2026 Rankings

Best Banks in Michigan

50 banks in Michigan ranked by our TFS Financial Health Grade. Scores based on capital adequacy, asset quality, earnings, and consumer protection data.

Rank	Institution	City	Assets	Score	Grade
1	Bank Michigan	Brooklyn	$153.5M	82.8	B-
2	Central Savings Bank	Sault Sainte Marie	$487.1M	81.2	B-
3	First Bank, Upper Michigan	Gladstone	$632.9M	81.0	B-
4	First Community Bank	Harbor Springs	$403.4M	80.0	B-
5	Bank of Ann Arbor	Ann Arbor	$3.3B	80.0	C+
6	1st State Bank	Saginaw	$480.5M	79.8	C+
7	Mercantile Bank	Grand Rapids	$6.2B	79.5	C+
8	Chelsea State Bank	Chelsea	$413.9M	79.2	C+
9	Century Bank and Trust	Coldwater	$476.8M	78.3	C+
10	Lake-Osceola State Bank	Baldwin	$465.7M	78.2	C+
11	Macatawa Bank, National Association	Holland	$3.7B	78.2	C+
12	Superior National Bank	Hancock	$1.0B	78.0	C+
13	Commercial Bank	Ithaca	$553.7M	77.5	C+
14	Range Bank	Marquette	$613.7M	77.2	C+
15	Tri-County Bank	Brown City	$604.5M	77.0	C+
16	Charlevoix State Bank	Charlevoix	$239.6M	76.3	C
17	Capitol National Bank	Lansing	$212.5M	75.8	C
18	JPMorgan Chase Bank, Dearborn	Dearborn	$70.4M	75.5	C
19	Thumb Bank and Trust	Pigeon	$675.4M	74.6	C
20	Independent Bank	Grand Rapids	$5.5B	73.7	C
21	Homestead Savings Bank	Albion	$71.6M	73.4	C
22	Sidney State Bank	Sidney	$140.6M	73.3	C
23	West Shore Bank	Ludington	$820.2M	72.7	C-
24	Honor Bank	Honor	$416.8M	72.3	C-
25	Isabella Bank	Mount Pleasant	$2.2B	72.0	C-
26	Huron Valley State Bank	Milford	$270.4M	71.5	C-
27	The Shelby State Bank	Shelby	$385.8M	71.0	C-
28	Southern Michigan Bank & Trust	Coldwater	$1.7B	70.8	C-
29	Sturgis Bank & Trust Company	Sturgis	$997.9M	70.4	C-
30	Community Unity Bank	Birmingham	$95.0M	70.2	C-
31	Alden State Bank	Alden	$313.9M	70.1	C-
32	The Port Austin State Bank	Port Austin	$65.9M	70.0	C-
33	The Dart Bank	Mason	$1.4B	69.5	D+
34	First National Bank of America	East Lansing	$6.7B	69.3	D+
35	United Bank of Michigan	Grand Rapids	$1.1B	69.3	D+
36	Bay Port State Bank	Bay Port	$153.3M	68.8	D+
37	Baybank	Gladstone	$168.8M	68.8	D+
38	County National Bank	Hillsdale	$1.3B	68.3	D+
39	Upper Peninsula State Bank	Escanaba	$361.5M	68.2	D+
40	Citizens National Bank of Cheboygan	Cheboygan	$471.0M	68.0	D+
41	West Michigan Community Bank	Hudsonville	$1.2B	68.0	D+
42	First State Bank	Eastpointe	$1.3B	67.6	D+
43	Kalamazoo County State Bank	Schoolcraft	$119.9M	67.5	D+
44	G. W. Jones Exchange Bank	Marcellus	$111.7M	67.3	D+
45	Highpoint Community Bank	Hastings	$589.7M	67.1	D+
46	Union Bank	Grand Rapids	$390.6M	67.0	D
47	First Independence Bank	Detroit	$696.9M	66.5	D
48	Grand River Bank	Grandville	$516.3M	66.5	D
49	The Miners State Bank	Iron River	$141.2M	66.2	D
50	Huron State Bank	Rogers City	$94.6M	66.0	D

Rankings based on TFS Financial Health Grades, calculated from FDIC quarterly financial data. Scores reflect capital adequacy, asset quality, earnings, liquidity, growth, and consumer protection metrics.Learn about our methodology

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