Eastern Michigan Bank

Overview / Commentary

www.emb.bank

810-679-2500

65 North Howard Avenue
Croswell, MI 48422

Eastern Michigan Bank is headquartered in Croswell and is the 28^th largest bank in the state of Michigan. It is also the 1,646^th 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.

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Health

Data as of Q1 2022

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Health Grade Components

Overall
FDIC Certificate #	982
Year Established	1895
Employees	82
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.58%
Return on Equity - YTD	7.71%
Annual Interest Income	$3.2MM

Assets and Liabilities
Assets	Q1 2022vs Q1 2021	$545.4MM$494.2MM
Loans	Q1 2022vs Q1 2021	$178.3MM$240.2MM
Deposits	Q1 2022vs Q1 2021	$507.8MM$449.8MM
Equity Capital	Q1 2022vs Q1 2021	$36.9MM$43.0MM
Loan Loss Allowance	Q1 2022vs Q1 2021	$1.7MM$1.7MM
Unbacked Noncurrent Loans	Q1 2022vs Q1 2021	$95.00K$242.00K
Real Estate Owned	Q1 2022vs Q1 2021	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* 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

APY	MIN	MAX	ACCOUNT NAME
0.05%	$100	-	Statement Savings Account
0.05%	-	-	365 Club Savings Account
0.05%	$10	-	Sunny Savers Account

Eastern Michigan Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW 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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

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