Bank · FDIC insured
First National Bank of Michigan
A $988.9M bank headquartered in Kalamazoo, MI, with 6 branches in Michigan. Best rates: CDs 3.45% and savings 0.25% APY.
First National Bank of Michigan Carrot Score
63
Carrot Score
Higher than 10% of U.S. banks and credit unions
#18 of 20 in Kalamazoo, MI metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About First National Bank of Michigan
First National Bank of Michigan is a locally owned bank privately held by area investors.
The bank maintains locations in Kalamazoo, Portage, Kalamazoo West, Grand Rapids, Lansing, Holland, and Northern Michigan.
- Headquarters
- 348 W Michigan Ave, Kalamazoo, MI 49007
- FDIC certificate
- 58259 ↗
Branches
6 branches in Michigan
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Michigan
6 branches
Kalamazoo area · 3
- First National Bank of MichiganMain office348 W Michigan Ave, Kalamazoo, MI 49007Directions
- West Side Office5313 W Main St, Kalamazoo, MI 49009Directions
- Woodbridge Branch2700 W Centre Ave, Portage, MI 49024Directions
Grand Rapids area · 2
- Grand Rapids Banking Center141 Ionia Ave Nw, Grand Rapids, MI 49503Directions
- Holland Branch1 W 8th St, Holland, MI 49423Directions
Lansing area · 1
- Lansing Branch101 S Washington Sq, Lansing, MI 48933Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 9.54% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 0.80% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.98% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $102 | $81 | — |
- CapitalLeverage ratio9.54%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent0.80%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.98%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$102Peers’ middle $81
Compared with the 2,650 banks with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of First National Bank of Michigan are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.