Mercantile Bank

Mercantile Bank

Mercantile Bank of Michigan was founded in 1997 by Directors and Bankers who firmly believe that customers, employees, and the communities they live in, are best served by financial institutions with local roots. At Mercantile Bank, we use our local Directors, our commitment to the community, and our knowledge of Michigan to enable us to deliver our services in a way that truly sets us apart from our competitors. We feel our focus on the Michigan business community is the best way to help build the economy, and ultimately the community.
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Info

Year founded
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URL
www.mercbank.com
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Corporate Address
310 Leonard St Nw
Grand Rapids
49504
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Michigan
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Operating Status
Active
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Number of employees
501-1,000
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Bank type
State
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Charter
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Financials

Total assets
5313149000
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Assets concentration
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Net income
92456000
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Net income - quarterly
22412000
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Return on assets (ROA)
1.8205893978983825
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Asset Concentration Hierarchy
4
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Fintech program & Technology

Sponsor model
Both
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CRM Software
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Core Provider
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Side-Core Provider
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Loan origination software
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Bin sponsor
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Card Networks
Visa
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Network Processor
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Preferred account structure
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Services
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Checking
Debit Card
Savings
Credit Card
Existing fintech program partners
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Other Infrastructure Partners
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Association memberships
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Regulatory & Other

Regulated by
FDIC
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Contacts

Contacts
Nichole Kladder
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Testimonials

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