| # | Institution | Type | Branches | Deposits | Share |
|---|---|---|---|---|---|
| 1 | Mercantile Bank | Bank | 3 | $220.3M | 37.32% |
| 2 | Northland Area Federal Credit Union | Credit union | 3 | $114.5M* | 19.40% |
| 3 | PNC Bank, National Association | Bank | 1 | $79.2M | 13.42% |
| 4 | The Huntington National Bank | Bank | 1 | $70.9M | 12.01% |
| 5 | Frankenmuth Credit Union | Credit union | 1 | $42.8M* | 7.26% |
| 6 | Huron Community Bank | Bank | 2 | $31.4M | 5.31% |
| 7 | Wolverine State Credit Union | Credit union | 1 | $31.1M* | 5.27% |
* Credit-union deposits are estimated (June total shares spread evenly across branches).
| Year | Deposits | Institutions | Branches | Leader | Top share | HHI |
|---|---|---|---|---|---|---|
| 2026 | $590.3M | 7 | 12 | Mercantile Bank | 37.3% | 2,202 |
| 2025 | $575.7M | 7 | 12 | Mercantile Bank | 38.1% | 2,235 |
| 2024 | $489.7M | 5 | 10 | Mercantile Bank | 44.3% | 2,874 |
| 2023 | $501.7M | 6 | 10 | Mercantile Bank | 35.3% | 2,329 |
| 2022 | $521.3M | 6 | 11 | Mercantile Bank | 35.1% | 2,438 |
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.