UNITED BANK OF MICHIGAN
GRAND RAPIDS, MICHIGAN · FDIC Cert #11807
Capital & Safety Analysis
According to FDIC financial data, UNITED BANK OF MICHIGAN holds a Tier 1 capital ratio of 0.00%. This falls below the 6% threshold regulators require, which may subject UNITED BANK OF MICHIGAN to additional regulatory scrutiny.
Key Financial Metrics
What This Means For Your Money
UNITED BANK OF MICHIGAN shows some financial weakness with a Health Score of 45/100. This does not mean the bank will fail, but some financial indicators are below average. Your FDIC-insured deposits (up to $250,000) are fully protected by the US government.
Remember: FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically have access to their funds within two business days.
Frequently Asked Questions
UNITED BANK OF MICHIGAN has a Bank Health Score of D (45/100). It holds a Tier 1 capital ratio of 0.00%, which is below the 8% "well-capitalized" threshold. All deposits up to $250,000 per depositor are FDIC insured regardless of the bank's health.
UNITED BANK OF MICHIGAN holds $996M in total assets and $829M in total deposits. It is located in GRAND RAPIDS, MICHIGAN (FDIC Certificate #11807).
UNITED BANK OF MICHIGAN has a Tier 1 capital ratio of 0.00%, classifying it as "Critically Undercapitalized." The nonperforming loan ratio is 0.04%, and the return on assets is 0.95%.
Yes. UNITED BANK OF MICHIGAN is FDIC-insured (Certificate #11807). The FDIC insures deposits up to $250,000 per depositor, per bank, per ownership category. Even if a bank fails, insured depositors typically regain access to funds within two business days.