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Independent Bank Headquarters Information

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Independent Bank is a financial institution that’s based in the city of Grand Rapids in Michigan. The bank mainly serves customers living in suburban and rural parts of Michigan.

The bank is approximately 154 years old (as of 2018) and has over 60 branches in the communities that it serves. The bank assets are currently worth approximately $2.5 billion.

The holding company associated with this bank is known as Independent Bank Corporation and the company trades in the NASDAQ stock market. It uses the ticker symbol IBCP.

Apart from the bank, the holding company has one other subsidiary, Independent Titles Services.

History of Independent Bank Corporation

In 1864, the First National Bank of Ionia was established. This bank would mark the launch of the long history of Independent Bank. Key moments in the bank’s history included:

  • 1896 – The bank dropped the national charter for a state charter. It underwent reorganization and became State Savings Bank of Ionia.
  • 1924 – Two of the bank’s offices in Ionia were merged and they became the Ionia main office.
  • 1952 – The bank changed its name and became First Security Bank
  • 1973 – The year marked the formation of Independent Bank Corporation. However, the corporation remained dormant until its acquisition of First Security Bank on 1st of June the following year.
  • 1985 – The bank was listed on the NASDAQ stock exchange
  • 1993 – The bank added offices in Unionville and Caro, marking its entry into the Thumb region
  • 1996 – The bank expanded further into Northern Michigan, opening offices in Hillman, Alpena, Rogers City and Hale
  • 1998 – The bank’s assets attained a value of $1 billion
  • 2002 – The bank’s assets attained a value of $2 billion
  • 2006 – American Bankers Association “Banking Journal” ranks the bank no. 18 of the top 25 banks in the U.S.
  • 2012 – 21 of Independent Bank’s offices were sold to Chemical Bank

Independent Bank was one of the financial institutions to benefit from the Troubled Asset Relief Program during the financial crisis in 2008. The bank received $72 million from the US Treasury in Dec, 2008 and paid back the money in 2013.

Independent Bank Headquarters

Independent bank’s headquarters are currently located at 4200 East Beltline in Grand Rapids, Michigan. The bank moved to the location back in 2015.

Before moving to the present location, the bank’s main office was located at 230 West Main Street Ionia, Mi. The location currently serves as the Ionia main office.

Services Offered

Independent Bank offers a wide range of financial products and services to individual customers and businesses. Under its personal banking section, the bank provides:

  • Savings and Checking accounts
  • Wealth management and investment services
  • Insurance services
  • Credit and debit cards
  • Mortgages
  • Personal loans etc.

Customers can access many of these services through the banks online and mobile banking platforms.

The bank’s business level products and services include:

  • Savings accounts
  • Wealth management and investment services
  • Credit and debit cards
  • Commercial lending services
  • Treasury management etc.

The bank engages in a number of efforts to improve local communities including fund raisers and providing financial literacy programs.

Independent Bank Headquarters Address

4200 E Beltline Ave NE, Grand Rapids, MI 49525, USA

Independent Bank headquarters address

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