MBWM Profile
Mercantile Bank Corporation serves as the holding entity for Mercantile Bank of Michigan, catering primarily to small- to medium-sized enterprises (SMEs) and individual customers across the United States. The bank offers a comprehensive range of banking services, including commercial and retail banking solutions. Its deposit products encompass checking, savings, and term certificate accounts, alongside time deposits and certificates of deposit, providing customers with flexible and secure banking options.
The company's lending portfolio is diverse, featuring commercial and industrial loans, as well as various real estate loans such as vacant land, residential construction, and multi-family property loans. Mercantile Bank Corporation also supports consumer needs with offerings that include home equity lines of credit, automobile and boat loans, credit cards, and overdraft protection services. Additionally, it extends residential mortgage and installment loans, ensuring comprehensive financial support for both personal and business clients.
Beyond traditional banking services, Mercantile Bank Corporation enhances its customer value proposition through additional conveniences like courier services and secure safe deposit facilities. The company also provides a range of insurance products tailored to meet personal and business needs, covering areas such as automobile, homeowners, marine, and life insurance. These offerings underscore its commitment to delivering holistic financial solutions that address the diverse needs of its clientele.
Established in 1997 and headquartered in Grand Rapids, Michigan, Mercantile Bank Corporation leverages its regional expertise to foster community growth and economic development. With a focus on personalized service and prudent financial management, the bank continues to uphold its mission of supporting local businesses and individuals while maintaining a strong commitment to integrity and reliability in the banking sector.
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