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

First State Bank (MI) is headquartered in Eastpointe and is the 17th largest bank in the state of Michigan. It is also the 1,057th largest bank in the nation. It was established in 1917 and as of June of 2018, it had grown to 169 employees at 11 locations. First State Bank (MI)'s CD rates are 68% higher than the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #15032
Year Established1917
Employees169
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.04%
Return on Equity - YTD9.83%
Annual Interest Income$13.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$708.2MM$670.1MM
LoansQ2 2018vs Q2 2017$498.2MM$445.0MM
DepositsQ2 2018vs Q2 2017$608.1MM$596.3MM
Equity CapitalQ2 2018vs Q2 2017$73.1MM$72.3MM
Loan Loss AllowanceQ2 2018vs Q2 2017$6.5MM$6.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$2.5MM$1.9MM
Real Estate OwnedQ2 2018vs Q2 2017$304.00K$480.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not First State Bank (MI); 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.

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 $2.5k | 0.10% $2.5k - $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 $2.5k | 0.10% $2.5k - $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
2.10%$1k-13 Month Bump Up CD Special - New Money
2.10%$1k-Business 13 Month Bump Up CD Special - New Money
2.02%*$75k*-60 Month Fixed Rate CD
OTHER TIERS: 1.41% $1k - $10k | 1.61% $10k - $50k | 1.81% $50k - $75k
2.02%*$75k*-Business 60 Month Fixed Rate CD
OTHER TIERS: 1.41% $1k - $10k | 1.61% $10k - $50k | 1.81% $50k - $75k
1.81%*$75k*-48 Month Fixed Rate CD
OTHER TIERS: 1.21% $1k - $10k | 1.41% $10k - $25k | 1.51% $25k - $50k | 1.76% $50k - $75k
1.81%*$75k*-Business 48 Month Fixed Rate CD
OTHER TIERS: 1.21% $1k - $10k | 1.41% $10k - $25k | 1.51% $25k - $50k | 1.76% $50k - $75k
1.76%*$75k*-18 Month Fixed Rate CD
OTHER TIERS: 0.50% $1k - $10k | 0.75% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$75k*-24 Month Fixed Rate CD
OTHER TIERS: 0.75% $1k - $10k | 1.00% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$75k*-30 Month Fixed Rate CD
OTHER TIERS: 0.75% $1k - $10k | 1.00% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$50k*-36 Month Fixed Rate CD
OTHER TIERS: 1.00% $1k - $10k | 1.26% $10k - $50k
1.76%*$75k*-Business 18 Month Fixed Rate CD
OTHER TIERS: 0.50% $1k - $10k | 0.75% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$75k*-Business 24 Month Fixed Rate CD
OTHER TIERS: 0.75% $1k - $10k | 1.00% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$75k*-Business 30 Month Fixed Rate CD
OTHER TIERS: 0.75% $1k - $10k | 1.00% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$50k*-Business 36 Month Fixed Rate CD
OTHER TIERS: 1.00% $1k - $10k | 1.26% $10k - $50k
1.51%*$75k*-12 Month Fixed Rate CD
OTHER TIERS: 0.50% $1k - $10k | 0.75% $10k - $25k | 1.26% $25k - $75k
1.51%*$75k*-Business 12 Month Fixed Rate CD
OTHER TIERS: 0.50% $1k - $10k | 0.75% $10k - $25k | 1.26% $25k - $75k
0.80%*$75k*-6 Month $250 Easy CD
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k | 0.75% $50k - $75k
0.80%*$75k*-6 Month Fixed Rate CD
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k | 0.75% $50k - $75k
0.80%*$75k*-Business 6 Month $250 Easy CD
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k | 0.75% $50k - $75k
0.80%*$75k*-Business 6 Month Fixed Rate CD
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k | 0.75% $50k - $75k
0.60%*$75k*-91 Day Fixed Rate CD
OTHER TIERS: 0.15% $1k - $25k | 0.25% $25k - $50k | 0.50% $50k - $75k
0.60%*$75k*-Business 91 Day Fixed Rate CD
OTHER TIERS: 0.15% $1k - $25k | 0.25% $25k - $50k | 0.50% $50k - $75k
0.25%*$50k*-30 Day Fixed Rate CD
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $50k
0.25%*$50k*-Business 30 Day Fixed Rate CD
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $50k

First State Bank (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.10%$1k-13 Month Bump Up IRA Special - New Money
2.02%*$75k*-60 Month Fixed Rate IRA
OTHER TIERS: 1.41% $1k - $10k | 1.61% $10k - $50k | 1.81% $50k - $75k
1.81%*$75k*-48 Month Fixed Rate IRA
OTHER TIERS: 1.21% $1k - $10k | 1.41% $10k - $25k | 1.51% $25k - $50k | 1.76% $50k - $75k
1.76%*$75k*-18 Month Fixed Rate IRA
OTHER TIERS: 0.50% $1k - $10k | 0.75% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$75k*-24 Month Fixed Rate IRA
OTHER TIERS: 0.75% $1k - $10k | 1.00% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$75k*-30 Month Fixed Rate IRA
OTHER TIERS: 0.75% $1k - $10k | 1.00% $10k - $25k | 1.26% $25k - $50k | 1.51% $50k - $75k
1.76%*$50k*-36 Month Fixed Rate IRA
OTHER TIERS: 1.00% $1k - $10k | 1.26% $10k - $50k
1.51%*$75k*-12 Month Fixed Rate IRA
OTHER TIERS: 0.50% $1k - $10k | 0.75% $10k - $25k | 1.26% $25k - $75k
0.80%*$75k*-6 Month $250 Easy IRA
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k | 0.75% $50k - $75k
0.80%*$75k*-6 Month Fixed Rate IRA
OTHER TIERS: 0.40% $1k - $25k | 0.50% $25k - $50k | 0.75% $50k - $75k
0.60%*$75k*-91 Day Fixed Rate IRA
OTHER TIERS: 0.15% $1k - $25k | 0.25% $25k - $50k | 0.50% $50k - $75k
0.25%$100-18 Month Variable Rate IRA
0.25%*$50k*-30 Day Fixed Rate IRA
OTHER TIERS: 0.10% $1k - $25k | 0.15% $25k - $50k
Locations

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