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 6^th largest bank in the state of Michigan. It is also the 410^th largest bank in the nation. It was established in 1997 and as of September of 2019, it had grown to 328 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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2018

2/12 - Promo Cds - Quick Look

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Health

A+

Data as of Q3 2019

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Health Grade Components

Overall
FDIC Certificate #	34618
Year Established	1997
Employees	328
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.7%
Return on Equity - YTD	14.51%
Annual Interest Income	$57.5MM

Assets and Liabilities
Assets	Q3 2019vs Q3 2018	$2.14B$1.92B
Loans	Q3 2019vs Q3 2018	$1.36B$1.33B
Deposits	Q3 2019vs Q3 2018	$1.83B$1.62B
Equity Capital	Q3 2019vs Q3 2018	$244.7MM$217.4MM
Loan Loss Allowance	Q3 2019vs Q3 2018	$17.1MM$16.8MM
Unbacked Noncurrent Loans	Q3 2019vs Q3 2018	$211.00K$123.00K
Real Estate Owned	Q3 2019vs Q3 2018	$3.1MM$3.5MM

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
0.15%^*	$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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%^*	$100k^*	-	Interest Rewards Checking
OTHER TIERS: 0.05% → Up to $50k \| 0.10% → $50k - $100k

Macatawa Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
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	$100k	7 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

APY	MIN	MAX	ACCOUNT NAME
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	$100k	7 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

Locations

Availability

Grand Rapids Area

Grand Rapids Area bank & credit union details

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