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 72^nd largest bank in the state of Michigan. It is also the 3,716^th largest bank in the nation. It was established in 2000 and as of June of 2019, it had grown to 33 employees at 2 locations. Old Mission Bank has an A health rating.

Reviews (1)

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Sevice Is Poor

Posted by: Anonymous | Nov 1, 2011

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

Comment

Health

Data as of Q2 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	35303
Year Established	2000
Employees	33
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.73%
Return on Equity - YTD	6.59%
Annual Interest Income	$2.5MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$123.4MM$112.3MM
Loans	Q2 2019vs Q2 2018	$58.8MM$59.7MM
Deposits	Q2 2019vs Q2 2018	$107.4MM$98.0MM
Equity Capital	Q2 2019vs Q2 2018	$13.8MM$12.2MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$880.00K$989.00K
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$1.3MM$823.00K
Real Estate Owned	Q2 2019vs Q2 2018	$66.00K$175.00K

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

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

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