Eastern Michigan Bank


Overview / Commentary
810-679-2500
65 North Howard Avenue
Croswell, MI 48422

Eastern Michigan Bank is headquartered in Croswell and is the 28th largest bank in the state of Michigan. It is also the 1,646th largest bank in the nation. It was established in 1895 and as of March of 2022, it had grown to 82 employees at 11 locations. Eastern Michigan Bank has an A health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
FDIC Certificate #982
Year Established1895
Employees82
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD7.71%
Annual Interest Income$3.2MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$545.4MM$494.2MM
LoansQ1 2022vs Q1 2021$178.3MM$240.2MM
DepositsQ1 2022vs Q1 2021$507.8MM$449.8MM
Equity CapitalQ1 2022vs Q1 2021$36.9MM$43.0MM
Loan Loss AllowanceQ1 2022vs Q1 2021$1.7MM$1.7MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$95.00K$242.00K
Real Estate OwnedQ1 2022vs Q1 2021$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Eastern Michigan Bank; 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.

Eastern Michigan Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$100-Statement Savings Account
0.05%--365 Club Savings Account
0.05%$10-Sunny Savers Account

Eastern Michigan Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Prestige Money Market Savings Account
OTHER TIERS: 0.03% Up to $10k | 0.05% $10k - $50k | 0.10% $50k - $100k

Eastern Michigan Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$100k*-Interest Checking Account
OTHER TIERS: 0.01% Up to $2.5k | 0.03% $2.5k - $25k | 0.05% $25k - $100k
0.10%*$100k*-Advantage 50 Checking
OTHER TIERS: 0.01% Up to $2.5k | 0.03% $2.5k - $25k | 0.05% $25k - $100k

Eastern Michigan Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$1k-60 Month CD
0.40%$1k-48 Month CD
0.40%$2.5k-36 Month Adv 50 Club CD
0.35%$2.5k-24 Month Adv 50 Club CD
0.30%$1k-36 Month CD
0.25%$1k-30 Month CD
0.25%$2.5k-12 Month Adv 50 Club CD
0.15%$1k-12 Month CD
0.15%$1k-24 Month CD
0.10%$1k-6 Month CD
0.10%$1k-9 Month CD

Eastern Michigan Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-60 Month IRA
0.40%$500-48 Month IRA
0.30%$500-36 Month IRA
0.25%$500-30 Month IRA
0.15%$500-12 Month IRA
0.15%$500-24 Month IRA
0.10%$500-6 Month IRA
0.10%$500-9 Month IRA
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.