Michigan Heritage Bank

Status:Inactive as of 04/24/2009
 Absorption - Assisted
Successor Bank:Level One Bank
Headquarters:Michigan Heritage Bank
28300 Orchard Lake Road
Farmington, MI 48334
Established:03/10/1997
FDIC Insurance:03/10/1997
FDIC Cert:#34369
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$167,710,000
Total Deposits:$149,065,000

History

1997-03-10Institution established: Original name:Michigan Heritage Bank
2001-10-01Moved bank headquarters from NOVI, MI to FARMINGTON HILLS, MI
2009-04-24Failed. Acquired with government financial assistance and subsequently operated as part of Level One Bank (58604)
2010-12-10Acquired Paramount Bank (34673) in FARMINGTON HILLS, MI as part of a government assisted transaction.
2015-02-28Acquired Lotus Bank (58340) in NOVI, MI
2016-03-01Acquired Bank of Michigan (57861) in FARMINGTON HILLS, MI
2020-01-02Acquired Ann Arbor State Bank (58889) in ANN ARBOR, MI
2022-04-01Merged into and subsequently operated as part of First Merchants Bank (4365)
2022-04-01Merged into and subsequently operated as part of First Merchants Bank (4365)

Financial Information (2009-03-31 and Older)