Macatawa Bank

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.01%	5-year CD	3.10% - American Express National Bank 60 Month CD
0.35%	1-year CD	2.65% - Barclays 12 Month Online CD
0.20%	Savings	2.20% - Barclays Online Savings Account

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 431^st largest bank in the nation. It was established in 1997 and as of September of 2018, it had grown to 336 employees at 29 locations. Macatawa Bank's money market rates are 59% higher than the national average, and it boasts an A+ health rating.

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

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q3 2018

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	34618
Year Established	1997
Employees	336
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	1.48%
Return on Equity - YTD	13.19%
Annual Interest Income	$50.5MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$1.92B$1.80B
Loans	Q3 2018vs Q3 2017	$1.33B$1.25B
Deposits	Q3 2018vs Q3 2017	$1.62B$1.51B
Equity Capital	Q3 2018vs Q3 2017	$217.4MM$207.5MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$16.8MM$16.4MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$123.00K$521.00K
Real Estate Owned	Q3 2018vs Q3 2017	$3.5MM$6.7MM

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

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 - $2.5k \| 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
0.70%^*	$250k^*	-	Preferred Partner Money Market
OTHER TIERS: 0.25% → Up to $10k \| 0.30% → $10k - $25k \| 0.40% → $25k - $50k \| 0.50% → $50k - $100k \| 0.65% → $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
2.85%	$1k	$100k	37 Month CD Special
2.75%	$1k	$100k	29 Month CD Special
2.50%	$1k	$100k	17 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

APY	MIN	MAX	ACCOUNT NAME
2.85%	$1k	$100k	37 Month IRA Special
2.75%	$1k	$100k	29 Month IRA Special
2.50%	$1k	$100k	17 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

Grand Rapids Area

Grand Rapids Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.