Banking Rates & News

Grand Rapids Area

Including Ada, Ada Township, Albion, Allegan, Allendale, Bangor, Battle Creek, Belding, Belmont, Berlin Township, and 113 other towns.

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Banking in the Grand Rapids Area

Grand Rapids, Michigan, is the second-largest city and metropolitan area in Michigan behind Detroit. Located in western Michigan, Grand Rapids only has about 190,000 people in the city, but its metropolitan area is much larger, with over 1 million people. Other notable cities in the region include Kalamazoo, Holland, Battle Creek, Muskegon, Portage, Wyoming, Grand Haven, Grandville, and Rockford.

Thanks to its size and position as the largest city in western Michigan, Grand Rapids has a healthy banking industry. There are 24 banks and 63 credit unions with their headquarters in the Grand Rapids region. Notable institutions that are based in the area are Founders Bank & Trust, Lake Michigan Credit Union, Mercantile Bank of Michigan, Independent Bank, and Macatawa Bank. The oldest institution that still has headquarters in the area is First State Bank of Decatur, which was established in 1870. Altogether, there are more than 55 banks and 85 credit unions operating in the region, with a combined total of approximately 870 branches.

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Local Deals & News

First United Credit Union 18-month CD Special Earns Up To 2.60% APY
Deal Summary: 18-month CD Special, 2.50% base APY, additional 10 bps for checking relationship, possible 2.60% APY. Availability: All Michigan residents. For a limited time, First United Credit Union (First
Kellogg Community Credit Union (MI) Adds 14-Month CD, 2.30% APY
Deal Summary: 14-month CD Special, 2.30% APY, $500 minimum deposit. Availability: Residents of 15 west Michigan counties. In celebration of the grand opening of its newest branch in the Metro
American 1 Credit Union Offers Competitive 2-Year and 3-Year CDs
Deal Summary: 2-year CD (2.50% APY), 3-year CD (2.75% APY), $500 minimum deposit. 5-year IRA Certificate (3.03% APY), $50 minimum deposit. Availability: Easy membership requirement. Two of the CDs offered
Wells Fargo Drops Rates Again
The slide continues. Will it stop anytime soon
Marshall Community Credit Union 15-Month CD Earns Up To 3.00% APY
Deal Summary: 15-month CD Special, up to 3.00% APY, four deposit tiers. Availability: Residents of eight SW Michigan counties. Marshall Community Credit Union (MCCU) is currently offering a 15-month CD
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