Macatawa Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.50%	5-year CD	60-120 Month CD 2.50% - Ally Bank High Yield 5 Year CD
0.35%	1-year CD	12 Month Personal Easy Exit CD 2.10% - Goldman Sachs Bank USA High-yield 12 Month CD
0.15%	Savings	Regular Savings 1.55% - Synchrony Bank High Yield Savings

View all Macatawa Bank rates »

Overview / Commentary

www.macatawabank.com

616-820-1444

10753 Macatawa Drive
Holland, MI 49424

Macatawa Bank is headquartered in Holland and is the 6^th largest bank in the state of Michigan. It is also the 432^nd largest bank in the nation. It was established in 1997 and as of December of 2017, it had grown to 341 employees at 30 locations. Macatawa Bank's money market rates are 14% higher than the national average, and it boasts an A+ health rating.

Overall
FDIC Certificate #	34618
Year Established	1997
Employees	341
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1%
Return on Equity - YTD	8.76%
Annual Interest Income	$57.7MM

Assets and Liabilities
Assets	Q4 2017vs Q4 2016	$1.89B$1.74B
Loans	Q4 2017vs Q4 2016	$1.30B$1.27B
Deposits	Q4 2017vs Q4 2016	$1.58B$1.45B
Equity Capital	Q4 2017vs Q4 2016	$207.1MM$196.5MM
Loan Loss Allowance	Q4 2017vs Q4 2016	$16.6MM$17.0MM
Unbacked Noncurrent Loans	Q4 2017vs Q4 2016	$395.00K$300.00K
Real Estate Owned	Q4 2017vs Q4 2016	$5.8MM$12.3MM

User-submitted Promotions & Notices

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This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Promo Cds - Quick Look

Carpline | Feb 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

2

Rates

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Savings
Money Market
Checking
CD
IRA

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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

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$10k^*	-	Health Savings Account
OTHER TIERS: 0.05% → Up to $1k \| 0.10% → $1k - $2,500 \| 0.25% → $2,500 - $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

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$100k^*	-	Preferred Partner Money Market
OTHER TIERS: 0.20% → Up to $25k \| 0.25% → $25k - $50k \| 0.35% → $50k - $100k
0.45%^*	$100k^*	-	Personal Money Market
OTHER TIERS: 0.15% → Up to $25k \| 0.20% → $25k - $50k \| 0.30% → $50k - $100k

Macatawa Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.20%^*	$250k^*	-	Interest Rewards Checking
OTHER TIERS: 0.10% → Up to $5k \| 0.15% → $5k - $250k

Macatawa Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.36%	$1k	$100k	37 Month CD Special
2.25%	$1k	$100k	29 Month CD Special
2.11%	$1k	$100k	17 Month CD Special
1.50%	$1k	-	60-120 Month CD
1.20%	$1k	-	48-59 Month CD
0.90%	$1k	-	36-47 Month CD
0.75%	$1k	-	24-35 Month CD
0.55%	$1k	-	18-23 Month CD
0.40%	$1k	-	12-17 Month CD
0.35%	$1k	-	12 Month Personal Easy Exit CD
0.25%	$1k	-	6-11 Month CD
0.10%	$1k	-	3-5 Month CD

Macatawa Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.36%	$1k	$100k	37 Month IRA Special
2.25%	$1k	$100k	29 Month IRA Special
2.11%	$1k	$100k	17 Month IRA Special
1.50%	$1k	-	60-120 Month IRA
1.20%	$1k	-	48-59 Month IRA
0.90%	$1k	-	36-47 Month IRA
0.75%	$1k	-	24-35 Month IRA
0.55%	$1k	-	18-23 Month IRA
0.40%	$1k	-	12-17 Month IRA
0.25%	$1k	-	6-11 Month IRA
0.10%	$1k	-	3-5 Month IRA

Locations

Availability

Grand Rapids Area

Grand Rapids Area bank & credit union details

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