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Banks in Michigan
The 72 FDIC-insured banks headquartered in Michigan, their bank failures since 1934 and the largest credit unions. From the FDIC and the NCUA; quarter ending Jun 30, 2026.
- Banks headquartered here
- 72
- Their assets
- $72.5B
- Their deposits
- $58.0B
- Failures since 2000
- 14
- Credit unions
- 169
Every bank headquartered in Michigan
Ranked by total assets, quarter ending Jun 30, 2026. Banks based elsewhere with branches here are not included.
| # | Bank | Holding company | Assets | Deposits | Equity | Net income, year to date | ROA | ROE | CET1 ratio | Uninsured deposits | Offices |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Northpointe BankGrand Rapids, MI | NORTHPOINTE BANCSHARES INC | $7.5B | $5.3B | $708.3M | $48.2M | 1.32% | 14.05% | 11.1% | 7% | 1 |
| 2 | First National Bank of AmericaEast Lansing, MI | First National Bancshares Inc | $6.8B | $3.9B | $550.7M | $94.2M | 2.79% | 34.72% | 15.3% | 19% | 3 |
| 3 | Mercantile BankGrand Rapids, MI | MERCANTILE BANK CORP | $6.2B | $4.9B | $731.4M | $50.6M | 1.61% | 13.90% | 12.6% | 57% | 41 |
| 4 | Independent BankGrand Rapids, MI | Independent Bank Corp | $5.7B | $4.9B | $515.9M | $37.4M | 1.34% | 14.92% | 11.4% | 24% | 59 |
| 5 | ChoiceOne BankSparta, MI | CHOICEONE FINANCIAL SERVICES INC | $4.5B | $3.6B | $519.6M | $27.3M | 1.24% | 10.68% | 11.8% | 33% | 50 |
| 6 | Macatawa Bank, National AssociationHolland, MI | Wintrust Financial | $3.7B | $3.1B | $556.9M | $31.9M | 1.77% | 11.42% | 11.4% | 37% | 28 |
| 7 | Bank of Ann ArborAnn Arbor, MI | Arbor Bcorp Inc | $3.5B | $2.8B | $499.0M | $33.5M | 1.98% | 13.82% | 14.3% | 44% | 18 |
| 8 | Isabella BankMount Pleasant, MI | ISABELLA BANK CORP | $2.2B | $1.8B | $190.0M | $11.9M | 1.10% | 12.97% | 11.5% | 37% | 32 |
| 9 | Southern Michigan Bank & TrustColdwater, MI | Southern Michigan Bcorp Inc | $1.7B | $1.4B | $155.7M | $7.2M | 0.85% | 9.43% | – | 34% | 21 |
| 10 | The Dart BankMason, MI | Dart Financial Corp | $1.5B | $1.3B | $118.8M | $6.9M | 0.97% | 11.76% | 11.1% | 40% | 4 |
| 11 | County National BankHillsdale, MI | CNB Community Bcorp Inc | $1.4B | $1.1B | $125.8M | $6.7M | 1.00% | 10.83% | 11.0% | 25% | 15 |
| 12 | First State BankEastpointe, MI | First State Financial Corp | $1.3B | $1.2B | $130.8M | $8.3M | 1.24% | 12.96% | – | 37% | 11 |
| 13 | University BankAnn Arbor, MI | University Bcorp Inc | $1.2B | $1.1B | $118.9M | $6.3M | 1.08% | 11.21% | – | 70% | 2 |
| 14 | West Michigan Community BankHudsonville, MI | Northstar Financial Group Inc | $1.2B | $1.1B | $106.1M | $8.7M | 1.46% | 17.04% | – | 46% | 8 |
| 15 | Northstar BankBad Axe, MI | Northstar Financial Group Inc | $1.2B | $973.6M | $101.3M | $7.4M | 1.30% | 15.12% | – | 28% | 11 |
| 16 | United Bank of MichiganGrand Rapids, MI | United Bank Financial Corp | $1.1B | $892.7M | $110.6M | $6.9M | 1.29% | 12.78% | – | 21% | 13 |
| 17 | Superior National BankHancock, MI | Keweenaw Financial Corp | $1.0B | $881.5M | $120.4M | $6.1M | 1.17% | 10.33% | 17.3% | 26% | 10 |
| 18 | Sturgis Bank & Trust CompanySturgis, MI | STURGIS BANCORP INC | $1.0B | $893.0M | $83.8M | $5.2M | 1.03% | 12.99% | 12.1% | 35% | 17 |
| 19 | First National Bank of MichiganKalamazoo, MI | First National Bcorp Inc | $988.9M | $807.2M | $90.0M | $4.8M | 0.98% | 10.85% | 11.0% | 23% | 7 |
| 20 | Oxford BankOxford, MI | Oxford Bank Corp | $930.5M | $782.6M | $114.7M | $4.5M | 0.92% | 7.89% | 13.2% | 28% | 9 |
| 21 | First Independence BankDetroit, MI | First Independence Corp | $875.3M | $703.4M | $82.4M | $8.5M | 2.08% | 22.33% | – | 41% | 5 |
| 22 | West Shore BankLudington, MI | West Shore Bank Corp | $833.6M | $720.2M | $78.2M | $3.4M | 0.83% | 8.99% | 11.7% | 27% | 9 |
| 23 | Thumb Bank and TrustPigeon, MI | Thumb Bcorp Employee STK Ownership Plan | $673.3M | $595.8M | $64.2M | $5.6M | 1.65% | 17.36% | – | 26% | 13 |
| 24 | Tri-County BankBrown City, MI | Tri-County Bcorp Inc | $638.6M | $545.6M | $81.9M | $7.2M | 2.31% | 18.34% | – | 19% | 12 |
| 25 | First Bank, Upper MichiganGladstone, MI | First Bancshares Corp | $629.5M | $528.3M | $83.5M | $6.4M | 2.03% | 15.50% | 16.0% | 30% | 8 |
| 26 | Range BankMarquette, MI | Range Financial Corp | $604.1M | $521.5M | $65.6M | $4.5M | 1.47% | 14.09% | 15.8% | 25% | 9 |
| 27 | Highpoint Community BankHastings, MI | HCB Financial Corp | $592.4M | $540.0M | $48.9M | $2.4M | 0.80% | 9.91% | 14.7% | 36% | 7 |
| 28 | Citizens State BankRoyal Oak, MI | Citizens Bancshares Inc | $581.0M | $530.5M | $48.0M | $5.0M | 1.83% | 22.25% | – | 38% | 3 |
| 29 | Eastern Michigan BankCroswell, MI | MERCANTILE BANK CORP | $553.6M | $453.7M | $97.8M | $4.0M | 1.42% | 8.27% | 19.6% | 30% | 13 |
| 30 | Commercial BankIthaca, MI | Commercial Natl Finl Corp | $552.7M | $475.2M | $56.9M | $3.6M | 1.28% | 12.51% | 17.4% | 22% | 11 |
| 31 | Eaton Community BankCharlotte, MI | Eaton Fed Mutual Holding Co | $543.5M | $459.0M | $66.2M | $2.2M | 0.81% | 6.66% | – | 13% | 7 |
| 32 | Central Savings BankSault Sainte Marie, MI | Central Bank Corp | $516.8M | $447.4M | $45.1M | $5.1M | 2.04% | 23.61% | 14.5% | 46% | 9 |
| 33 | Grand River BankGrandville, MI | Grand River Commerce Inc | $507.3M | $446.1M | $51.0M | $1.6M | 0.62% | 6.30% | 12.9% | 29% | 2 |
| 34 | Century Bank and TrustColdwater, MI | Century Financial Corp | $494.0M | $419.0M | $68.6M | $4.5M | 1.85% | 13.44% | 22.8% | 41% | 11 |
| 35 | 1st State BankSaginaw, MI | 1st State Financial LTD | $490.1M | $428.8M | $58.7M | $3.3M | 1.35% | 11.39% | 15.0% | 43% | 5 |
| 36 | Citizens National Bank of CheboyganCheboygan, MI | CNB Corp | $471.0M | $435.8M | $21.5M | $1.7M | 0.73% | 16.39% | 14.3% | 26% | 10 |
| 37 | Lake-Osceola State BankBaldwin, MI | Lake Financial Corp | $469.4M | $403.4M | $51.5M | $3.8M | 1.60% | 15.05% | 20.1% | 25% | 13 |
| 38 | Honor BankHonor, MI | Honor Bcorp Inc | $442.7M | $384.1M | $41.5M | $2.9M | 1.34% | 13.94% | 11.3% | 18% | 9 |
| 39 | State Savings BankFrankfort, MI | Central-State Bcorp Inc | $431.2M | $391.6M | $37.0M | $738.0K | 0.35% | 3.99% | – | 25% | 9 |
| 40 | Chelsea State BankChelsea, MI | CSB Bancorp, Inc. | $416.5M | $366.0M | $48.1M | $3.3M | 1.57% | 13.88% | 19.5% | 26% | 4 |
| 41 | First Community BankHarbor Springs, MI | Harbor Springs Financial Corp | $413.6M | $358.3M | $40.3M | $3.9M | 1.91% | 19.33% | 12.0% | 28% | 10 |
| 42 | The Shelby State BankShelby, MI | Shelby Financial Corp | $397.0M | $339.5M | $32.1M | $1.8M | 0.90% | 11.05% | 13.8% | 16% | 9 |
| 43 | Union BankGrand Rapids, MI | Union Financial Corp | $396.7M | $313.5M | $33.4M | $1.5M | 0.75% | 9.03% | 9.8% | 25% | 9 |
| 44 | First National Bank & Trust Co.Iron Mountain, MI | FNB Bancshares Inc | $386.4M | $337.6M | $37.0M | $1.7M | 0.85% | 9.48% | 15.3% | 8% | 7 |
| 45 | Upper Peninsula State BankEscanaba, MI | S B E Corp | $371.7M | $303.6M | $48.9M | $2.6M | 1.41% | 10.87% | – | 29% | 5 |
| 46 | The First National Bank of St. IgnaceSt. Ignace, MI | Mackinac National Bcorp Inc | $335.8M | $316.3M | $17.6M | $1.1M | 0.63% | 11.97% | 16.2% | 30% | 7 |
| 47 | Huron Community BankEast Tawas, MI | Huron Cmty Finl Services Inc | $323.3M | $268.7M | $25.1M | $969.0K | 0.61% | 7.71% | – | 24% | 8 |
| 48 | Alden State BankAlden, MI | – | $318.4M | $276.4M | $40.1M | $2.8M | 1.77% | 14.25% | – | 25% | 4 |
| 49 | Dearborn Federal Savings BankDearborn, MI | – | $306.6M | $198.2M | $77.1M | $102.0K | 0.07% | 0.26% | – | 20% | 5 |
| 50 | Huron Valley State BankMilford, MI | Huron Valley Bcorp Inc | $291.9M | $261.4M | $28.1M | $1.3M | 0.95% | 9.82% | 10.6% | 27% | 3 |
| 51 | Charlevoix State BankCharlevoix, MI | Charlevoix First Corp | $248.3M | $221.0M | $24.1M | $2.8M | 2.31% | 23.53% | 18.4% | 17% | 7 |
| 52 | Mi BankBloomfield Township, MI | Mi Bcorp Inc | $245.5M | $220.9M | $22.8M | $1.2M | 0.92% | 10.92% | 10.1% | 39% | 1 |
| 53 | Capitol National BankLansing, MI | – | $209.3M | $162.1M | $33.4M | $1.9M | 1.79% | 11.36% | – | 33% | 2 |
| 54 | Northern Interstate Bank, N. A.Norway, MI | Northern Interstate Finl Inc | $193.5M | $170.8M | $11.3M | $851.0K | 0.88% | 15.30% | – | 25% | 5 |
| 55 | Peoples State Bank of MunisingMunising, MI | Peoples State Bcorp Inc | $190.4M | $142.0M | $22.9M | $402.0K | 0.43% | 3.56% | – | 26% | 5 |
| 56 | The State Savings Bank of ManistiqueManistique, MI | SSB Inc | $178.2M | $154.1M | $14.4M | $699.0K | 0.77% | 9.93% | – | 22% | 3 |
| 57 | Bank MichiganBrooklyn, MI | Bank Michigan Financial Corp | $176.0M | $144.9M | $19.4M | $547.0K | 0.67% | 5.73% | 12.7% | 19% | 3 |
| 58 | BaybankGladstone, MI | Baybank Corp | $173.4M | $145.8M | $17.3M | $1.1M | 1.23% | 12.41% | – | 20% | 3 |
| 59 | Bay Port State BankBay Port, MI | Bay Port Financial Corp | $153.4M | $136.1M | $16.5M | $1.0M | 1.34% | 12.63% | – | 11% | 4 |
| 60 | Sidney State BankSidney, MI | Sidney Bcorp | $138.7M | $123.1M | $13.5M | $1.4M | 1.93% | 20.41% | – | 18% | 3 |
| 61 | The Miners State BankIron River, MI | MSB Bankshares Inc | $134.8M | $117.6M | $15.5M | $728.0K | 1.05% | 9.44% | – | 13% | 6 |
| 62 | G. W. Jones Exchange BankMarcellus, MI | Jones Bcorp Inc | $122.8M | $110.9M | $10.7M | $516.0K | 0.90% | 10.11% | 42.4% | 29% | 4 |
| 63 | Kalamazoo County State BankSchoolcraft, MI | – | $118.4M | $105.3M | $12.6M | $324.0K | 0.54% | 5.21% | 20.3% | 16% | 3 |
| 64 | Blissfield State BankBlissfield, MI | Blissfield Bank Corp | $114.6M | $104.5M | $9.9M | $683.0K | 1.16% | 14.26% | – | 12% | 1 |
| 65 | Community Unity BankBirmingham, MI | – | $107.1M | $85.8M | $19.9M | −$832.0K | −1.68% | −8.17% | 23.0% | 42% | 1 |
| 66 | Huron State BankRogers City, MI | Huron National Bcorp Inc | $95.1M | $82.4M | $11.3M | $476.0K | 1.00% | 8.41% | – | 13% | 1 |
| 67 | Mayville State BankMayville, MI | Mayville Financial Corp | $94.6M | $85.0M | $9.4M | $468.0K | 0.97% | 10.08% | – | 4% | 2 |
| 68 | First State Bank of MichiganDecatur, MI | Gtsb Financial Inc | $87.8M | $71.6M | $14.9M | −$552.0K | −1.32% | −7.28% | – | 10% | 2 |
| 69 | Homestead Savings BankAlbion, MI | – | $71.6M | $64.6M | $6.6M | $270.0K | 0.75% | 8.37% | 18.2% | 12% | 3 |
| 70 | JPMorgan Chase Bank, DearbornDearborn, MI | JPMorgan Chase | $71.5M | $500.0K | $71.0M | $1.0M | 2.85% | 2.87% | 507.9% | 50% | 1 |
| 71 | The Port Austin State BankPort Austin, MI | – | $67.8M | $54.6M | $12.5M | $616.0K | 1.83% | 9.97% | – | 8% | 1 |
| 72 | The First National Bank of WakefieldWakefield, MI | Wakefield Bcorp Inc | $52.6M | $47.7M | $4.8M | $172.0K | 0.65% | 7.12% | 23.6% | 8% | 2 |
Source: FDIC BankFind Suite. Assets, deposits and equity at the end of the latest quarter; net income is year to date. ROA and ROE are annualized returns on assets and equity. CET1 is common equity tier 1 capital as a share of risk-weighted assets. CET1 is blank for banks that do not report it (many small banks use the simpler community bank leverage ratio). Uninsured deposits is the bank's own estimate of the share of deposits above the insurance limit.
Bank failures in Michigan
46 since 1934; the latest 25.
| Date | Bank | State | Assets | Deposits | Cost to the fund | Acquirer | Resolution |
|---|---|---|---|---|---|---|---|
| Mar 30, 2012 | Fidelity BankDearborn, MI | MI | $818.2M | $747.6M | $97.2M | The Huntington National Bank | Purchase and assumption |
| Apr 29, 2011 | Community Central BankMount Clemens, MI | MI | $451.7M | $371.5M | $98.6M | Talmer Bank and Trust | Purchase and assumption |
| Feb 11, 2011 | Peoples State BankHamtramck, MI | MI | $390.5M | $389.9M | $103.1M | First Michigan Bank | Purchase and assumption |
| Dec 10, 2010 | Paramount BankFarmington Hills, MI | MI | $252.7M | $213.6M | $68.6M | Level One Bank | Purchase and assumption |
| Jul 16, 2010 | Mainstreet Savings Bank, FSBHastings, MI | MI | $96.6M | $63.3M | $12.8M | Commercial Bank | Purchase and assumption |
| May 14, 2010 | New Liberty BankPlymouth, MI | MI | $111.2M | $101.9M | $23.6M | Bank of Ann Arbor | Purchase and assumption |
| Apr 30, 2010 | CF BancorpPort Huron, MI | MI | $1.6B | $1.4B | $340.6M | First Michigan Bank | Purchase and assumption |
| Apr 16, 2010 | Lakeside Community BankSterling Heights, MI | MI | $49.2M | $48.6M | $21.0M | – | Payout |
| Dec 18, 2009 | Citizens State BankNew Baltimore, MI | MI | $168.6M | $157.1M | $68.2M | – | Deposit insurance national bank |
| Nov 6, 2009 | Home Federal Savings BankDetroit, MI | MI | $13.0M | $12.7M | $8.6M | Liberty Bank and Trust Company | Purchase and assumption |
| Oct 2, 2009 | Warren BankWarren, MI | MI | $504.8M | $467.8M | $217.5M | The Huntington National Bank | Purchase and assumption |
| Apr 24, 2009 | Michigan Heritage BankFarmington Hills, MI | MI | $167.7M | $149.1M | $48.6M | Level One Bank | Purchase and assumption |
| Oct 10, 2008 | Main Street BankNorthville, MI | MI | $112.4M | $98.9M | $56.3M | Monroe Bank & Trust | Purchase and assumption |
| Mar 28, 2002 | New Century BankShelby Township, MI | MI | $21.1M | $18.9M | $4.4M | – | Payout |
| Apr 9, 1998 | OmnibankRiver Rouge, MI | MI | $42.0M | $40.5M | $2.9M | Shorebank, Detroit | Purchase and assumption |
| Oct 16, 1991 | First FS & LaPontiac, MI | MI | $917.0M | $558.6M | $34.3M | Branch Sale | Purchase and assumption |
| May 17, 1991 | Ludington FSBLudington, MI | MI | $34.2M | $33.7M | $806.6K | Northwestern Sb&t | Purchase and assumption |
| Jul 27, 1989 | New Guaranty Fed. S & L Assoc.Taylor, MI | MI | $212.5M | $192.5M | $7.9M | National Bank of Detroit | Purchase and assumption |
| Mar 9, 1989 | Peoples Savings Assoc.St. Joseph, MI | MI | $107.3M | $109.4M | $4.9K | Peoples SB | Purchase and assumption |
| Dec 16, 1988 | Bloomfield S&LABirmingham, MI | MI | $688.7M | $607.4M | $119.6M | First Nationwide Bank A FSB | Open-bank assistanceAssistance |
| Dec 16, 1988 | First DearbornDearborn, MI | MI | $167.3M | $230.5M | $78.7M | First Nationwide Bank A FSB | Open-bank assistanceAssistance |
| Jun 2, 1988 | Muskegon FS&LAMuskegon, MI | MI | $204.6M | $196.0M | $2.0M | Muskegon FS&LA | Open-bank assistanceAssistance |
| Feb 12, 1988 | The First State BankWhite Cloud, MI | MI | $36.4M | $37.4M | $10.5M | Peoples STB of ST Joseph | Purchase and assumption |
| Oct 31, 1986 | Family FS&LASaginaw, MI | MI | $338.9M | $354.9M | $17.2M | Heritage FSB | Open-bank assistanceAssistance |
| Nov 26, 1985 | Usm (u.s. Mutual) S&LAAnn Arbor, MI | MI | $306.1M | $287.0M | $31.1M | Great Lakes Bancorp | Payout |
Source: FDIC BankFind Suite. Cost to the fund is the FDIC's estimated loss to the deposit insurance fund (earlier funds for older failures). Assets and deposits as of the last report before failure. Assistance transactions kept the bank open with FDIC help.
The largest credit unions in Michigan
169 credit unions; the largest 25 by assets.
| # | Credit union | Charter | Assets | Members | Loans | Shares and deposits | Net worth ratio | Net income, year to date |
|---|---|---|---|---|---|---|---|---|
| 1 | Lake MichiganCaledonia, MI | State | $17.3B | 536,976 | $13.7B | $14.7B | 11.27% | $101.8M |
| 2 | Michigan State UniversityEast Lansing, MI | Federal | $8.9B | 405,979 | $6.9B | $7.3B | 8.96% | $13.6M |
| 3 | Dfcu FinancialDearborn, MI | State | $8.0B | 242,800 | $3.1B | $7.2B | 12.63% | $61.1M |
| 4 | GenisysAuburn Hills, MI | State | $6.6B | 296,987 | $5.4B | $5.5B | 15.47% | $55.9M |
| 5 | UnitedSaint Joseph, MI | Federal | $4.4B | 191,845 | $3.3B | $3.7B | 11.94% | $33.3M |
| 6 | Michigan Schools and GovernmentClinton Township, MI | State | $4.4B | 163,462 | $3.8B | $3.7B | 12.63% | $32.3M |
| 7 | AdviaKalamazoo, MI | State | $4.1B | 189,402 | $3.2B | $3.3B | 9.73% | $22.3M |
| 8 | ConsumersKalamazoo, MI | State | $2.9B | 155,558 | $2.5B | $2.4B | 9.36% | $17.4M |
| 9 | Lake TrustBrighton, MI | State | $2.9B | 175,187 | $2.2B | $2.5B | 10.84% | $10.0M |
| 10 | DowMidland, MI | State | $2.6B | 83,961 | $1.2B | $2.3B | 10.07% | $9.9M |
| 11 | ElgaGrand Blanc, MI | State | $2.5B | 117,308 | $1.6B | $2.0B | 17.80% | $12.3M |
| 12 | Dort FinancialGrand Blanc, MI | State | $2.4B | 123,468 | $1.9B | $2.2B | 10.41% | $6.7M |
| 13 | Community ChoiceFarmington Hills, MI | State | $2.1B | 115,511 | $1.6B | $1.8B | 9.52% | $14.3M |
| 14 | HonorBerrien Springs, MI | State | $1.9B | 105,352 | $1.4B | $1.6B | 12.16% | $8.2M |
| 15 | Credit Union OneFerndale, MI | State | $1.8B | 107,597 | $1.3B | $1.6B | 11.29% | $10.7M |
| 16 | Financial PlusFlint, MI | State | $1.7B | 81,851 | $1.2B | $1.4B | 11.71% | $7.5M |
| 17 | FrankenmuthFrankenmuth, MI | State | $1.6B | 78,652 | $1.2B | $1.4B | 10.02% | $10.7M |
| 18 | VibeNovi, MI | State | $1.6B | 74,191 | $950.5M | $1.2B | 10.46% | $4.5M |
| 19 | Michigan FirstLathrup Village, MI | State | $1.5B | 160,186 | $1.1B | $1.1B | 15.80% | $4.4M |
| 20 | OrsaPlymouth, MI | State | $1.5B | 86,714 | $1.3B | $1.3B | 9.81% | $258.4K |
| 21 | University of MichiganAnn Arbor, MI | State | $1.5B | 121,042 | $1.2B | $1.1B | 11.08% | $3.0M |
| 22 | WildfireSaginaw, MI | State | $1.2B | 50,643 | $727.3M | $1.1B | 10.95% | $3.5M |
| 23 | LafcuLansing, MI | State | $1.1B | 72,706 | $732.1M | $891.8M | 20.67% | $1.8M |
| 24 | Christian FinancialSterling Heights, MI | State | $1.1B | 61,542 | $816.7M | $984.0M | 9.93% | $3.9M |
| 25 | Michigan EducationalPlymouth, MI | State | $1.1B | 46,838 | $482.3M | $987.0M | 11.70% | $2.7M |
Source: NCUA credit union call report data, quarter ending Jun 30, 2026. Names as filed (the NCUA abbreviates them, usually without "Federal Credit Union"). Net income is year to date. The net worth ratio is net worth as a share of assets; 7% or more is "well capitalized".