MBWM
- Mercantile Bank Corporation
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Overview
Company Summary
Mercantile Bank Corporation (MBWM) is a financial holding company that operates through its subsidiary, Mercantile Bank of Michigan. The company primarily focuses on providing a wide range of banking and financial services to individuals, businesses, and municipalities in Michigan.
Mercantile Bank offers various deposit products, including checking and savings accounts, certificates of deposit, and individual retirement accounts. Additionally, they provide lending services such as commercial loans, residential mortgages, home equity lines of credit, and consumer loans.
The bank also offers a variety of cash management services, including remote deposit capture, electronic funds transfers, and merchant services, which help businesses efficiently manage their cash flow and payment processes.
Moreover, Mercantile Bank provides treasury management services that cater to the needs of municipalities. These services involve managing their payroll and tax collections, providing liquidity management, and assisting with investing municipal funds.
As part of their business operations, Mercantile Bank places a significant emphasis on building strong and meaningful relationships with their customers. They strive to understand their customers' financial goals and needs, and then provide personalized solutions and guidance to help them achieve their objectives.
In summary, Mercantile Bank Corporation is a banking institution that offers a comprehensive range of financial products and services to individuals, businesses, and municipalities in Michigan, with a strong focus on building lasting customer relationships.