Total Assets
$335.8M
Total Deposits
$316.3M
Branches
7
Established
1888
The First National Bank of St. Ignace is a bank headquartered in St. Ignace, Michigan, established in 1888. It holds $335.8M in total assets across 7 branch locations. In our editorial opinion, based on public FDIC/NCUA data, The First National Bank of St. Ignace earns a TFS Financial Health Grade of D+ (60.5/100) — our editorial assessment, not an official rating or financial advice.
TFS Health Grade
60.5 / 100
Below average financial health
How we gradeTFS Health Grades are our editorial opinion based on public FDIC/NCUA data — not an official rating, not financial advice.
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Financial data through June 30, 2026. Updated by TFS September 26, 2026. Data sourced from FDIC BankFind Suite as of 2026-Q2. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
Data sourced from CFPB Consumer Complaint Database. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
| Branch | Address | City | State | Type |
|---|---|---|---|---|
| The First National Bank of St. IgnaceHQ | 132 N State St | St. Ignace | MI | 11 |
| The First National Bank of St. Ignace | 192 South Meridian Street | Cedarville | MI | 11 |
| The First National Bank of St. Ignace | 7399 Market St | Mackinac Island | MI | 11 |
| The First National Bank of St. Ignace | W11635 Us Highway 2 | Naubinway | MI | 11 |
| The First National Bank of St. Ignace | 1014 Newberry Ave | Newberry | MI | 11 |
| The First National Bank of St. Ignace | 920 Us Highway 2 W | Saint Ignace | MI | 11 |
| The First National Bank of St. Ignace | 580 N State St | St. Ignace | MI | 11 |
Data sourced from FDIC BankFind Suite. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
occ
AA-CE-2024-01
The Office of the Comptroller of the Currency lists a formal agreement for this institution, dated 2024-01-19. See the official order for its terms. The OCC lists a termination dated 2025-10-26.
Official documents last verified Invalid Date
Data sourced from FDIC and OCC enforcement records; NCUA catalog monitored. This data is provided by the federal government and is believed to be accurate, but TheFinanceSection.com cannot guarantee its completeness or timeliness.
TFS Financial Health Grades represent our editorial assessment based on publicly available data and our proprietary methodology. They do not represent financial advice or an official government rating. Data on this page is sourced from federal government databases and is believed to be accurate.
Benchmarked against 60 active, federally insured banks reporting in the same quarter and holding roughly 0.5×–2× its assets. Same-state and overlapping-market peers are prioritized.
TFS health score
60.5
Tier 1 capital ratio
7.78%
Return on assets
0.63%
Non-performing loans
0.65%
Efficiency ratio
74.96%
Asset growth (YoY)
4.36%
Suggested direct comparisons
Grand Rapids, MI
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Dearborn, MI
$306.6M
Complaint percentiles are intentionally withheld while TFS audits CFPB company matching and import coverage. Peer conclusions use complete same-quarter regulatory metrics only.