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

Level One Bank (MI) Flash Savings (3.10% APY) Ends Soon
Deal Summary: Flash Savings Account, 3.10% APY, $50k minimum opening deposit, new money, 6 month rate guarantee, offer expires 12/15/2018. Availability: Market area includes greater metropolitan Detroit and Grand Rapids
60+ Months Special For CD And IRA - 3.6% APY
Minimum $1k to open https://www.northpointe.com/banking/rates/
PNC Ups Relationship Account Rate
PNC has raised rates on $100K+ Premiere Money Market Account with relationship checking to 1.90%!
United Federal Credit Union Offers 46-Month CD Special
Deal Summary: Certificate Specials – 46-month (3.40% APY), 36-month (3.20% APY), 16-month (3.00% APY), $500 minimum deposit, Ultra Checking required. Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan,
PNC Hikes Rate On High Yield Savings Account
Deal Summary: PNC High Yield Savings, 2.35% APY on balances of $1 and above. Availability: Areas of U.S. outside of PNC’s branch footprint (based on zip code) Last month when
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