Northpointe Bank

3333 Deposit Drive NE
Grand Rapids, MI 49546
(888) 672-5626
www.northpointe.com

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Northpointe Bank is headquartered in Grand Rapids and is the 40^th largest bank in the state of Michigan. It is also the 2,209^th largest bank in the nation. It was established in 1999 and as of September of 2011, it had grown to 72 employees at 1 location. Northpointe Bank has a 3-star health rating.

Northpointe Bank Routing Number: 072413926

Special No-Penalty 3-Year CD at Northpointe Bank - Michigan Only - 10/21/2010

Northpointe Bank is offering a special 3-year CD which has no early withdrawal penalty after the first 18 months. It also has a competitive yield of 2.10% APY. Minimum deposit is $5,000. This special ...

1.40% Money Market Account At Northpoint Bank - Michigan Only (Forum) - 10/19/2010

For Michigan residents, this is a decent money market account rate. However, it's a tiered rate account. Rates as of 10/19/2010: 1.40% APY for $100K to $500K 1.20% APY for $25K to $100K 1.00% APY for $2.5K to $25K 0.50% APY for $0 to $2.5K

2.70% 15-Month CD & 3.00% 23-Month CD at Northpointe Bank in Michigan - Nationally Available - 6/18/2009

Northpointe Bank continues to offer competitive CD rates. Two of their CD specials that are listed on their front page as of 6/18/09 include a 2.70% APY 15-month CD and a 3.00% APY 23-month CD. Minimum deposit is $5,000. Note, when you click the link, it...

3.00% 23-Month CD & 2.65% 11-Month CD at Northpointe Bank in Michigan - 6/3/2009

Northpointe Bank is offering two competitive CD specials: a 3.00% APY 23-month CD and a 2.65% APY 11-month CD. Minimum deposit is $5,000. These rates are listed on the front page of the bank's website. Note, when you click the link, it takes you to the...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Northpointe Bank Checking Account Rates

Apy	Min	Max	Product
0.40%	$100k	-	The Ultimate Account
0.20%	-	-	Business Now
0.15%	-	-	Premium Checking
0.00%	-	-	Northpointe Checking

Northpointe Bank Savings Account Rates

Apy	Min	Max	Product
0.25%	-	-	Business Savings
0.20%	-	-	Statement Savings

Northpointe Bank Money Market Rates

Apy	Min	Max	Product
0.60%	$100k	-	Liquid High Yield Money Market
0.45%	$50k	-	Summit Money Market Account-Personal

Northpointe Bank CD Rates

Apy	Min	Max	Product
1.90%	$5k	-	60+ Month Fixed CD
1.90%	$5k	-	Business 60+ Month Fixed CD
1.60%	$5k	-	48 - 59 Month Fixed CD
1.60%	$5k	-	Business 48 - 59 Month Fixed CD
1.20%	$5k	-	36 - 47 Month Fixed CD
1.20%	$5k	-	Business 36 - 47 Month Fixed CD
1.05%	$5k	-	24 - 29 Month Fixed CD
1.05%	$5k	-	Business 24 - 29 Month Fixed CD
0.90%	$5k	-	18 - 23 Month Fixed CD
0.90%	$5k	-	Business 18 - 23 Month Fixed CD
0.70%	$5k	-	12 - 17 Month Fixed CD
0.70%	$5k	-	Business 12 - 17 Month Fixed CD
0.55%	$5k	-	6 - 11 Month Fixed CD
0.55%	$5k	-	Business 6 - 11 Month Fixed CD
0.30%	$5k	-	92 - 182 Day Fixed CD
0.30%	$5k	-	Business 92 - 182 Day Fixed CD
0.30%	$5k	-	7 - 91 Day Fixed CD
0.30%	$5k	-	Business 7 - 91 Day Fixed CD

Northpointe Bank IRA Rates

Apy	Min	Max	Product
1.90%	$5k	-	60+ Month Fixed IRA
1.60%	$5k	-	48 - 59 Month Fixed IRA
1.20%	$5k	-	36 - 47 Month Fixed IRA
1.05%	$5k	-	24 - 29 Month Fixed IRA
0.90%	$5k	-	18 - 23 Month Fixed IRA
0.70%	$5k	-	12 - 17 Month Fixed IRA
0.55%	$5k	-	6 - 11 Month Fixed IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

Northpointe Bank
FDIC Certificate #	34953
BankRate Report	View
Year Established	1999
Employees	72
Primary Regulator	FDIC
Assets and Liabilities
Assets	$293.22 million
Loans	$253.58 million
Deposits	$240.23 million
Equity Capital	$13.53 million
Loan Loss Allowance	$6.58 million
Unbacked Noncurrent Loans	$10.33 million
Real Estate Owned	$3.16 million
Historic Data - September 2010
Assets	$275.70 million
Equity Capital	$12.57 million
Loan Loss Allowance	$8.05 million
Unbacked Noncurrent Loans	$13.79 million
Real Estate Owned	$2.66 million
Profit Margin - Quarterly
Net Interest Margin	4.47%
Return on Assets	0.34%
Return on Equity	7.1%
Interest Income	$12.67 million

Institution Health

Overall Score:

3 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Northpointe Bank had $13.49 million in non-current loans and owned real-estate with $20.11 million in equity and loan loss allowances on hand to cover it. This gives Northpointe Bank a Texas Ratio of 67.08% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Northpointe Bank decreased slightly from 79.75% as of September 30, 2010 to 67.08% as of September 30, 2011, resulting in a positive change of 15.89%.This indicates that the balance sheet and financial strength for Northpointe Bank has improved slightly in recent periods.
Deposit Growth
In the past year, Northpointe Bank has increased its total deposits by $26.37 million, resulting in 12.33% 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 Northpointe Bank has shown is excellent.
Capitalization
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. Northpointe Bank has $293.22 million in assets with $20.11 million in equity, resulting in a capitalization level of 6.86%, which is below average.