This bank in Michigan has a few convenient locations. The staff is usually somewhat friendly and helpful. The number and types of services is limited, and the rates on certificates of deposit and savings accounts are lower than average. Another problem with this bank is that they charge huge overdraft fee's instead of denying your debit card at the point of sale. Their online banking system is sometimes delayed and this leads to lots of overdraft fees. If you are looking for a bank with lenient overdraft policies look elsewhere.
I've had Mbank for several years and my social security direct deposit goes there. The overdraft fees are out of this world. For something that went through just fine a few days before it will suddenly bounce and they'll sock you with a $90 fee followed by $20 fee after fee after fee. Then the bank will send the bill or purchase amount back to the store or company time and time and time again charging it against the account each time with a huge fee each time. Today they created a $290 overdraft (with fees) out of a bill that cleared a few days before. They charged fees that caused other things to bounce that also cleared before. There will now be a charge everyday until my next SS check is deposited 14 days from now. I wouldn't recommend if you need to budget and use the last cent of your income.
We had a nice local customer service oriented bank and mBank gobbled them up.
Their fee schedule is outrageous.
They pay zip in interest.
Bill pay stinks.
mBank app stinks.
Their main business is commercial loans. Need I say more?
Link to their fee schedule;
We do not have health information for mBank, because it is no longer an operational bank.
Sorry, we do not have rate data for mBank.
Sorry, but we do not have location data for mBank. Its headquarters is located at 130 South Cedar Street - Manistique, MI 49854