Range Bank


Overview / Commentary
906-226-4040
100 North Front Street
Marquette, MI 49855

Range Bank is headquartered in MARQUETTE and is the 29th largest bank in the state of Michigan. It is also the 1,577th largest bank in the nation. It was established in 1887 and as of March of 2024, it had grown to 104 employees at 9 locations. Range Bank's CD rates are 3X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #5072
Year Established1887
Employees104
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD8.81%
Annual Interest Income$6MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$584.8MM$547.6MM
LoansQ1 2024vs Q1 2023$331.8MM$324.2MM
DepositsQ1 2024vs Q1 2023$510.3MM$491.9MM
Equity CapitalQ1 2024vs Q1 2023$42MM$38.8MM
Loan Loss AllowanceQ1 2024vs Q1 2023$5.4MM$5.4MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$310K$966K
Real Estate OwnedQ1 2024vs Q1 2023$0$0
Rates
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Range Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.00%$1k-5 Month CD Special
4.75%$1k-11 Month CD Special
2.50%$1k-12 Month CD
2.35%$1k-18 Month CD
2.25%$1k-24 Month CD
2.15%$1k-36 Month CD
2.00%$1k-48 Month CD
2.00%$1k-60 Month CD
Locations


Range Bank Locations
Lake Linden Office100 Calumet StreetLake Linden, MI 49945
Marquette City Office250 North Mcclellan AvenueMarquette, MI 49855
Kingsford Office345 South CarpenterKingsford, MI 49802
Range Bank, National Association100 N Front StMarquette, MI 49855
Houghton Office19320 Jacker AveHoughton, MI 49931
Calumet Avenue Office56730 Calumet AvenueCalumet, MI 49913
Pellow Branch601 US 41 EastNegaunee, MI 49866
Harvey Branch216 W. TerraceMarquette, MI 49855
Oneida Street Branch2403 S. Oneida StreetAshwaubenon, WI 54304

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