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Keweenaw Financial Corporation was formed in 1990. It is the parent company of Superior National Bank, established in 1890. Keweenaw Financial stock is closely held, traded only in-house, and limited to no more than 2,000 shareholders.
We’ve drawn on our financial strength to serve customers. This has been especially evident in times of need, such as during the COVID-19 pandemic. Our response by the end of 2022 included a $20 million premium pay program for our employees, relief assistance and 108,000 Small Business Administration Paycheck Protection Program (PPP) loans for our customers, and $30 million in expedited charitable contributions for our communities.
We also recognize that these past years has fundamentally changed banking by accelerating the shift to digital products and services.
