
Mercantile Bank
Mercantile Bank of Michigan: Providing comprehensive banking services including loans, savings, and online banking.
- 741
- Public
Mercantile Bank of Michigan primarily operates as a commercial bank, offering a wide range of financial services including personal accounts, loans, mortgages, savings, and online banking. While the bank provides investment services, it does not specify a particular investment focus such as stages, sectors, or geographies, nor does it detail typical investment sizes or amounts.
The bank's comprehensive service offerings include unique tools like MercForce® Workforce Solutions for integrated payroll, HR, and benefits management. The bank emphasizes personalized service, allowing customers to choose dedicated bankers through their online platform. Mercantile Bank's investment philosophy is centered around providing robust financial solutions to its clients within Michigan, leveraging its extensive local expertise and customer-focused approach.
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Quick Facts
Who are Mercantile Bank's competitors?
Companies similar to Mercantile Bank include Bank of London, Bank Michigan, Farmers & Merchants Bank and Merchants Bancorp.
When was Mercantile Bank founded?
Mercantile Bank was founded in 1997.
Where is Mercantile Bank's headquarters located?
Mercantile Bank's headquarters is located in Grand Rapids, MI, US.
When was Mercantile Bank's last funding round?
Mercantile Bank's most recent funding round was for $15M (USD) in January 2022.
How much disclosed funding has Mercantile Bank raised?
As of Jan 14, 2022, Mercantile Bank has disclosed funding of $90M (USD). Undisclosed round amounts are excluded.
How many employees does Mercantile Bank have?
Mercantile Bank has 741 employees as of Jun 30, 2026.
Classification
- Industry
- LEI
- RM2F4G3WBQ8R9OKYRH19
- FDIC Certificate
- 34598
- RSSD
- 2608754
- Holding Company RSSD
- 2608763
- NAICS
- 520000Finance and Insurance
- 522000Credit Intermediation and Related Activities
- 522100Depository Credit Intermediation
- 522110Commercial Banking
- SIC
- 6022State Commercial Banks
- 6000Depository Institutions
- 6020Commercial Banks
- ISIC
- 6419Other monetary intermediation
- 6492Other credit granting
Show 5 more industry codes
- NAICS
- 522180Savings Institutions and Other Depository Credit Intermediation
- 522200Nondepository Credit Intermediation
- 522210Credit Card Issuing
- SIC
- 5000Wholesale Trade-durable Goods
- 6021National Commercial Banks