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  2. Old Mission Bank

Old Mission Bank


Overview / Commentary
www.oldmissionbank.com
906-635-9910
2701 1-75 Business Spur
Sault Ste. Marie, MI 49783

Old Mission Bank is headquartered in Sault Sainte Mar and is the 80th largest bank in the state of Michigan. It is also the 4,121st largest bank in the nation. It was established in 2000 and as of June of 2017, it had grown to 33 employees at 2 locations. Old Mission Bank has an A 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.

1


Health
A

Data as of Q2 2017

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35303
Year Established2000
Employees33
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.9%
Return on Equity - YTD7.79%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$110.6MM$107.1MM
LoansQ2 2017vs Q2 2016$61.2MM$63.4MM
DepositsQ2 2017vs Q2 2016$95.9MM$90.3MM
Equity CapitalQ2 2017vs Q2 2016$12.8MM$12.4MM
Loan Loss AllowanceQ2 2017vs Q2 2016$967.00K$883.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$736.00K$691.00K
Real Estate OwnedQ2 2017vs Q2 2016$175.00K$434.00K
Rates
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* 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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*-$10kFree Kasasa Saver
OTHER TIERS: 0.20% → $10k+

Old Mission Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*-$10kFree Kasasa Cash Checking
OTHER TIERS: 0.20% → $10k+
Locations


Old Mission Bank Locations
Old Mission Bank2701 1-75 Business SpurSault Sainte Marie, MI 49783
Pickford Branch7196 E. CharlesPickford, MI 49774