Banking Rates & News

Grand Rapids Area

Including Ada, Ada Township, Albion, Allegan, Allendale, Bangor, Battle Creek, Belding, Belmont, Berlin Township, and 114 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

American 1 Drops CD Rates
American 1 CU open to all, dropped their rates today, like other places I guess they didn't wait until the end of the month. They had 12 and 18 mo
Great CD And IRA Rates....But
IRA and CD rates are real good but the CD disclosures state; "Compounding Frequency: Dividends will not be compounded. Crediting Frequency: Dividends will be credited to your account at maturity.
Flagstar Savings Plus Drops To Same As MBD Hi-Yield Savings - 5 Month Guarantee Falls To 5.35%.
Was 5.55% previously. $25k minimum as before to earn 5.35. https://www.flagstar.com/personal/bank/savings/flagstar-savings-plus.html
Flagstar Savings At 5.55% APY With $25,000+ Balance, 5 Month Guarantee
$15 monthly service charge, waived with $10,000 average daily balance OR with a Flagstar personal checking account. And after five months the current tiered interest rate maxes out at 2%
PFCU (MI) Adds 18-Month CD Special Available Statewide
Deal Summary: 18-month CD Special, 5.55% APY, $500 minimum deposit. Availability: Michigan. PFCU is currently offering an 18-month CD Special earning 5.55% APY. This limited-time offer can be opened with
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