The State Bank (MI)


Overview / Commentary
810-629-2263
175 N. Leroy St.
Fenton, MI 48430

The State Bank (MI) is headquartered in Fenton and is the 14th largest bank in the state of Michigan. It is also the 831st largest bank in the nation. It was established in 1898 and as of June of 2019, it had grown to 179 employees at 16 locations. The State Bank (MI)'s money market rates are 3X the national average, and it boasts an A+ health rating.

Related Posts

The State Bank (MI) Has Nationally Available Kasasa Cash (2.50% APY) - 12/28/2018

The State Bank (MI) has a nationally available Kasasa Cash checking account that earns 2.50% APY on qualifying balances up to $50k. Minimum $25 opening deposit.

Reviews

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



Health
A+

Health Grade Components

Overall
FDIC Certificate #11406
Year Established1898
Employees179
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.3%
Return on Equity - YTD12.52%
Annual Interest Income$21.1MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$948.8MM$841.7MM
LoansQ2 2019vs Q2 2018$815.3MM$708.3MM
DepositsQ2 2019vs Q2 2018$796.4MM$702.0MM
Equity CapitalQ2 2019vs Q2 2018$101.5MM$73.9MM
Loan Loss AllowanceQ2 2019vs Q2 2018$5.0MM$4.0MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$1.1MM$981.00K
Real Estate OwnedQ2 2019vs Q2 2018$0$92.00K
Rates
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$100kKasasa Saver
OTHER TIERS: 0.15% $100k+
0.05%$100-Moola Moola Savings
0.05%--Christmas Club Accounts
0.05%--Target Savings Account
0.05%$200-Basic Savings

The State Bank (MI) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%*$2.5m*$500kPinnacle Money Market Savings
OTHER TIERS: 0.25% Up to $250k | 0.50% $500k - $750k | 0.75% $750k - $1m | 1.00% $1m+
1.25%*$2.5m*$500kBusiness Pinnacle Money Market Savings
OTHER TIERS: 0.25% Up to $250k | 0.50% $500k - $750k | 0.75% $750k - $1m | 1.00% $1m+
0.15%*$20k*-Prosperity Money Market Account
OTHER TIERS: 0.01% Up to $5k | 0.05% $5k - $15k | 0.10% $15k - $20k

The State Bank (MI) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$50kKasasa Cash Checking
OTHER TIERS: 0.15% $50k+

The State Bank (MI) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-60 Month CD Special
2.70%$500-48 Month CD Special
2.60%$500-36 Month CD Special
2.50%$500-24 Month CD Special
2.25%$500-12 Month CD Special
0.65%$500-60 Month or More 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%$500-91-181 Day CD
0.05%$10k-32-90 Day CD
0.05%$20k-7-31 Day CD

The State Bank (MI) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-60 Month IRA Special
2.70%$500-48 Month IRA Special
2.60%$500-36 Month IRA Special
2.50%$500-24 Month IRA Special
2.25%$500-12 Month IRA Special
0.65%$500-60 Month or More 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%$20k-7-31 Day IRA
0.05%$500-91-181 Day IRA
0.05%$10k-32-90 Day IRA
0.05%$500-182-364 Day IRA
Locations

Availability



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 [email protected] 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.