Overview / Commentary
616-820-1444
10753 Macatawa Drive
Holland, MI 49424

Macatawa Bank is headquartered in Holland and is the 6th largest bank in the state of Michigan. It is also the 434th largest bank in the nation. It was established in 1997 and as of June of 2018, it had grown to 345 employees at 30 locations. Macatawa Bank's money market rates are 36% higher than the national average, and it boasts an A+ health rating.

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Promo Cds - Quick Look - 2/12/2018

Macatawa Bank is running three promo CDs: 17-months - 1.75% APY 29-months - 2.10% APY 37-months - 2.25% APY $1,000 minimum opening deposit per CD and up to a maximum of $100,000 collectively per household

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Health
A+

Health Grade Components

Overall
FDIC Certificate #34618
Year Established1997
Employees345
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.45%
Return on Equity - YTD12.92%
Annual Interest Income$32.9MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$1.87B$1.76B
LoansQ2 2018vs Q2 2017$1.31B$1.24B
DepositsQ2 2018vs Q2 2017$1.59B$1.47B
Equity CapitalQ2 2018vs Q2 2017$213.5MM$204.2MM
Loan Loss AllowanceQ2 2018vs Q2 2017$16.7MM$16.6MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$125.00K$670.00K
Real Estate OwnedQ2 2018vs Q2 2017$3.9MM$7.1MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not Macatawa Bank; 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.

Macatawa Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$10k*-Health Savings Account
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $2.5k | 0.25% $2.5k - $5k | 0.40% $5k - $10k
0.15%*$1k*-Regular Savings
OTHER TIERS: 0.10% Up to $1k
0.15%*$1k*-IRA Savings
OTHER TIERS: 0.10% Up to $1k

Macatawa Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%*$100k*-Preferred Partner Money Market
OTHER TIERS: 0.25% Up to $10k | 0.30% $10k - $25k | 0.35% $25k - $50k | 0.45% $50k - $100k
0.55%*$250k*-Personal Money Market
OTHER TIERS: 0.20% Up to $25k | 0.25% $25k - $50k | 0.35% $50k - $100k | 0.50% $100k - $250k

Macatawa Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$250k*-Interest Rewards Checking
OTHER TIERS: 0.15% Up to $5k | 0.20% $5k - $250k

Macatawa Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.70%$1k$100k37 Month CD Special
2.60%$1k$100k29 Month CD Special
2.25%$1k$100k17 Month CD Special
2.01%$1k-48-59 Month CD
2.01%$1k-60-120 Month CD
1.31%$1k-36-47 Month CD
1.26%$1k-24-35 Month CD
1.00%$1k-18-23 Month CD
0.75%$1k-12-17 Month CD
0.50%$1k-6-11 Month CD
0.35%$1k-12 Month Personal Easy Exit CD
0.25%$1k-3-5 Month CD

Macatawa Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.70%$1k$100k37 Month IRA Special
2.60%$1k$100k29 Month IRA Special
2.25%$1k$100k17 Month IRA Special
2.01%$1k-48-59 Month IRA
2.01%$1k-60-120 Month IRA
1.31%$1k-36-47 Month IRA
1.26%$1k-24-35 Month IRA
1.00%$1k-18-23 Month IRA
0.75%$1k-12-17 Month IRA
0.50%$1k-6-11 Month IRA
0.25%$1k-3-5 Month IRA
Locations

Availability



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