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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 71st largest bank in the state of Michigan. It is also the 3,748th largest bank in the nation. It was established in 2000 and as of December of 2019, it had grown to 33 employees at 2 locations. Old Mission Bank has a B+ 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
B+

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #35303
Year Established2000
Employees33
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD7.48%
Annual Interest Income$5.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$118.7MM$117.7MM
LoansQ4 2019vs Q4 2018$57.7MM$58.9MM
DepositsQ4 2019vs Q4 2018$102.1MM$102.8MM
Equity CapitalQ4 2019vs Q4 2018$14.4MM$12.8MM
Loan Loss AllowanceQ4 2019vs Q4 2018$883.00K$885.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.4MM$1.1MM
Real Estate OwnedQ4 2019vs Q4 2018$66.00K$0
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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