Featured Savings Rates
Featured Accounts

First State Bank (MI)

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.51%5-year CD60 Month Fixed Rate CD
0.75%1-year CD12 Month Fixed Rate CD
0.05%SavingsStatement Savings Account

Overview / Commentary
866-372-1275
16100 9 Mile Road
Eastpointe, MI 48021

First State Bank (MI) is headquartered in Eastpointe and is the 16th largest bank in the state of Michigan. It is also the 1,097th largest bank in the nation. It was established in 1917 and as of June of 2017, it had grown to 170 employees at 11 locations. First State Bank (MI) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #15032
Year Established1917
Employees170
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.76%
Return on Equity - YTD7.2%
Annual Interest Income$12.2MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$670.1MM$663.9MM
LoansQ2 2017vs Q2 2016$445.0MM$447.0MM
DepositsQ2 2017vs Q2 2016$596.3MM$590.5MM
Equity CapitalQ2 2017vs Q2 2016$72.3MM$72.1MM
Loan Loss AllowanceQ2 2017vs Q2 2016$6.3MM$6.0MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1.9MM$3.2MM
Real Estate OwnedQ2 2017vs Q2 2016$480.00K$15.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First State Bank (MI) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*-$2kHoliday Savings Club Account
OTHER TIERS: 0.05% $2k+
0.20%*$100k*-Premium Savings Account
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k | 0.15% $25k - $100k
0.20%*$100k*-Health Savings Account
OTHER TIERS: 0.15% Up to $100k
0.05%--Minor Savings Account
0.05%--Statement Savings Account
0.05%--Business Savings Account

First State Bank (MI) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$40k*-Business Money Market Account
OTHER TIERS: 0.10% Up to $40k

First State Bank (MI) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Premium Checking Account
OTHER TIERS: 0.05% Up to $2,500 | 0.10% $2,500 - $25k | 0.15% $25k - $100k
0.10%*$20k*-Public Funds Interest Checking
OTHER TIERS: 0.05% Up to $20k
0.05%--Business Interest Checking Account
0.05%--Interest on Lawyer Trust Accounts
0.05%$500-Classic Checking Account

First State Bank (MI) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$75k*-60 Month Fixed Rate CD
OTHER TIERS: 1.15% $1k - $10k | 1.31% $10k - $75k
1.51%*$75k*-Business 60 Month Fixed Rate CD
OTHER TIERS: 1.15% $1k - $10k | 1.31% $10k - $75k
1.31%*$75k*-48 Month Fixed Rate CD
OTHER TIERS: 1.00% $1k - $10k | 1.21% $10k - $75k
1.31%*$75k*-Business 48 Month Fixed Rate CD
OTHER TIERS: 1.00% $1k - $10k | 1.21% $10k - $75k
1.21%*$75k*-36 Month Fixed Rate CD
OTHER TIERS: 0.80% $1k - $50k | 1.10% $50k - $75k
1.21%*$75k*-Business 36 Month Fixed Rate CD
OTHER TIERS: 0.80% $1k - $50k | 1.10% $50k - $75k
1.00%*$50k*-24 Month Fixed Rate CD
OTHER TIERS: 0.60% $1k - $25k | 0.75% $25k - $50k
1.00%*$50k*-30 Month Fixed Rate CD
OTHER TIERS: 0.60% $1k - $25k | 0.75% $25k - $50k
1.00%*$50k*-Business 24 Month Fixed Rate CD
OTHER TIERS: 0.60% $1k - $25k | 0.75% $25k - $50k
1.00%*$50k*-Business 30 Month Fixed Rate CD
OTHER TIERS: 0.60% $1k - $25k | 0.75% $25k - $50k
0.75%*$50k*-12 Month Fixed Rate CD
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k
0.75%*$50k*-18 Month Fixed Rate CD
OTHER TIERS: 0.50% $1k - $50k
0.75%*$50k*-Business 12 Month Fixed Rate CD
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k
0.75%*$50k*-Business 18 Month Fixed Rate CD
OTHER TIERS: 0.50% $1k - $50k
0.60%*$75k*-6 Month Fixed Rate CD
OTHER TIERS: 0.20% $1k - $25k | 0.30% $25k - $50k | 0.50% $50k - $75k
0.60%*$75k*-Business 6 Month Fixed Rate CD
OTHER TIERS: 0.20% $1k - $25k | 0.30% $25k - $50k | 0.50% $50k - $75k
0.40%*$75k*-6 Month $250 Easy CD
OTHER TIERS: 0.20% $1k - $50k | 0.30% $50k - $75k
0.40%*$75k*-Business 6 Month $250 Easy CD
OTHER TIERS: 0.20% $1k - $50k | 0.30% $50k - $75k
0.20%*$75k*-91 Day Fixed Rate CD
OTHER TIERS: 0.10% $1k - $75k
0.20%*$75k*-Business 91 Day Fixed Rate CD
OTHER TIERS: 0.10% $1k - $75k
0.05%$1k-30 Day Fixed Rate CD
0.05%$1k-Business 30 Day Fixed Rate CD

First State Bank (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%*$75k*-60 Month Fixed Rate IRA
OTHER TIERS: 1.15% $1k - $10k | 1.31% $10k - $75k
1.31%*$75k*-48 Month Fixed Rate IRA
OTHER TIERS: 1.00% $1k - $10k | 1.21% $10k - $75k
1.21%*$75k*-36 Month Fixed Rate IRA
OTHER TIERS: 0.80% $1k - $50k | 1.10% $50k - $75k
1.00%*$50k*-24 Month Fixed Rate IRA
OTHER TIERS: 0.60% $1k - $25k | 0.75% $25k - $50k
1.00%*$50k*-30 Month Fixed Rate IRA
OTHER TIERS: 0.60% $1k - $25k | 0.75% $25k - $50k
0.75%*$50k*-12 Month Fixed Rate IRA
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k
0.75%*$50k*-18 Month Fixed Rate IRA
OTHER TIERS: 0.50% $1k - $50k
0.60%*$75k*-6 Month Fixed Rate IRA
OTHER TIERS: 0.20% $1k - $25k | 0.30% $25k - $50k | 0.50% $50k - $75k
0.40%*$75k*-6 Month $250 Easy IRA
OTHER TIERS: 0.20% $1k - $50k | 0.30% $50k - $75k
0.25%$100-18 Month Variable Rate IRA
0.20%*$75k*-91 Day Fixed Rate IRA
OTHER TIERS: 0.10% $1k - $75k
0.05%$1k-30 Day Fixed Rate IRA
Locations

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