SINCE 1864

In 1864 – 150 years ago – we started out as First National Bank of Ionia. Since then, we’ve maintained our local roots while growing across the state. During those 150 years, many things have changed, but our greatest achievements are rooted in the things that haven’t. We’re invested in our communities today just as we were in 1864, and we’re your friends and neighbors, not just your bankers. Those are the kind of relationships we began building 150 years ago, and they’re still the foundation of our business.

About Us

With more than 70 locations across Michigan’s lower peninsula, Independent Bank Corporation (Nasdaq Symbol: IBCP) is a Michigan-based bank holding company with total assets of approximately $2.4 billion. With a full range of financial services including commercial banking, mortgage lending, investments, and title services, we’re committed to providing exceptional service and value to our customers, our stockholders, and our communities.

Our corporation also owns two subsidiaries:
Independent Title Services 
Mepco Finance Corporation -
Mepco is headquartered in Chicago, Illinois and purchases and administers consumer payment plans.

 

Our History

First National Bank of Ionia was foundedFebruary 02 1864

The Wagar Block

First National Bank of Ionia was founded as one of the National Bank Act's first charters. It had $50,000 in deposits.

1896

The bank gave up its national charter1896

The bank gave up its national charter, obtained a state charter, and reorganized as State Savings Bank of Ionia.

1924

State Savings Bank of Ionia combined two offices1924

State Savings Bank of Ionia combined two offices into one Ionia location, which became the Ionia Main office.

1952

State Savings Bank of Ionia changed its name to First Security Bank1952

State Savings Bank of Ionia changed its name to First Security Bank.

1973

Independent Bank Corporation formed1973

Independent Bank Corporation formed, but stayed inactive until it acquired First Security Bank on June 1, 1974.

1985

Independent Bank joined the NASDAQ stock index.1985

Independent Bank joined the NASDAQ stock index.

1993

Independent Bank entered the market in the Thumb region1993

Independent Bank entered the market in the Thumb region with the addition of offices in Caro and Unionville.

1996

New Offices Added1996

Offices were added in the Alpena, Hillman, Hale, and Rogers City areas in Northern Michigan.

1998

Independent Bank first reached $1 billion in assets.1998

Independent Bank first reached $1 billion in assets.

1999

New Offices Added1999

Offices were added in the Bay City, Saginaw, Mount Pleasant, Battle Creek and West Branch areas.

2002

Independent Bank first reached $2 billion in assets.2002

Independent Bank first reached $2 billion in assets.

2004

Metro Detroit Offices Added2004

Metro Detroit offices were added in Beverly Hills, Bloomfield Hills, Farmington Hills, Livonia, and Troy.

2006

Ranked 18 in the top 25 banks2006

Independent Bank was ranked number 18 in the top 25 banks in the nation by the American Bankers Association “Banking Journal.”

2007

Completed the unification of 4 banks2007

Independent Bank completed the unification of four affiliated Michigan banks into one.

2008

New Offices Opened2008

New offices were opened in Houghton Lake and Muskegon.

2012

Sold 21 Offices2012

Independent Bank sold 21 offices in Battle Creek and Northeast Michigan to Chemical Bank.

2014

Rebranding to match our Philosophy2014

Independent Bank currently operates over 70 offices throughout Michigan and recently rebranded with a more modern, forward-looking eagle to match the bank’s philosophy and direction.