Banking Rates & News

Grand Rapids Area

Including Grand Rapids, Kalamazoo, Holland, Muskegon, Battle Creek, Portage, Wyoming, Grand Haven, Three Rivers, Rockford, and 121 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

Benefits Checking Account Rate Reduced From 5% To 2.5%
Per their e-mail:  "Beginning on January 1st, 2017 you will earn 2.5% APY* on balances up to $10,000.  This means an awesome above market rate on more of your balance.  You'll
Advia Credit Union (MI/WI/IL) Adds Trio Of Promo Rate CDs
Availability: Residents of Michigan's Lower Peninsula; the Illinois county of Winnebago; and the Wisconsin counties of Dane, Green, Jefferson, Milwaukee, Rock, Walworth, and Waukesha. Advia Credit Union (Advia CU) is
United FCU Adds Three Limited-Time Certificate Specials
Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, and Oklahoma; employees of 900+ SEGs. United Federal Credit Union (UFCU) is offering three limited-time Share
New Momentum Checking At Arbor Financial CU (MI)
Availability: Residents of 21 southwest Michigan counties. Earlier this week, I wrote about Arbor Financial Credit Union’s (Arbor Financial) 13-month CD Special (1.26% APY, $25k+; 1.00% APY, Qualifications Monthly Direct
Arbor Financial CU Has No Penalty 13-Month CD Special
Availability: Residents of 21 southwest Michigan counties. Arbor Financial Credit Union (Arbor Financial) is offering a 13-month CD Special with tiered APYs: 1.26% for deposits of $25k+ and 1.00% for
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