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125 South Fifth Avenue
Ann Arbor, MI 48107

Bank of Ann Arbor is headquartered in Ann Arbor and is the 10st largest bank in the state of Michigan. It is also the 706th largest bank in the nation. It was established in 1996 and as of June of 2014, it had grown to 158 employees at 7 locations. Bank of Ann Arbor's savings rates are 5X the national average, and it has a A health rating.

Reviews (1)

High Fees And No Interest Rate Guarantee


While the 2.8% rate is good as of 8.22.13, it is a drop from a higher rate as of February according to the official in charge of HSA policy at the bank. He did assure that it wasn't likely to drop drastically but he was honest about the fact that the trend is toward lowered rates over time. I'm disappointed by the high fees, $4 a month, and $12 to open the account. There is no fee to transfer out the HSA to another institution. The checks cost $3 for a book of 20 checks, but the debit card is free. 




Data for Q2 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Bank of Ann Arbor had $2.7 million in non-current loans and owned real-estate with $85.66 million in equity and loan loss allowances on hand to cover it. This gives Bank of Ann Arbor a Texas Ratio of 3.15% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Bank of Ann Arbor experienced no significant changes from 3.17% as of June 30, 2013 to 3.15% as of June 30, 2014, resulting in a positive change of 0.74%.This indicates that the balance sheet and financial strength for Bank of Ann Arbor has had no significant changes in recent periods.

Deposit Growth


In the past year, Bank of Ann Arbor has increased its total deposits by $44.55 million, resulting in 5.7% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Bank of Ann Arbor has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Bank of Ann Arbor has $955.28 million in assets with $85.66 million in equity, resulting in a capitalization level of 8.97%, which is average.

Institution Statistics

FDIC Certificate #34120
Year Established1996
Primary RegulatorFDIC
Assets and Liabilities
Assets$955.28 million
Loans$643.30 million
Deposits$826.60 million
Equity Capital$73.74 million
Loan Loss Allowance$11.92 million
Unbacked Noncurrent Loans$1.60 million
Real Estate Owned$1.10 million
Historic Data - June 2013
Assets$882.48 million
Equity Capital$66.13 million
Loan Loss Allowance$11.61 million
Unbacked Noncurrent Loans$1.60 million
Real Estate Owned$227,000
Profit Margin - Quarterly
Return on Assets1.22%
Return on Equity16.67%
Interest Income$18.21 million

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Bank of Ann Arbor Savings Account Rates

2.50%$10k-Health Savings Accounts
0.10%--Statement Savings For Minors
0.10%--Passbook Savings
0.10%--Statement Savings

Bank of Ann Arbor Money Market Rates

0.20%$1m-Money Market Savings
0.20%$1m-Commercial Money Market Savings

Bank of Ann Arbor Checking Account Rates

0.15%$1m-Commercial Money Market Checking
0.15%$100k-Smart One Account
0.15%$100k-Community Interest Checking
0.10%$10k-Personal Money Market Checking

Bank of Ann Arbor CD Rates

0.95%$1k$100k5 Year Retail CD
0.70%$1k$100k4 Year Retail CD
0.40%$1k$100k2 Year Retail CD
0.40%$100k-270 - 365 Day Jumbo CD
0.35%$1k$100k18 Month Retail CD
0.30%$1k$100k12 Month Retail CD
0.30%$100k-180-269 Day Jumbo CD
0.25%$1k$100k6 Month Retail CD
0.25%$100k-120 - 179 Day Jumbo CD
0.20%$100k-90 - 119 Day Jumbo CD
0.15%$1k$100k3 Month Retail CD
0.15%$100k-30 - 89 Day Jumbo CD
0.10%$100k-7 - 29 Day Jumbo CD

Bank of Ann Arbor Locations
Bank Of Ann Arbor125 South Fifth AvenueAnn Arbor, MI 48107
New Liberty Bank Branch1333 Ann Arbor RoadPlymouth, MI 48170
Saline Mi Branch179 East Michigan AvenueSaline, MI 48176
Stadium Branch2204 West Stadium BoulevardAnn Arbor, MI 48103
Plymouth Road Branch2601 Plymouth RoadAnn Arbor, MI 48105
Ypsilanti Branch7 West Michigan AvenueYpsilanti, MI 48197
Ellsworth Road Branch801 West Ellsworth RoadAnn Arbor, MI 48108