Banking Rates & News

Grand Rapids Area

Including Ada, Ada Township, Albion, Allegan, Allendale, Bangor, Battle Creek, Belding, Belmont, Berlin Township, and 115 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

$325 Bonus Offer For Opening A Checking Account With $500 Direct Deposit
This one was even easier than Discover's offer. $500 initial direct deposit to trigger bonus. (transfer from Fidelity worked for me but have googled that transfers (pushes, not pulls) from
PNC Bank Joins The 4% Club
PNC High Yield Savings 3.93% comes to 4% APY
PNC High Yield Savings/Virtual Wallet At 4% APY
Great to see a big bank get to this level, even though it is only for people who opened their account in a state where PNC doesn't have branches. However,
5% APY 6 Month CD
Advertised on home page - Holiday Share Certificate Special 5% APY 6 month term IRA eligible Annual Percentage Yield (APY) accurate as of 11/23/2022. Available for a limited time only.
Michigan State University Fed Credit Union 1-Year CD Is A Rate Leader
Deal Summary: 1-year Add-On Certificate, 4.60% APY, $50 min deposit. 1-year Add-On Jumbo Certificate, 4.86% APY, $100k min deposit. Availability: Easy membership requirement Michigan State University Federal Credit Union (MSUFCU)
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