Overview / Commentary
175 N. Leroy St.
Fenton, MI 48430

The State Bank (MI) is headquartered in Fenton and is the 15th largest bank in the state of Michigan. It is also the 911th largest bank in the nation. It was established in 1898 and as of June of 2018, it had grown to 178 employees at 16 locations. The State Bank (MI) has an A health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #11406
Year Established1898
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.26%
Return on Equity - YTD14.09%
Annual Interest Income$17.1MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$841.7MM$733.1MM
LoansQ2 2018vs Q2 2017$708.3MM$593.3MM
DepositsQ2 2018vs Q2 2017$702.0MM$615.2MM
Equity CapitalQ2 2018vs Q2 2017$73.9MM$64.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$4.0MM$3.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$981.00K$1.0MM
Real Estate OwnedQ2 2018vs Q2 2017$92.00K$150.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not The State Bank (MI); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The State Bank (MI) Savings Account Rates

0.15%*$20k*-Personal Prosperity Savings
OTHER TIERS: 0.01% Up to $20k
0.15%*$20k*-Business Prosperity Savings
OTHER TIERS: 0.01% Up to $20k
0.05%$100-Statement Savings
0.05%$100-Moola Moola Savings

The State Bank (MI) CD Rates

2.50%$500-24 Month Special CD - New Money
2.00%$500-16 Month Special CD - New Money
1.29%$500-36 Month Relationship CD
1.05%$500-24 Month Relationship CD
0.75%$500-12 Month Relationship CD
0.65%$500-60 Month CD
0.35%$500-48-59 Month CD
0.35%$500-36-47 Month CD
0.15%$500-24-35 Month CD
0.10%$500-12-23 Month CD
0.05%$500-182-364 Day CD
0.05%$2.5k-91-181 Day CD
0.05%$10k-32-90 Day CD
0.05%$20k-7-31 Day CD

The State Bank (MI) IRA Rates

2.50%$500-24 Month Special IRA - New Money
2.00%$500-16 Month Special IRA - New Money
1.29%$500-36 Month Relationship IRA
1.05%$500-24 Month Relationship IRA
0.75%$500-12 Month Relationship IRA
0.35%$500-36-47 Month IRA
0.35%$500-48-59 Month IRA
0.15%$500-24-35 Month IRA
0.10%$500-12-23 Month IRA
0.05%$500-7-31 Day IRA
0.05%$500-91-181 Day IRA
0.05%$500-32-90 Day IRA
0.05%$500-182-364 Day IRA


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.