INDEPENDENT BANK CORP /MI/

# Independent Bank Corp /MI/

Independent Bank Corporation operates as a bank holding company providing retail and commercial banking services through its subsidiary, Independent Bank, primarily across Michigan. The company offers a range of deposit products including demand deposits, interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit. On the lending side, Independent Bank originates consumer loans with a focus on real estate financing, including residential mortgages and home equity products secured by one-to-four family properties, alongside other consumer loan categories.

Beyond traditional banking, the company provides cash management services, investment management, and trust services. Its wealth management offerings include estate settlement, financial planning, and tax services. Independent Bank also distributes mutual funds, unit investment trusts, third-party model portfolios, general securities, fixed and variable annuities, and life insurance products. The company maintains standard banking infrastructure including debit and credit card services, safe deposit boxes, automated teller machines, and digital banking channels through internet and mobile platforms.

Founded in 1864 and headquartered in Grand Rapids, Michigan, Independent Bank Corporation operates as a regional institution with approximately $5.8 billion in total assets as of recent reporting periods. The company maintains a branch network concentrated in Michigan, serving both retail and commercial customers in its primary geographic market.