Macatawa Bank Company Description
Macatawa Bank Corporation is the holding company for Macatawa Bank. Since its 1997 founding, the company has grown into a network of about 25 branches serving western Michigan's Allegan, Kent, and Ottawa counties. The bank provides standard services, including checking and savings accounts, CDs, safe deposit boxes, and ATM cards. It also offers investment services and products through an agreement with a third-party provider. With deposit funds, the bank primarily originates commercial mortgages and business loans, which account for approximately 50% and 25% of its loan book, respectively. Macatawa Bank also originates residential mortgages and consumer loans.
View the Comprehensive Company Description for Macatawa Bank
The Company Description provides a historical perspective of Macatawa Bank's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Macatawa Bank's evolution in the marketplace.
