Overview / Commentary
Old Mission Bank is headquartered in Sault Sainte Mar and is the 74th largest bank in the state of Michigan. It is also the 3,851st largest bank in the nation. It was established in 2000 and as of March of 2019, it had grown to 31 employees at 2 locations. Old Mission Bank has a B+ health rating.
Reviews (1)
Sevice Is Poor
Posted by: Anonymous | Nov 1, 2011
Terrible, always wanting more documentations. Also, they use a title company that is bad.
Health
B+
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 35303 |
| Year Established | 2000 |
| Employees | 31 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.82% |
| Return on Equity - YTD | 7.47% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $116.9MM$113.7MM |
| Loans | Q1 2019vs Q1 2018 | $58.9MM$59.7MM |
| Deposits | Q1 2019vs Q1 2018 | $101.8MM$99.3MM |
| Equity Capital | Q1 2019vs Q1 2018 | $13.0MM$12.0MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $874.00K$1.0MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1.2MM$1.1MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $66.00K$175.00K |
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Always verify rates and promotions with the bank or credit union. We are not Old Mission 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.
Old Mission Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | - | $10k | Free Kasasa Saver | ||
| OTHER TIERS: 0.20% → $10k+ | |||||
Old Mission Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25%* | - | $10k | Free Kasasa Cash Checking | ||
| OTHER TIERS: 0.20% → $10k+ | |||||
Locations
| Old Mission Bank Locations | ||
|---|---|---|
| Old Mission Bank | 2701 1-75 Business Spur | Sault Sainte Marie, MI 49783 |
| Pickford Branch | 7196 E. Charles | Pickford, MI 49774 |