In a big move for local banking, Mercantile Bank, based in Grand Rapids, is joining forces with Eastern Michigan Bank from Croswell in a $95.8 million deal. This merger creates a powerhouse with $6.7 billion in assets, expanding Mercantile’s reach with 12 new branches in Eastern and Southeast Michigan. The partnership strengthens their commitment to Michigan communities, combining strong local roots and boosting services for customers across Sanilac, Huron, and St. Clair counties. The deal is set to finalize later this year, pending approvals.
Reporting for WGRT – JP bZet
