The First National Bank of Wakefield is located in Wakefield and Bessemer on the west end of Michigan's beautiful Upper Peninsula. For nearly 100 years The First National Bank of Wakefield has served Upper Michigan and Northern Wisconsin giving the finest service and commitment possible.
Local businessmen organized the FNB of Wakefield in 1910 as a private bank. Organized with $2,500.00 in capital, the bank began operating out of the Hayward, Wescott, and Murray Dry goods store on the corner of Sunday Lake St. and Nunnemacher St. A new building was built in 1912 and has been our main office since that time. In February 1919 the FNB was chartered as a national bank by the United States Treasury Department. At that time national banks had the authority to print their own currency.
In 1968 majority control was returned to local hands. By the late 1970s, due to rapid growth the original building was not adequate to serve the customers properly.
The directors of the bank recognized that a branch bank in the City of Bessemer was needed to continue our growth and to provide the City of Bessemer with local financial products and services. The new branch was opened in April 2000 and continues to grow.
The FNB of Wakefield continues looking to keep its community updated with the best customer service and financial products and services available.
