Featured Savings Rates
Featured Accounts

mBank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.15%4-year CD48 - 60 Month CD
0.85%3-year CD36 - 47 Month CD
0.15%CheckingHigh Yield Checking

Overview / Commentary
906-341-8401
130 South Cedar Street
Manistique, MI 49854

mBank is headquartered in Manistique and is the 14th largest bank in the state of Michigan. It is also the 991st largest bank in the nation. It was established in 1934 and as of March of 2016, it had grown to 178 employees at 18 locations. mBank has an A health rating.

Related Posts

View all posts from:


Reviews (1)

Overdraft Fees

Posted by: Conrad906 | Apr 21, 2011

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.



Health
A

Health Grade Components

Overall
FDIC Certificate #14816
Year Established1934
Employees178
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.81%
Return on Equity - YTD7.03%
Annual Interest Income$8.3MM
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$729.3MM$718.1MM
LoansQ1 2016vs Q1 2015$613.7MM$583.8MM
DepositsQ1 2016vs Q1 2015$593.8MM$599.3MM
Equity CapitalQ1 2016vs Q1 2015$85.4MM$79.0MM
Loan Loss AllowanceQ1 2016vs Q1 2015$4.8MM$5.3MM
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$1.7MM$11.8MM
Real Estate OwnedQ1 2016vs Q1 2015$2.7MM$2.6MM
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not mBank; 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.

mBank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Statement Savings
0.05%--Minor Statement Savings
0.05%--Christmas Club
0.05%--Canadian Savings

mBank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%*$100k*-Premium Money Market Personal
OTHER TIERS: 0.05% Up to $25k | 0.10% $25k - $50k | 0.15% $50k - $100k
0.15%*$100k*-Premium Money Market Business
OTHER TIERS: 0.05% $5k - $50k | 0.10% $50k - $100k

mBank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.36%--Municipal Checking
0.28%--Municipal Checking/Corp.Cash
0.20%--Green Checking
0.20%--Business Green Checking
0.15%*$50k*-Business Now Checking
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k
0.15%*$100k*-High Yield Checking
OTHER TIERS: 0.10% Up to $100k
0.15%--Business High Yield Checking
0.15%--Rewards 55

mBank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.15%$250-48 - 60 Month CD
0.85%$250-36 - 47 Month CD
0.75%$250-30 Month Canadian CD
0.65%$250-24 - 35 Month CD
0.50%$250-13 - 17 Month CD
0.50%$250-18 - 23 Month CD
0.45%$250-12 Month CD
0.25%$250-6 - 11 Month CD
0.10%$250-2 - 5 Month CD
0.10%$100k-30 Day Jumbo CD Special

mBank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.15%$250-48 - 60 Month IRA
0.85%$250-36 - 47 Month IRA
0.75%$250-30 Month Canadian IRA
0.65%$250-24 - 35 Month IRA
0.50%$250-13 - 17 Month IRA
0.50%$250-18 - 23 Month IRA
0.45%$250-12 Month IRA
0.25%$250-6 - 11 Month IRA
0.10%$100k-30 Day Jumbo Special IRA
0.10%$250-2 - 5 Month IRA
Locations

mBank has 21 locations. Click to view all mBank locations.