Northwestern Mutual Wealth M
Milwaukee, Wisconsin · FDIC Cert #57093
This is the FDIC profile for Northwestern Mutual Wealth M, an FDIC-insured bank (Certificate #57093) with $491M in total assets and $51M in total deposits per its most recent FDIC Call Report filing (Q2 2024). Headquartered in Milwaukee, Wisconsin, the bank maintains a Tier 1 capital ratio of 58.86% (Well-Capitalized) and a nonperforming loan ratio of 0.00%. BankHealthData assigns a composite Health Grade of A (100/100) based on quarterly FDIC filings. All deposits up to $250,000 per depositor per ownership category are FDIC insured.
Northwestern Mutual Wealth M (FDIC cert 57093) is a community bank — $491M in total assets, $51M in deposits, serving the Milwaukee, Wisconsin area. Community banks make up the largest share of U.S. banks by count but a much smaller share by assets.
Capital position is strong: Tier 1 capital ratio of 58.86% sits comfortably above the 8% well-capitalized regulatory threshold and the 10% well-capitalized-plus floor for community banks. Strong capital is the first line of defense against unexpected loan losses. Asset quality is clean: non-performing loan ratio of 0.00% is below 0.5% — well within the healthy range for U.S. community and regional banks. Clean NPL ratios reflect either disciplined underwriting, a low-credit-risk loan mix, or both. Liquidity is very high: 92.7% of assets in liquid form, well above peer norms. Very high liquidity sometimes reflects a bank still building out its loan portfolio or one operating under specific regulatory liquidity requirements.
Profitability is strong: return on assets of 51.17% is well above the 1.0% benchmark most analysts use as the threshold for a healthy bank. Strong ROA usually reflects disciplined cost management, healthy net interest margins, or both. Health-score trend is essentially stable across the recent-quarters window — the typical pattern for established banks operating in steady-state mode. Northwestern Mutual Wealth M carries a composite BankHealth grade of A (100/100) as of the 2024-06 Call Report filing. The grade combines capital ratios (Tier 1), asset quality (non-performing loans), liquidity, and profitability into a single signal.
Source: FDIC BankFind API — Call Report data.
Key Facts: Northwestern Mutual Wealth M
- Total Assets
- $491M
- Total Deposits
- $51M
- Tier 1 Capital Ratio
- 58.86%
- Capital Status
- Well-Capitalized
- Nonperforming Loans
- 0.00%
- Liquidity Ratio
- 92.68%
- Return on Assets
- 51.17%
- Headquarters
- Milwaukee, Wisconsin
- FDIC Certificate
- #57093
- Health Grade
- A (100/100)
- Latest Call Report
- Q2 2024
FDIC Filings & Call Report Data
Northwestern Mutual Wealth M files quarterly Call Reports with the FDIC under Certificate #57093. The figures on this page reflect the Q2 2024 Call Report, which is the most recent FDIC filing currently available. Historical filings and Uniform Bank Performance Reports (UBPR) are accessible directly from the FDIC BankFind directory and the FFIEC Central Data Repository.
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Capital & Safety Analysis
According to FDIC financial data, Northwestern Mutual Wealth M holds a Tier 1 capital ratio of 58.86%. This exceeds the 8% threshold regulators consider "well-capitalized," meaning Northwestern Mutual Wealth M has a strong buffer to absorb potential losses.
Key Financial Metrics
What This Means For Your Money
Northwestern Mutual Wealth M shows strong financial health indicators. With $491M in assets and a Health Score of 100/100, this bank demonstrates solid capital reserves, manageable loan risk, and adequate liquidity to serve its depositors.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
How Northwestern Mutual Wealth M Compares
Northwestern Mutual Wealth M’s Health Score of 100 is 22 points above the Wisconsin state average of 78 across 141 FDIC-insured banks. Its 58.86% Tier 1 capital ratio is 44.9 points above the US banking industry average near 14%. The 0.00% nonperforming loan ratio is lower than the industry norm (~0.8%), indicating cleaner loan quality than peers. Return on assets of 51.17% is in line with or above the national ROA benchmark of ~1.1%. Among 1466 similarly-sized banks, the average Health Score is 80, meaning this bank ranks above its size cohort. Site-wide, Northwestern Mutual Wealth M is 20 points above the portfolio average of 80.
Frequently Asked Questions
Northwestern Mutual Wealth M has a Bank Health Score of A (100/100), placing it one of the safest banks in our analysis. It holds a Tier 1 capital ratio of 58.86%, which is above the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
Bank failures are uncommon — only ~5 of 4,000+ FDIC-insured banks fail in a typical year. Northwestern Mutual Wealth M's Tier 1 capital ratio of 58.86% and nonperforming loan ratio of 0.00% indicate a low risk profile relative to the industry. Even in a failure scenario, insured deposits ($250K per depositor per ownership category) are typically available within two business days.
Money in checking, savings, money market, and CD accounts at Northwestern Mutual Wealth M is FDIC-insured up to $250,000 per depositor per ownership category (FDIC Cert #57093). Joint accounts get $250K per co-owner. Funds above the limit are not insured — for higher balances, consider spreading across multiple banks or using a CDARS-like network.
Northwestern Mutual Wealth M holds $491M in total assets and $51M in total deposits. It is headquartered in Milwaukee, Wisconsin (FDIC Certificate #57093).
Northwestern Mutual Wealth M's FDIC filings — including quarterly Call Reports and Uniform Bank Performance Reports — are filed under FDIC Certificate #57093 and available through the FDIC BankFind directory and the FFIEC Central Data Repository. The data on this page reflects the Q2 2024 Call Report.
Northwestern Mutual Wealth M has a Tier 1 capital ratio of 58.86%, classifying it as "Well-Capitalized." Federal regulators consider 8% the threshold for "well-capitalized." The bank's nonperforming loan ratio is 0.00%, and the return on assets is 51.17%.
Yes. Northwestern Mutual Wealth M is FDIC-insured (Certificate #57093). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category — covering checking, savings, money market deposit accounts, and CDs. Even if a bank fails, insured depositors typically regain access to funds within two business days.
An A grade on our Bank Health Score means 85+/100 — top-tier capital, low loan losses, strong liquidity. The grade combines Tier 1 capital ratio (35% weight), nonperforming loan ratio (30%), liquidity ratio (25%), and return on assets (10%).
Northwestern Mutual Wealth M's metrics indicate solid financial health with no major stress signals — there's no current data-driven reason to move insured deposits. The FDIC's $250K-per-depositor insurance applies regardless of the bank's health.