The First National Bank Of Wakefield is a bank based in Wakefield, Michigan, established in 1910, with $53 million in total assets across 2 branches. By Trust Grade it ranks 57th of 73 banks we track in Michigan. Its capital ratio of 9.0% trails most similarly sized banks (19th percentile), versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 0.62% return on assets. No consumer complaints against The First National Bank Of Wakefield appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The First National Bank Of Wakefield compares to Michigan peers
How we graded The First National Bank Of Wakefield
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.0% capital ratio)
- Profitable (ROA 0.62%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The First National Bank Of Wakefield over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (2)
- 401 Sunday Lake St, Wakefield, MI 49968
- 1008 E Lead St, Bessemer, MI 49911
Are deposits at The First National Bank Of Wakefield insured?
Yes. The First National Bank Of Wakefield is an FDIC-insured bank (FDIC certificate #5076). 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 First National Bank Of Wakefield: frequently asked questions
Is The First National Bank Of Wakefield a good bank?
The First National Bank Of Wakefield earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (9.0% capital ratio); Profitable (ROA 0.62%).
Is The First National Bank Of Wakefield FDIC-insured?
Yes. The First National Bank Of Wakefield is a FDIC-insured bank (FDIC certificate #5076). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The First National Bank Of Wakefield?
The First National Bank Of Wakefield holds $53 million in total assets, ranking 57th of 73 banks we track in Michigan. It operates 2 branches.
Does The First National Bank Of Wakefield have CFPB complaints?
No CFPB complaints against The First National Bank Of Wakefield 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.
