Macatawa Bank

Overview / Commentary
10753 Macatawa Drive
Holland, MI 49424

Macatawa Bank is headquartered in Holland and is the 7th largest bank in the state of Michigan. It is also the 429th largest bank in the nation. It was established in 1997 and as of June of 2019, it had grown to 339 employees at 29 locations. Macatawa Bank's money market rates are 25% higher than the national average, and it boasts an A+ health rating.

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Health Grade Components

FDIC Certificate #34618
Year Established1997
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.72%
Return on Equity - YTD14.55%
Annual Interest Income$38.4MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$1.98B$1.87B
LoansQ2 2019vs Q2 2018$1.33B$1.31B
DepositsQ2 2019vs Q2 2018$1.67B$1.59B
Equity CapitalQ2 2019vs Q2 2018$238.9MM$213.5MM
Loan Loss AllowanceQ2 2019vs Q2 2018$16.9MM$16.7MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$293.00K$125.00K
Real Estate OwnedQ2 2019vs Q2 2018$3.1MM$3.9MM
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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

0.15%*$5k*-Health Savings Account
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $5k
0.10%*$1k*-Regular Savings
OTHER TIERS: 0.05% Up to $1k
0.10%*$1k*-IRA Savings
OTHER TIERS: 0.05% Up to $1k

Macatawa Bank Money Market Rates

0.55%*$250k*-Preferred Partner Money Market
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.35% $50k - $100k | 0.40% $100k - $250k
0.35%*$250k*-Personal Money Market
OTHER TIERS: 0.10% Up to $25k | 0.15% $25k - $50k | 0.20% $50k - $100k | 0.25% $100k - $250k

Macatawa Bank Checking Account Rates

0.15%*$100k*-Interest Rewards Checking
OTHER TIERS: 0.05% Up to $50k | 0.10% $50k - $100k

Macatawa Bank CD Rates

2.25%$1k$100k17 Month CD Special
2.01%$1k-48-59 Month CD
2.01%$1k-60-120 Month CD
1.62%$1k-36-47 Month CD
1.57%$1k-24-35 Month CD
1.30%$1k-9 Month CD Special
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

2.25%$1k$100k17 Month IRA Special
2.01%$1k-48-59 Month IRA
2.01%$1k-60-120 Month IRA
1.62%$1k-36-47 Month IRA
1.57%$1k-24-35 Month IRA
1.30%$1k-9 Month IRA Special
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


Grand Rapids Area

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