What are the current interest rates at Independent Bank?

Current rates for Independent Bank include: 12-Month CD: 2.68%, 24-Month CD: 3.09%, Savings: 2.17%, MMA: 2.17%

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Independent Bank Rates & Review October 2026

Q: How many branches does Independent Bank operate?

Independent Bank currently maintains approximately 59 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Independent Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Independent Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 14, 2026

Independent Bank's top rates as of October 14, 2026 are 4.13% APY on its 13-Month CD Special, 2.17% APY on savings, 2.17% APY on money market accounts, and personal loans from 12.80% APR, according to rates verified by MonitorBankRates. Other Independent Bank CD rates include 7-Month CD Special at 3.87%, 3-Month CD Special at 3.76%, and 24-Month CD at 3.09%. MonitorBankRates evaluates the financial stability of Independent Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 6.46%. Rates last updated and verified on 10/14/2026.

Independent Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Independent Bank? Share your experience about Independent Bank by leaving a review below, or read customer reviews before you decide to use Independent Bank.

Verified Healthy Q2 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 97/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

6.46%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Independent Bank

4200 E Beltline Ave Ne
Grand Rapids, MI 49525

https://www.independentbank.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Independent Bank CD Rates

Product	Rate	APY	Term
13-Month CD Special	4.05%	4.13%	13-Month
Min Balance $1,000 Details Interest Tier: $1,000 minimum; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 3 changes since Sep 18, 2026 · 3.76% → 4.13% ▲ 0.37 pts · high 4.13% / low 3.76% Oct 14, 20264.13%▲ from 4.07% Oct 2, 20264.07%▲ from 3.87% Sep 24, 20263.87%▲ from 3.76% Sep 18, 20263.76%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
7-Month CD Special	3.80%	3.87%	7-Month
Min Balance $1,000 Details Interest Tier: $1,000 minimum; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 3 changes since Sep 18, 2026 · 3.61% → 3.87% ▲ 0.26 pts · high 3.87% / low 3.61% Oct 14, 20263.87%▲ from 3.82% Oct 2, 20263.82%▲ from 3.71% Sep 24, 20263.71%▲ from 3.61% Sep 18, 20263.61%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
3-Month CD Special	3.70%	3.76%	3-Month
Min Balance $1,000 Details Interest Tier: $1,000 minimum; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 2 changes since Sep 18, 2026 · 3.56% → 3.76% ▲ 0.20 pts · high 3.76% / low 3.56% Oct 2, 20263.76%▲ from 3.66% Sep 24, 20263.66%▲ from 3.56% Sep 18, 20263.56%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
24-Month CD	3.05%	3.09%	24-Month
Min Balance $500 Details Interest Tier: $500 minimum; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 3 changes since Sep 18, 2026 · 2.68% → 3.09% ▲ 0.41 pts · high 3.09% / low 2.68% Oct 14, 20263.09%▲ from 2.89% Oct 2, 20262.89%▲ from 2.73% Sep 24, 20262.73%▲ from 2.68% Sep 18, 20262.68%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
12-Month CD	2.65%	2.68%	12-Month
Min Balance $500 Details Interest Tier: $500 minimum; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 3 changes since Sep 18, 2026 · 2.32% → 2.68% ▲ 0.36 pts · high 2.68% / low 2.32% Oct 14, 20262.68%▲ from 2.58% Oct 2, 20262.58%▲ from 2.43% Sep 24, 20262.43%▲ from 2.32% Sep 18, 20262.32%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
6-Month CD	2.40%	2.43%	6-Month
Min Balance $500 Details Interest Tier: $500 minimum; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 3 changes since Sep 18, 2026 · 2.17% → 2.43% ▲ 0.26 pts · high 2.43% / low 2.17% Oct 14, 20262.43%▲ from 2.38% Oct 2, 20262.38%▲ from 2.27% Sep 24, 20262.27%▲ from 2.17% Sep 18, 20262.17%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Savings Rates

Product	Rate	APY
Savings Account	2.15%	2.17%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 2.17% ▲ 2.10 pts · high 2.17% / low 0.07% Oct 14, 20262.17%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	2.10%	2.12%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 2.12% ▲ 2.05 pts · high 2.12% / low 0.07% Oct 14, 20262.12%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.60%	1.61%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 1.61% ▲ 1.54 pts · high 1.61% / low 0.07% Oct 14, 20261.61%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.55%	1.56%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 1.56% ▲ 1.49 pts · high 1.56% / low 0.07% Oct 14, 20261.56%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.10%	1.11%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 1.11% ▲ 1.04 pts · high 1.11% / low 0.07% Oct 14, 20261.11%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.05%	1.06%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 1.06% ▲ 0.99 pts · high 1.06% / low 0.07% Oct 14, 20261.06%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.60%	0.60%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 18, 2026 · 0.60% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.60%	0.60%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.60% ▲ 0.53 pts · high 0.60% / low 0.07% Oct 14, 20260.60%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.50%	0.50%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.50% ▲ 0.43 pts · high 0.50% / low 0.07% Oct 14, 20260.50%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.45%	0.45%
Min Balance $25,000 Details Balance: $25,000 - $49,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.45% ▲ 0.38 pts · high 0.45% / low 0.07% Oct 14, 20260.45%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.30%	0.30%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.30% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.30%	0.30%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.30% ▲ 0.23 pts · high 0.30% / low 0.07% Oct 14, 20260.30%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.15%	0.15%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.15% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.15%	0.15%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.15% ▲ 0.08 pts · high 0.15% / low 0.07% Oct 14, 20260.15%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.12%	0.12%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.12% ▲ 0.05 pts · high 0.12% / low 0.07% Oct 14, 20260.12%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.10%	0.10%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.10% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.07%	0.07%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.07%	0.07%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History No change since Oct 7, 2026 · 0.07% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.03%	0.03%
Min Balance $2,500 Details Balance: $2,500 to $9,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.03% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.03%	0.03%
Min Balance $10,000 Details Balance: $10,000 & Over; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 18, 2026 · 0.03% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.03%	0.03%
Min Balance $2,500 Details Balance: $2,500 to $9,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.01% → 0.03% ▲ 0.02 pts · high 0.03% / low 0.01% Oct 14, 20260.03%▲ from 0.01% Oct 7, 20260.01%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.03%	0.03%
Min Balance $10,000 Details Balance: $10,000 & Over; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.03% ▼ 0.04 pts · high 0.07% / low 0.03% Oct 14, 20260.03%▼ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.01%	0.01%
Min Balance $0 Details Balance: $0 to $9,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.01%	0.01%
Min Balance $0 Details Balance: $0 to $999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.01%	0.01%
Min Balance $1,000 Details Balance: $1,000 to $2,499; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Checking Rates

Product	Rate	APY
Relationship Money Market with a Checking Relationship	2.15%	2.17%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 1.97% → 2.17% ▲ 0.20 pts · high 2.17% / low 1.97% Oct 7, 20262.17%▲ from 1.97% Sep 27, 20261.97%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	2.10%	2.12%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 1.92% → 2.12% ▲ 0.20 pts · high 2.12% / low 1.92% Oct 7, 20262.12%▲ from 1.92% Sep 27, 20261.92%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	1.60%	1.61%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 1.51% → 1.61% ▲ 0.10 pts · high 1.61% / low 1.51% Oct 7, 20261.61%▲ from 1.51% Sep 27, 20261.51%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	1.55%	1.56%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 1.46% → 1.56% ▲ 0.10 pts · high 1.56% / low 1.46% Oct 7, 20261.56%▲ from 1.46% Sep 27, 20261.46%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	1.10%	1.11%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 1.06% → 1.11% ▲ 0.05 pts · high 1.11% / low 1.06% Oct 7, 20261.11%▲ from 1.06% Sep 27, 20261.06%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	1.05%	1.06%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 1.00% → 1.06% ▲ 0.06 pts · high 1.06% / low 1.00% Oct 7, 20261.06%▲ from 1.00% Sep 27, 20261.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	0.50%	0.50%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 0.45% → 0.50% ▲ 0.05 pts · high 0.50% / low 0.45% Oct 7, 20260.50%▲ from 0.45% Sep 27, 20260.45%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	0.45%	0.45%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 27, 2026 · 0.40% → 0.45% ▲ 0.05 pts · high 0.45% / low 0.40% Oct 7, 20260.45%▲ from 0.40% Sep 27, 20260.40%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	0.12%	0.12%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.12% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	0.07%	0.07%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.07% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	0.06%	0.06%
Min Balance $0 Details Balance: $0 to $9,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.06% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	0.01%	0.01%
Min Balance $0 Details Balance: $0 to $9,999; Effective October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Home Equity & HELOC

Product	Rate	Points	APR
Home Equity Line of Credit Variable Rate	-	-	7.00%
Details Loan to value: Up to 80.00%; effective September 17, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 6.75% → 7.00% ▲ 0.25 pts · high 7.00% / low 6.75% Sep 18, 20267.00%▲ from 6.75% Sep 15, 20266.75%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Home Equity Line of Credit Variable Rate	-	-	8.24%
Details Loan to value: Up to 90.00%; effective September 17, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 7.99% → 8.24% ▲ 0.25 pts · high 8.24% / low 7.99% Sep 18, 20268.24%▲ from 7.99% Sep 15, 20267.99%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto Loan - 84 Month	6.49%	-	6.62%	84 months
Details Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 6.12% → 6.62% ▲ 0.50 pts · high 6.62% / low 6.12% Sep 24, 20266.62%▲ from 6.12% Sep 15, 20266.12%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Marine Loans	7.74%	7.77%	180 months
Details Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 7.27% → 7.77% ▲ 0.50 pts · high 7.77% / low 7.27% Sep 24, 20267.77%▲ from 7.27% Sep 15, 20267.27%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
RV Loans	7.74%	7.77%	180 months
Details Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History No change since Sep 15, 2026 · 7.77% APR · checked 8 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Powersports Loans	8.24%	8.40%	120 months
Details Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 7.90% → 8.40% ▲ 0.50 pts · high 8.40% / low 7.90% Sep 24, 20268.40%▲ from 7.90% Sep 15, 20267.90%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Personal Loan Rates

Product	APR	Term
Unsecured Personal Loans (36 months)	12.80%	36 months
Details up to $15,000.00; Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 18, 2026 · 12.23% → 12.80% ▲ 0.57 pts · high 12.80% / low 12.23% Sep 24, 202612.80%▲ from 12.23% Sep 18, 202612.23%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Unsecured Personal Loans (72 months)	13.43%	72 months
Details up to $15,000.00; Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 18, 2026 · 13.01% → 13.43% ▲ 0.42 pts · high 13.43% / low 13.01% Sep 24, 202613.43%▲ from 13.01% Sep 18, 202613.01%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Other Rates

Product	Rate	Points	APY/APR	Term
Home Improvement Loan - Maximum Amount	10.99%	-	11.29%	60 Months
Details $25,000.00; Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 11.04% → 11.29% ▲ 0.25 pts · high 11.29% / low 11.04% Sep 24, 202611.29%▲ from 11.04% Sep 15, 202611.04%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Home Improvement Loan - Maximum Amount	11.99%	-	12.16%	120 months
Details $25,000.00; Rate with autopay discount; effective September 21, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 15, 2026 · 11.91% → 12.16% ▲ 0.25 pts · high 12.16% / low 11.91% Sep 24, 202612.16%▲ from 11.91% Sep 15, 202611.91%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	0.01%	-	0.01%
Min Balance $0 Details Balance: $0 to $9,999; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History No change since Oct 7, 2026 · 0.01% APY · checked 3 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	0.25%	-	0.25%
Details Number of Transactions: 11-20; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 18, 2026 · 5.00% → 0.25% ▼ 4.75 pts · high 5.00% / low 0.25% Oct 14, 20260.25%▼ from 5.00% Sep 18, 20265.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	0.75%	-	0.75%
Details Number of Transactions: 21-30; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 18, 2026 · 5.00% → 0.75% ▼ 4.25 pts · high 5.00% / low 0.75% Oct 14, 20260.75%▼ from 5.00% Sep 18, 20265.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	1.50%	-	1.51%
Details Number of Transactions: 31-45; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History 1 change since Sep 18, 2026 · 5.00% → 1.51% ▼ 3.49 pts · high 5.00% / low 1.51% Oct 14, 20261.51%▼ from 5.00% Sep 18, 20265.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	4.89%	-	5.00%
Details Number of Transactions: 46+; Effective Date: October 14, 2026 Last Updated 10/14/2026 Rate History No change since Sep 18, 2026 · 5.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	-	-	5.00%
Min Deposit $10 Details Qualifications Required; Qualifying balance up to $10,000.00; Earn up to 5.00% APY; Get up to $500 annually when you use your debit card; No monthly service fees with eStatements; No minimum balance required; Blended rate: 0.10% APY on balances over $10,000.01 Last Updated 10/14/2026 Rate History No change since Sep 18, 2026 · 5.00% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

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Financial Health History

Independent Bank’s Texas Ratio rose from 1.21% in Q3 2023 to 6.46% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A+ to A. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$5.7B	6.46%	5.0	A
March 31, 2026	$5.6B	5.66%	5.0	A+
December 31, 2025	$5.5B	4.87%	5.0	A+
September 30, 2025	$5.5B	4.31%	5.0	A+
June 30, 2025	$5.4B	1.75%	5.0	A+
March 31, 2025	$5.3B	1.54%	5.0	A+
December 31, 2024	$5.3B	1.44%	5.0	A+
September 30, 2024	$5.3B	1.24%	5.0	A+
June 30, 2024	$5.3B	1.17%	5.0	A+
March 31, 2024	$5.2B	1.07%	5.0	A+
December 31, 2023	$5.3B	1.35%	5.0	A+
September 30, 2023	$5.2B	1.21%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Independent Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Independent Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Independent Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Independent Bank

Bank Holding Company INDEPENDENT BANK CORP

Address 4200 E Beltline Ave Ne, Grand Rapids, MI 49525 · Kent

Website https://www.independentbank.com

FDIC Certificate # 27811

Established 18900101

FDIC Insurance Date 19890809

Domestic Offices 59

Total Branches 59

Regulator FED

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 97/100

5.0

Exceptional Out of 5.0 Stars

6.46%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 1.3439%

Return on Equity (ROE) 14.9200%

Non-Performing Loans (NPL) 0.77%

Total Assets $5,656,124,000

Total Deposits $4,929,167,000

Equity Capital $515,930,000

Net Income $37,422,000

Headquarters Grand Rapids

Total Branches and Offices 59

Source: FDIC | Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Independent Bank earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

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  <img src="https://www.monitorbankrates.com/wp-content/uploads/badges/mbr-badge-tier-c-2026-q2.svg"
       alt="MonitorBankRates Verified Healthy Badge Q2 2026"
       width="160" height="160">
</a>

Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Independent Bank

How many branches does Independent Bank operate?

Independent Bank currently maintains approximately 59 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Independent Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Independent Bank provides members with tools to manage their accounts and build a solid financial history.

Does Independent Bank offer online and mobile banking?

Most modern institutions like Independent Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.independentbank.com.

Current Independent Bank Rates

12-Month CD2.68%
24-Month CD3.09%
Savings2.17%
MMA2.17%

Retrieved from our database of financial products. Rates subject to change.

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Independent Bank Rates & Review October 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Independent Bank Texas Ratio

Independent Bank Health Trend

Independent Bank CD Rates

Independent Bank Savings Rates

Independent Bank Checking Rates

Independent Bank Home Equity & HELOC

Independent Bank Auto Loan Rates

Independent Bank RV, Boat and Powersport Loan Rates

Independent Bank Personal Loan Rates

Independent Bank Other Rates

Financial Health History

Methodology & Data Sources

Bank Profile & Overview

Financial Health & Assets

Independent Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Independent Bank

How many branches does Independent Bank operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Independent Bank offer online and mobile banking?

Current Independent Bank Rates

Compare to Other Banks