West Shore Bank

Overview / Commentary
201 West Loomis Street
Ludington, MI 49431-0627

West Shore Bank is headquartered in Ludington and is the 26th largest bank in the state of Michigan. It is also the 1,495th largest bank in the nation. It was established in 1898 and as of December of 2020, it had grown to 127 employees at 9 locations. West Shore Bank has an A health rating.


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


Health Grade Components

FDIC Certificate #14929
Year Established1898
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.74%
Return on Equity - YTD8.4%
Annual Interest Income$19.2MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$557.7MM$462.4MM
LoansQ4 2020vs Q4 2019$366.0MM$345.0MM
DepositsQ4 2020vs Q4 2019$479.9MM$374.1MM
Equity CapitalQ4 2020vs Q4 2019$46.9MM$43.9MM
Loan Loss AllowanceQ4 2020vs Q4 2019$4.6MM$2.9MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$2.9MM$2.9MM
Real Estate OwnedQ4 2020vs Q4 2019$260.00K$360.00K
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not West Shore Bank; we are a rate comparison website and cannot provide official rates or promotions.

West Shore Bank CD Rates

1.10%$500-60 Month CD
1.10%$500-60 Month Relationship CD
0.90%$500-48 Month CD
0.90%$500-48 Month Relationship CD
0.70%$500-36 Month CD
0.70%$500-36 Month Relationship CD
0.50%$500-24 Month CD
0.40%$500-18 Month CD
0.30%$500-12 Month CD
0.20%$500-6 Month CD
0.10%$500-3 Month CD

West Shore Bank IRA Rates

0.90%$500-48 Month Fixed Rate IRA
0.70%$500-36 Month Fixed Rate IRA
0.50%$500-24 Month Fixed Rate IRA
0.30%$500-12 Month Fixed Rate IRA

West Shore Bank Locations
Scottville Branch107-109 West State StreetScottville, MI 49454
West Shore Bank201 West Loomis StreetLudington, MI 49431
Cypress Street Branch306 Cypress StreetManistee, MI 49660
Hart Branch4070 West Polk RoadHart, MI 49420
Manistee Branch415 ParkdaleManistee, MI 49660
Ludington Branch5725 West U.S. 10Pere Marquette Township, MI 49431
Frankfort Branch501 Main StreetFrankfort, MI 49635
Onekama Branch4945 Main StreetOnekama, MI 49675
Traverse City Branch627 W. Front StreetTraverse City, MI 49684

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.