Michigan, established in 1931, with $464 million in total assets across 10 branches. By Trust Grade it ranks 72nd of 73 banks we track in Michigan. Its capital ratio of 4.5% trails most similarly sized banks (1th percentile), versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 0.73% return on assets. No consumer complaints against Citizens National Bank Of Cheboygan appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Citizens National Bank Of Cheboygan compares to Michigan peers
How we graded Citizens National Bank Of Cheboygan
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (4.5%)
- Profitable (ROA 0.73%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Citizens National Bank Of Cheboygan over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (10)
- 20581 State St, Onaway, MI 49765
- 10854 N Straits Hwy, Cheboygan, MI 49721
- 580 S Nicolet St, Mackinaw City, MI 49701
- 200 Stimpson Dr, Pellston, MI 49769
- 414 Division St, Cheboygan, MI 49721
- 3990 S Straits Hwy, Indian River, MI 49749
- 303 N Main St, Cheboygan, MI 49721
- 8011 S Us 31 Hwy, Alanson, MI 49706
- 303 N Main St, Cheboygan, MI 49721
- 324 Michigan Street, Petoskey, MI 49770
Are deposits at Citizens National Bank Of Cheboygan insured?
Yes. Citizens National Bank Of Cheboygan is an FDIC-insured bank (FDIC certificate #5018). 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.
Citizens National Bank Of Cheboygan: frequently asked questions
Is Citizens National Bank Of Cheboygan a good bank?
Citizens National Bank Of Cheboygan earns a Bankzia Trust Grade of C (72/100, "Average"), based on a financial-strength score of 72/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (4.5%); Profitable (ROA 0.73%).
Is Citizens National Bank Of Cheboygan FDIC-insured?
Yes. Citizens National Bank Of Cheboygan is a FDIC-insured bank (FDIC certificate #5018). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Citizens National Bank Of Cheboygan?
Citizens National Bank Of Cheboygan holds $464 million in total assets, ranking 72nd of 73 banks we track in Michigan. It operates 10 branches.
Does Citizens National Bank Of Cheboygan have CFPB complaints?
No CFPB complaints against Citizens National Bank Of Cheboygan appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
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.
