Banking Rates & News

Grand Rapids Area

Including Grand Rapids, Kalamazoo, Holland, Muskegon, Battle Creek, Portage, Wyoming, Grand Haven, Coldwater, Grandville, and 120 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

PNC Offers High Yield Savings Account, 2.20% APY
Deal Summary: PNC High Yield Savings, 2.20% APY on balances of $1 and above. Availability: Areas of U.S. outside of PNC’s branch footprint (based on zip code) PNC, the sixth
PNC Bank 2.20% High Yield Account
2.20% high yield savings, $2000 in credit card funding allowed. Or, if you have a PNC Virtual Wallet Growth account you get 2.25% if you qualify for the relationship tier,
Chemical Bank (MI/OH/IN) Adds 17-Month CD Special, 2.75% APY
Deal Summary: 17-month CD Special, 2.75% APY, $100 minimum deposit, $1.5 million maximum deposit per household, new money. Availability: Market area includes Michigan’s Lower Peninsula, northeast and central Ohio, and
2.75% 17 Month CD Special In Parts Of Michigan, Ohio And Indiana
Chemical Bank has another Fall CD special 2.75% APY 17 Month Minimum Deposit: $100.00 Maximum Deposit per household: $1,500,000.00 No online or US Mail accounts accepted https://www.chemicalbank.com/CD-Special
Arbor Financial Credit Union Adds 18-Month No Penalty CD
Deal Summary: 18-month No Penalty Certificate Special, 2.25% APY ($125k min), 2.02% APY ($70k min), 1.51% APY ($30k min), and 1.26% APY ($500 min). Availability: Residents of 21 southwest Michigan
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