Mercantile Bank of Michigan

Mercantile Bank of Michigan Overview

Mercantile Bank of Michigan, founded in December 15, 1997, is currently an inactive FDIC insured bank. The chartering agency for Mercantile Bank of Michigan is currently with the State. This FDIC insured bank is not being operated by government conservatorship. Mercantile Bank of Michigan has an FDIC insurance membership with the DIF – Deposit Insurance Fund and is regulated by the Federal Deposit Insurance Corporation (FDIC).

Mercantile Bank of Michigan is assigned uner the Chicago Federal Deposit Insurance Corporation (FDIC) supervisory office and had obtained their federal deposit insurance on December 15, 1997.

Address Location and Maps for Mercantile Bank of Michigan

Bank Name Mercantile Bank of Michigan FDIC Bank Location for Mercantile Bank of Michigan
Address 310 Leonard Street Nw
Grand Rapids, MI 49504
County: Kent
Bank’s State: Michigan
Website: http://www.mercbank.com:80/

 

Mercantile Bank of Michigan Detailed Information

FDIC Certificate ID 34598
Bank Institution Name Mercantile Bank of Michigan
Is the Bank Active? Inactive
Office of Thrift Supervision Docket ID Not an OTS Member
Total Assets $1,575,927,000
Total Deposits $1,254,641,000
Regulator Federal Deposit Insurance Corporation (FDIC)
Bank Charter Class NM – Commercial Bank. Bank is supervised by the Federal Deposit Insurance Corporation (FDIC). State charter and Fed non-member
FDIC Bank’s Chartering Agency State
Bank is FDIC Insured No, FDIC insured bank is NOT a member of the Bank Insurance Fund
Bank Insurance Fund DIF – Deposit Insurance Fund
Date of Deposit Insurance December 15, 1997
Change Code 412
Change Code Description Merge BIF and SAIF Funds into DIF
OCC Bank Charter Number No FDIC Bank Charter Number
Conservatorship FDIC insured bank is not being operated by government conservatorship.
Inactive Bank that used to be FDIC insured? No
Credit Card Institution No, bank is not a credit card institution. Credit card loans do not exceed 50% of the FDIC Bank institution’s total assets, including loans that have been securitized and sold.
Insured Commercial Banks Yes
FDIC Supervisory Region Chicago
Insured Savings Institution No, Bank is not Savings Association Insurance Fund (SAIF) insured
State Charter Yes
County Kent
Office of Thrift Supervision Region Central
Assigned Federal Reserve District Chicago
Oakar Institutions No
FDIC Field Office 0
Insured offices of foreign banks 0

Mercantile Bank of Michigan is insured by the Federal Deposit Insurance Corporation (FDIC)

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