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BankSonar

Independent Bank

Grand Rapids, MI · State member commercial bank

70

Sonar Score

Stable

out of 100 · from public FDIC data

Reported March 31, 2026. The Sonar Score is an informational signal from public FDIC data — not a rating or financial advice.

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Key figures

Total assets
$5.6B
Total deposits
$4.9B
Branches
59
Return on assets
1.27%
Return on equity
14.21%
Charter type
State member commercial bank
Established
1890
FDIC cert #
27811

How the 70 breaks down

Capital adequacyweight 40%

Capital ratio not reported.

Profitability (ROA)weight 30%

Strong returns on its asset base.

Return on equityweight 15%

Efficient use of shareholder capital.

Scale & stabilityweight 15%

Mid-size institution.

Read the full Sonar Score methodology →

Your deposits at Independent Bank

Independent Bank is an FDIC-insured institution (Cert #27811). Deposits are insured up to $250,000 per depositor, per ownership category, by the full faith and credit of the US government. Learn how to maximize your coverage →

50 branch locations

655 N Port Crescent St

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6727 Main St

Caseville, MI 48725

5 S 3rd St

Sand Lake, MI 49343

4115 17 Mile Rd Ne

Cedar Springs, MI 49319

4046 Huron St

North Branch, MI 48461

3765 Huron St

North Branch, MI 48461

11628 Bunkerhill Rd

Pleasant Lake, MI 49272

129 Lansing St

Charlotte, MI 48813

2119 Hamilton Rd

Okemos, MI 48864

190 W Kipp Rd

Mason, MI 48854

1245 E Grand River Rd

Williamston, MI 48895

2461 S Michigan Rd

Eaton Rapids, MI 48827

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