Grand River Bank


4471 Wilson Ave Sw
Grandville, MI 49418
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.20% 2.55% →
1-Year CD 0.95% 2.80% →
2-Year CD 0.65% 3.20% →
5-Year CD 0.65% 3.65% →
30-Year Mortgage N.A. 6.31% →
15-Year Mortgage N.A. 5.86% →
HELOC N.A. 2.79% →

2022 Overview

General Bank Information

Grand River Bank is an FDIC insured institution located in Grandville, MI. It was founded in 2009 and has approximately $0.48 billion in assets.

FDIC Insured Yes
FDIC Certificate # 58789
Date Established 2009
Assets $ 476.74 million
Loans $ 387.58 million
Deposits $ 425.96 million
Capital $ 43.52 million

For a more detailed analysis of Grand River Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - August 13, 2022

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates APY MIN MAX
0.20% $2,500 $4,999 Learn More
Money Market
0.25% $2,500 $2,999 Learn More
Money Market
0.25% $10,000 $14,999 Learn More
Money Market
0.25% $25,000 $29,999 Learn More
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.95% $10,000 $14,999 Learn More
12 Mo CD
0.95% $100,000 $199,999 Learn More
18 Mo CD
0.65% $10,000 $14,999 Learn More
18 Mo CD
0.65% $100,000 $199,999 Learn More
24 Mo CD
0.65% $10,000 $14,999 Learn More
24 Mo CD
0.65% $100,000 $199,999 Learn More
36 Mo CD
0.65% $10,000 $14,999 Learn More
36 Mo CD
0.65% $100,000 $199,999 Learn More
48 Mo CD
0.65% $10,000 $14,999 Learn More
48 Mo CD
0.65% $100,000 $199,999 Learn More
60 Mo CD
0.65% $10,000 $14,999 Learn More
60 Mo CD
0.65% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
0.15% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.15% $1 $99 Learn MoreShow Less
Int Ckg
0.15% $2,500 $3,499 Learn MoreShow Less

Loan Rates - August 13, 2022

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Grand River Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2022

Lender APR Rate (%) Monthly
Learn More
NMLS ID: 2890
License#: 13256
4.851% 4.750%
0.75 points
$2,920 fees
$1,305 Learn More
Morty, Inc.
NMLS ID: 1429243
4.697% 4.625%
0.88 points
$2,098 fees
$1,286 Learn More
NMLS ID: 1907
5.301% 5.125%
1.00 points
$5,000 fees
$1,362 Learn More
First Internet Bank
NMLS ID: 424182
5.043% 4.990%
0.63 points
$1,502 fees
$1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2022

Lender APR (%)? Monthly Payment? Learn More

Note to Grand River Bank
To upload and update your bank's rates please register. It is free to register and add rates.


Grand River Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Grand River Bank Locations

Climate Initiatives

Grand River Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

Financial Details

Grand River Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Grand River Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Grand River Bank U.S. Bank Average
0% 4.01%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2022, Grand River Bank had $0 in non-current loans and $0 in owned real estate. To cover these potential losses it had $43,522,000 in equity and $4,866,000 in loans loss reserves. That gives it a Texas Ratio of 0%.

Return on Equity
Grand River Bank U.S. Bank Average
1.9% 9.01%

Grand River Bank has a Return on Equity of 1.9% versus the BestCashCow average of 9.01%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Grand River Bank U.S. Bank Average
9.13% 10.66%

Grand River Bank has a Capitalization of 9.13% versus the BestCashCow average of 10.66. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Grand River Bank Balance Sheet Analysis

As of March 31, 2022, Grand River Bank had assets of $476,741,000, loans of $387,575,000, and deposits of $425,955,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2022
Cash & Balances due from depository institutions $ 62.13 million
Interest-bearing balances $ 61.13 million
Total securities $ 17.78 million
Federal funds sold and reverse repurchase $ 0.42 million
Net loans and leases $ 387.58 million
Loan loss allowance $ 4.87 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets $ 6.38 million
     Total Assets $ 433.22 million
Total deposits $ 425.96 million
      Interest-bearing deposits $ 318.43 million
      Deposits held in domestic offices $ 425.96 million
      % insured (estimated) 56.61%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds $ 4.50 million
Subordinated debt N.A.
All other liabilities $ 2.76 million
      Total Liabilities $ 433.22 million
      Shareholders’ Equity $ 43.52 million

Summary Income Statement

March 31, 2022
Total Interest Income $ 3.87 million
Total Interest Expense $ 0.38 million
Net interest income $ 3.49 million
Provision for loan and lease losses N.A.
Total non interest income $ 0.27 million
Total non interest expense $ 3.50 million
Pre-tax Net Operating Income $ 0.26 million

Bank Loan Profile?

The top three loan types in Grand River Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Construction and Development Loans.

Compared to other banks in Michigan, Grand River Bank has a significantly higher percent of Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 16.12
Credit Card Loans 0.00
Consumer Auto Loans 0.03
Small Business Loans 0.00
Construction and Development Loans 10.41
Commercial Real Estate 60.33
Commercial and Industrial Loans 9.03
Farm Loans 0.00

Customer Reviews for Grand River Bank

There are currently no comments for Grand River Bank. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →