mBank
mBank is a small bank headquartered in Manistique, MI. The bank operates 13 branches in 1 state (Michigan). mBank has deposits of $422.2 million, and was established in October 1934.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: mBank CD, mBank IRA CD, Premium MMA Business, Premium MMA, Statement Savings, Business NOW Checking, Relationship Plus Checking and Green Checking.
Current mBank Rates
| Name | Term | APY | Min Deposit | |
| mBank CD | 2 months | 0.15 % | $1 | |
| 6 months | 0.25 % | $1 | ||
| 1 year | 0.40 % | $1 | ||
| 13 months | 0.50 % | $1 | ||
| 18 months | 0.75 % | $1 | ||
| 2 years | 1.40 % | $1 | ||
| 3 years | 1.75 % | $1 | ||
| 4 years | 2.25 % | $1 | ||
| mBank IRA CD | 2 months | 0.15 % | $1 | |
| 6 months | 0.25 % | $1 | ||
| 1 year | 0.40 % | $1 | ||
| 13 months | 0.50 % | $1 | ||
| 18 months | 0.75 % | $1 | ||
| 2 years | 1.40 % | $1 | ||
| 3 years | 1.75 % | $1 | ||
| 4 years | 2.25 % | $1 |
About mBank
Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $400 million and whose common stock is traded on the NASDAQ stock market as “MFNC.” The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 12 branch locations; eight in the Upper Peninsula, three in the Northern Lower Peninsula and one in Oakland County, Michigan.
The Company’s banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.