Macatawa Bank

Overview / Commentary

www.macatawabank.com

616-820-1444

10753 Macatawa Drive
Holland, MI 49424

Macatawa Bank is headquartered in Holland and is the 7^th largest bank in the state of Michigan. It is also the 441^st largest bank in the nation. It was established in 1997 and as of March of 2019, it had grown to 333 employees at 29 locations. Macatawa Bank's money market rates are 2X the national average, and it boasts an A+ health rating.

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2018

2/12 - Promo Cds - Quick Look

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Health

A+

Data as of Q1 2019

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Health Grade Components

Overall
FDIC Certificate #	34618
Year Established	1997
Employees	333
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.69%
Return on Equity - YTD	14.48%
Annual Interest Income	$19.2MM

Assets and Liabilities
Assets	Q1 2019vs Q1 2018	$1.92B$1.86B
Loans	Q1 2019vs Q1 2018	$1.37B$1.31B
Deposits	Q1 2019vs Q1 2018	$1.62B$1.57B
Equity Capital	Q1 2019vs Q1 2018	$231.4MM$209.2MM
Loan Loss Allowance	Q1 2019vs Q1 2018	$16.9MM$16.7MM
Unbacked Noncurrent Loans	Q1 2019vs Q1 2018	$409.00K$126.00K
Real Estate Owned	Q1 2019vs Q1 2018	$3.3MM$5.2MM

Rates

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Savings
Money Market
Checking
CD
IRA

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Macatawa Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
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
0.20%^*	$1k^*	-	Regular Savings
OTHER TIERS: 0.10% → Up to $1k
0.20%^*	$1k^*	-	IRA Savings
OTHER TIERS: 0.10% → Up to $1k

Macatawa Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%^*	$250k^*	-	Preferred Partner Money Market
OTHER TIERS: 0.30% → Up to $10k \| 0.40% → $10k - $25k \| 0.50% → $25k - $50k \| 0.65% → $50k - $100k \| 0.70% → $100k - $250k
0.60%^*	$250k^*	-	Personal Money Market
OTHER TIERS: 0.20% → Up to $25k \| 0.25% → $25k - $50k \| 0.40% → $50k - $100k \| 0.55% → $100k - $250k

Macatawa Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.35%^*	$250k^*	-	Interest Rewards Checking
OTHER TIERS: 0.15% → Up to $5k \| 0.20% → $5k - $50k \| 0.25% → $50k - $100k \| 0.30% → $100k - $250k

Macatawa Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	$100k	17 Month CD Special
2.01%	$1k	-	48-59 Month CD
2.01%	$1k	-	60-120 Month CD
2.00%	$1k	-	9 Month CD Special
1.62%	$1k	-	36-47 Month CD
1.57%	$1k	-	24-35 Month CD
1.26%	$1k	-	18-23 Month CD
1.00%	$1k	-	12-17 Month CD
0.60%	$1k	-	6-11 Month CD
0.50%	$1k	-	12 Month Personal Easy Exit CD
0.35%	$1k	-	3-5 Month CD

Macatawa Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%	$1k	$100k	17 Month IRA Special
2.01%	$1k	-	48-59 Month IRA
2.01%	$1k	-	60-120 Month IRA
2.00%	$1k	-	9 Month IRA Special
1.62%	$1k	-	36-47 Month IRA
1.57%	$1k	-	24-35 Month IRA
1.26%	$1k	-	18-23 Month IRA
1.00%	$1k	-	12-17 Month IRA
0.60%	$1k	-	6-11 Month IRA
0.35%	$1k	-	3-5 Month IRA

Locations

Availability

Grand Rapids Area

Grand Rapids Area bank & credit union details

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