Overview / Commentary
Baybank is headquartered in Gladstone and is the 77th largest bank in the state of Michigan. It is also the 3,983rd largest bank in the nation. It was established in 1912 and as of June of 2019, it had grown to 27 employees at 3 locations. Baybank has a B+ health rating.
Health
B+
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1092 |
| Year Established | 1912 |
| Employees | 27 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 11.5% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $105.2MM$93.8MM |
| Loans | Q2 2019vs Q2 2018 | $76.5MM$67.3MM |
| Deposits | Q2 2019vs Q2 2018 | $90.5MM$80.8MM |
| Equity Capital | Q2 2019vs Q2 2018 | $9.7MM$8.7MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $673.00K$706.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $777.00K$352.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $315.00K$662.00K |
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Baybank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Baybank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | - | $10k | Kasasa Saver | ||
| OTHER TIERS: 0.10% → $10k+ | |||||
Baybank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | - | $10k | Kasasa Cash | ||
| OTHER TIERS: 0.05% → $10k+ | |||||
Locations
| Baybank Locations | ||
|---|---|---|
| Baybank | 104 South Tenth Street | Gladstone, MI 49837 |
| Escanaba Branch | 2404 Third Avenue North | Escanaba, MI 49829 |
| Rapid River Branch | 10513 North Main Street | Rapid River, MI 49878 |