---
title: Lenders in Michigan: 292 Banks, Credit Unions and Others
url: https://lender.report/lenders-in/michigan/
license: https://lender.report/license/
---

State

# Lenders in Michigan

292 lenders are based in Michigan, holding $41.8B of commercial loans at June 30, 2026. Mercantile Bank holds the largest commercial book here. Pick a kind of lending below to see who does it in Michigan.

**Data as of**
June 30, 2026

**Page last changed**
November 11, 2026

**Lenders based here**
292

FDIC institution record, Jun 30, 2026

**Commercial book held**
$41.8B

FDIC call report, Jun 30, 2026

+10.8% from a year earlier, 241 of 292 lenders

**Multifamily loans, 2025**
744

HMDA, 2025

+38.0% from 2024

**SBA 7(a) loans, 36 months**
5,914

SBA FOIA, Sep 30, 2026

Cite this

Source: The Lender Report, Lenders in Michigan, https://lender.report/lenders-in/michigan/, data as of June 30, 2026.

## Describe a deal in Michigan

This page lists who is based here. Loan Comps shows who has made a loan like yours, with the loans to prove it.

[Start with a deal in Michigan](https://lender.report/comps/?state=MI)[A lender in Michigan? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Commercial book | Total assets |
| --- | --- | --- | --- |
| [Mercantile Bank](https://lender.report/lender/mercantile-bank-mi/) | Bank | $3.61B | $6.24B |
| [Independent Bank](https://lender.report/lender/independent-bank-mi/) | Bank | $2.36B | $5.66B |
| [Lake Michigan Credit Union](https://lender.report/lender/lake-michigan-credit-union-mi/) | Credit union | $2.19B | $17.3B |
| [ChoiceOne Bank](https://lender.report/lender/choiceone-bank-mi/) | Bank | $2.12B | $4.45B |
| [Macatawa Bank, National Association](https://lender.report/lender/macatawa-bank-mi/) | Bank | $2.07B | $3.69B |
| [Bank of Ann Arbor](https://lender.report/lender/bank-of-ann-arbor-mi/) | Bank | $2.04B | $3.50B |
| [Dfcu Financial Credit Union](https://lender.report/lender/dfcu-financial-credit-union-mi/) | Credit union | $1.14B | $8.04B |
| [Michigan State University Credit Union](https://lender.report/lender/michigan-state-university-credit-union-mi/) | Credit union | $1.02B | $8.87B |
| [Southern Michigan Bank & Trust](https://lender.report/lender/southern-michigan-bank-and-trust-mi/) | Bank | $1.02B | $1.68B |
| [Isabella Bank](https://lender.report/lender/isabella-bank-mi/) | Bank | $852M | $2.17B |
| [West Michigan Community Bank](https://lender.report/lender/west-michigan-community-bank-mi/) | Bank | $852M | $1.21B |
| [Northstar Bank](https://lender.report/lender/northstar-bank-mi/) | Bank | $774M | $1.16B |
| [First National Bank of Michigan](https://lender.report/lender/first-national-bank-of-michigan-mi/) | Bank | $763M | $989M |
| [County National Bank](https://lender.report/lender/county-national-bank-mi/) | Bank | $742M | $1.36B |
| [Genisys Credit Union](https://lender.report/lender/genisys-credit-union-mi/) | Credit union | $721M | $6.56B |

FDIC call report, Jun 30, 2026

| Lender | Based in | 2025 loans | 2025 dollars |
| --- | --- | --- | --- |
| [Old National Bank](https://lender.report/lender/old-national-bank-in/) | Evansville, IN | 55 | $71.5M |
| [RF Renovo Management Company, LLC](https://lender.report/lender/rf-renovo-management-il/) | Chicago, IL | 46 | $37.4M |
| [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) | Ambler, PA | 45 | $378M |
| [First Merchants Bank](https://lender.report/lender/first-merchants-bank-in/) | Muncie, IN | 31 | $57.1M |
| [Genisys Credit Union](https://lender.report/lender/genisys-credit-union-mi/) | Auburn Hills, MI | 28 | $96.2M |
| [Isabella Bank](https://lender.report/lender/isabella-bank-mi/) | Mount Pleasant, MI | 27 | $22.9M |
| [Horizon Bank](https://lender.report/lender/horizon-bank-in/) | Michigan City, IN | 26 | $57.7M |
| [Walker & Dunlop, LLC](https://lender.report/lender/walker-and-dunlop-md/) | Bethesda, MD | 19 | $350M |
| [Lake Michigan Credit Union](https://lender.report/lender/lake-michigan-credit-union-mi/) | Grand Rapids, MI | 18 | $108M |
| [Michigan Schools and Government Credit Union](https://lender.report/lender/michigan-schools-and-government-credit-union-mi/) | Clinton Township, MI | 15 | $37.0M |

HMDA, 2025

| Lender | Based in | Loans | Dollars |
| --- | --- | --- | --- |
| [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) | Columbus, OH | 2,678 | $460M |
| [Fifth Third Bank, National Association](https://lender.report/lender/fifth-third-bank-oh/) | Cincinnati, OH | 249 | $164M |
| [Newtek Bank, National Association](https://lender.report/lender/newtek-bank-fl/) | Miami, FL | 188 | $81.8M |
| [Live Oak Banking Company](https://lender.report/lender/live-oak-banking-nc/) | Wilmington, NC | 148 | $182M |
| [Readycap Lending, LLC](https://lender.report/lender/readycap-lending-nj/) | Berkeley Heights, NJ | 139 | $35.7M |
| [ChoiceOne Bank](https://lender.report/lender/choiceone-bank-mi/) | Sparta, MI | 135 | $85.6M |
| [Northeast Bank](https://lender.report/lender/northeast-bank-me/) | Portland, ME | 132 | $19.2M |
| [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) | Columbus, OH | 125 | $40.7M |
| [Horizon Bank](https://lender.report/lender/horizon-bank-in/) | Michigan City, IN | 123 | $56.7M |
| [Independent Bank](https://lender.report/lender/independent-bank-mi/) | Grand Rapids, MI | 97 | $82.8M |

SBA FOIA, Sep 30, 2026

- 292 lenders are based in Michigan: 69 banks, 3 savings institutions, 169 credit unions and 51 non-bank lenders. FDIC institution record, Jun 30, 2026
- Banks, savings institutions and credit unions based in Michigan report $209.1B in total assets. FDIC call report, Jun 30, 2026
- They hold $41.8B of commercial and commercial real estate loans, up 10.8% from a year earlier among the 241 of 292 with a comparable earlier filing. FDIC call report, Jun 30, 2026
- Lenders made 744 multifamily loans in Michigan in 2025 for $5.2B, versus 539 in 2024 (HMDA, manufactured-home parks excluded). HMDA, 2025
- Lenders recorded 5,914 SBA 7(a) loans for $2.5B in Michigan in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026
- Lenders made 13,109 1-4 unit investor or business-purpose loans in Michigan in 2025. HMDA, 2025
- Mercantile Bank holds the largest commercial book of any lender based in Michigan, at $3.6B. FDIC call report, Jun 30, 2026
- Old National Bank made the most multifamily loans in Michigan in 2025, at 55. HMDA, 2025
- The Huntington National Bank recorded the most SBA 7(a) loans in Michigan, at 2,678. SBA FOIA, Sep 30, 2026
- 11 kinds of lending have a page for Michigan, each with at least 10 lenders with in-state evidence. FDIC institution record, Jun 30, 2026

Lenders based here are those whose main office is in the state; balances are for the whole institution. HMDA and SBA figures count loans placed in the state, whoever made them. Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/)

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.