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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 69th largest bank in the state of Michigan. It is also the 3,668th largest bank in the nation. It was established in 2000 and as of March of 2020, it had grown to 31 employees at 2 locations. Old Mission Bank has an A health rating.

Reviews (1)

Sevice Is Poor

Posted by: |

Terrible, always wanting more documentations. Also, they use a title company that is bad.

1


Health
A

Data as of Q1 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35303
Year Established2000
Employees31
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD5.7%
Annual Interest Income$1.3MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$123.0MM$116.9MM
LoansQ1 2020vs Q1 2019$56.2MM$58.9MM
DepositsQ1 2020vs Q1 2019$106.3MM$101.8MM
Equity CapitalQ1 2020vs Q1 2019$14.5MM$13.0MM
Loan Loss AllowanceQ1 2020vs Q1 2019$774.00K$874.00K
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$632.00K$1.2MM
Real Estate OwnedQ1 2020vs Q1 2019$526.00K$66.00K
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

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