Bank · FDIC insured
West Shore Bank
A $833.6M bank headquartered in Ludington, MI, with 9 branches in Michigan. Best rates: CDs 3.00% APY.
Rates
No Carrot Score yet: it needs scores for at least two of CDs, savings, auto loans and credit cards. Savings: published rates need another account or activity, so they are not scored. Auto loans: no rates found on its website. Credit cards: only rates Carrot doesn’t compare are published (introductory, refinance or business rates, or none at all).
- CDs673.00%3.90% with extra requirementsCD rates →
- Savings—3.00%Needs another account or monthly activitySavings rates →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About West Shore Bank
West Shore Bank serves communities throughout Mason, Oceana, Manistee, Benzie, Muskegon, and Grand Traverse counties in Michigan.
The bank provided its first mortgage in 1900.
- Headquarters
- 201 W Loomis St, Ludington, MI 49431
- FDIC certificate
- 14929 ↗
Branches
9 branches in Michigan
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Michigan
9 branches
Ludington area · 3
- West Shore BankMain office201 W Loomis St, Ludington, MI 49431Directions
- Ludington Branch5725 West U.S. 10, Pere Marquette Township, MI 49431Directions
- Scottville Branch107 W State St, Scottville, MI 49454Directions
Traverse City area · 2
- Frankfort Branch501 Main St, Frankfort, MI 49635Directions
- Traverse City Branch400 E Eighth St, Traverse City, MI 49686Directions
Manistee area · 2
- Cypress Street Branch306 Cypress St, Manistee, MI 49660Directions
- Manistee Branch415 Parkdale, Manistee, MI 49660Directions
Hart area · 1
- Hart Branch4070 W Polk Rd, Hart, MI 49420Directions
Onekama area · 1
- Onekama Branch4945 Main St, Onekama, MI 49675Directions
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 | 9.85% | 10.98% | 13.00% or more |
| Troubled loansNoncurrent | 1.24% | 0.42% | 0.09% or less |
| ProfitabilityReturn on assets | 0.83% | 1.24% | 1.68% or more |
| LendingLoans per $100 deposited | $92 | $81 | — |
- CapitalLeverage ratio9.85%Peers’ middle 10.98% · Top 25% 13.00%+
- Troubled loansNoncurrent1.24%Peers’ middle 0.42% · Top 25% ≤0.09%
- ProfitabilityReturn on assets0.83%Peers’ middle 1.24% · Top 25% 1.68%+
- LendingLoans per $100 deposited$92Peers’ 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 West Shore Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.