| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Independent Bank | Bank | 5 | $301.7M | 26.47% |
| 2 | Mercantile Bank | Bank | 3 | $244.6M | 21.46% |
| 3 | Pfcu Credit Union | Credit union | 3 | $177.8M* | 15.60% |
| 4 | Union Bank | Bank | 1 | $116.0M | 10.18% |
| 5 | Michigan One Community Credit Union | Credit union | 2 | $84.6M* | 7.42% |
| 6 | The Huntington National Bank | Bank | 1 | $73.0M | 6.41% |
| 7 | Adventure Credit Union | Credit union | 1 | $56.4M* | 4.95% |
| 8 | Preferred Credit Union | Credit union | 1 | $45.1M* | 3.96% |
| 9 | United Bank of Michigan | Bank | 1 | $40.4M | 3.55% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $1.14B | 9 | 18 | Independent Bank | 26.5% | 1,657 |
| 2025 | $1.10B | 9 | 18 | Independent Bank | 27.4% | 1,682 |
| 2024 | $1.08B | 9 | 19 | Independent Bank | 29.0% | 1,742 |
| 2023 | $1.06B | 9 | 20 | Independent Bank | 32.5% | 1,907 |
| 2022 | $1.03B | 9 | 20 | Independent Bank | 30.7% | 1,856 |
Every institution above links to its profile — ratios, peer medians and this quarter’s change signals. Pro adds the full table, share movement and CSV export.