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.
Overall | |
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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 | ||
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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 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $100 | - | Statement Savings Account | |
0.05% | - | - | 365 Club Savings Account | |
0.05% | $10 | - | Sunny Savers Account |
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 |