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BankSonar

Charlevoix State Bank

Charlevoix, MI · State, non-member commercial bank

67

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
$245.3M
Total deposits
$218.4M
Branches
7
Return on assets
2.08%
Return on equity
21.00%
Charter type
State, non-member commercial bank
Established
1994
FDIC cert #
33926

How the 67 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%

Community-scale institution.

Read the full Sonar Score methodology →

Your deposits at Charlevoix State Bank

Charlevoix State Bank is an FDIC-insured institution (Cert #33926). 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 →

7 branch locations

38230 Michigan Ave

Beaver Island, MI 49782

100 Main St

East Jordan, MI 49727

102 M 66 N

Charlevoix, MI 49720

9136 Main St

Ellsworth, MI 49729

102 M 66 N

Charlevoix, MI 49720

111 State St

Charlevoix, MI 49720

102 S Lake St

Boyne City, MI 49712

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