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

KALSEE CU (MI) Adds Kasasa Cash And Kasasa Saver
Deal Summary: Kasasa Cash, 3.00% APY up to $25k Availability: Eight southwest Michigan counties In mid-January, KALSEE Credit Union began promoting its new Kasasa Cash checking account that earns 3.00%
Arbor Financial CU (MI) Adds 62-Month CD Special, 2.75% APY
Deal Summary: 62-month CD/IRA Special, 2.75% APY ($25k min), 2.50% APY ($500 min) Availability: Residents of 21 southwest Michigan counties. February can be a dreary month in Michigan, but Arbor
$100 Bonus For Free Checking Account At FGCU In Michigan
First General Credit Union’s requirements for the $100 bonus: Have a monthly direct deposit of at least $500 Remain open and in good standing for 6 months Receive E-Statements
United FCU Has New Certificate Specials For The New Year
Availability: Easy membership requirement for residents of Arkansas, Indiana, Michigan, Nevada, North Carolina, Ohio, and Oklahoma; employees of 900+ SEGs. In December, United Federal Credit Union (UFCU) had three limited-time
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
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