Honor Bank

Overview | Eligibility Requirements | Receive alerts for this bank

LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.myhonorbank.com

877-325-8031

2254 Henry Street
Honor, MI 49640

Honor Bank is headquartered in HONOR and is the 38^th largest bank in the state of Michigan. It is also the 2,055^th largest bank in the nation. It was established in 1917 and as of March of 2025, it had grown to 74 employees at 9 locations. Honor Bank has an A health rating.

Reviews

Write a Review

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

Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	8165
Year Established	1917
Employees	74
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.17%
Return on Equity - YTD	12.74%
Annual Interest Income	$5.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$410.2MM$386.8MM
Loans	Q1 2025vs Q1 2024	$324.3MM$294.8MM
Deposits	Q1 2025vs Q1 2024	$365.8MM$345MM
Equity Capital	Q1 2025vs Q1 2024	$38.5MM$35.1MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$4.1MM$3.9MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$151K$102K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Honor Bank are currently being reviewed.

Locations

Honor Bank Locations
Buckley Branch	117 East Wexford Avenue	Buckley, MI 49620
Garfield Avenue Branch	1112 South Garfield Avenue	Traverse City, MI 49686
Bear Lake Branch	11926 Chippewa Highway	Bear Lake, MI 49614
Benzonia Branch	1720 Benzie Highway	Benzonia Township, MI 49616
Copemish Branch	18075 Cadillac Highway	Copemish, MI 49625
Honor Bank	2254 Henry St	Honor, MI 49640
Lake Ann Branch	Maple Avenue and Second Street	Lake Ann Village, MI 49650
Honor Bank	430 S Union St	Traverse City, MI 49684

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.