Banking Rates & News

Grand Rapids Area

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

24-Month Summer Savings CD, 2.87% APY
Available to residents of Muskegon County, Michigan. 24-month Summer Savings CD, 2.87% APY, $10,000 minimum 60-month Certificate, 3.23% APY, $25,000 minimum
FNBA Reduces Rates
According to an email I received, FNBA reduced their CD rates as of 10am, August 7. For example the APY on the 84 month CD went from3.00% down to 2.95%
Consumers Credit Union (MI) Unveils Splish Splash Savings, 2.25% APY
Availability: Splish Splash Savings, 2.25% APY, $2.5k min/$250k max deposit, new money, one year rate guarantee, limit of one per household. Availability: Residents of Michigan’s Lower Peninsula. Consumers Credit Union
Still Has A 29 Month CD For 3.15% For Those That Qualify
Who can join? Our field of membership includes people who live, work, worship, or attend school in, and businesses or other legal entities located in any of the following Michigan
Essential Checking $500 Bonus With Balance Of $15,000 Or More For 90 Days no DP requirements
Last year I took advantage of this offer for $550.00 with both a checking ($250) and savings account ($300) from a targeted mailer invitation. I got my bonus at about
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