Independent Bank

Status:Inactive as of 09/14/2001
 Consolidated - Without Assistance
Successor Bank:Independent Bank
Headquarters:Independent Bank
230 West Main Street
Ionia, MI 48846
Established:01/01/1864
FDIC Insurance:01/01/1934
FDIC Cert:#8180
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$470,678,000
Total Deposits:$325,051,000

History

1864-01-01Institution established: Original name:First Security Bank
1971-10-01Acquired The State Bank of Carson City (10551) in CARSON CITY, MI
1987-03-01Changed name to Independent Bank
1996-08-12Acquired North Bank (17080) in HALE, MI
2001-09-14Merged into and subsequently operated as part of Independent Bank (27811) in BAY CITY, MI
2004-07-01Acquired First National Bank of Gaylord (22057) in GAYLORD, MI
2004-09-08Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED
2007-09-15Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2007-09-15Acquired Independent Bank - South Michigan (13930) in EAST LANSING, MI
2007-09-15Acquired Independent Bank-West Michigan (22094) in GRAND RAPIDS, MI
2007-09-15Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2007-09-15Acquired Independent Bank East Michigan (12732) in TROY, MI
2015-04-20Moved bank headquarters from IONIA, MI to GRAND RAPIDS, MI
2018-04-01Acquired Traverse City State Bank (35350) in TRAVERSE CITY, MI

Financial Information (2000-12-31 and Older)