Independent bank
Encyclopedia
Independent Bank of Ionia, Michigan
Ionia, Michigan
Ionia is the largest city in, and the county seat of, Ionia County, Michigan, United States. The population was 11,394 at the 2010 census. Every late July it hosts what may be the world's largest free-admission fair...

 was founded in 1864 as First National Bank of Ionia with an original capital of US$50,000. Through the years, the bank opened and acquired new offices across the state of Michigan
Michigan
Michigan is a U.S. state located in the Great Lakes Region of the United States of America. The name Michigan is the French form of the Ojibwa word mishigamaa, meaning "large water" or "large lake"....

. In 1974, Independent Bank Corporation was formed as the bank holding company and the offices were renamed to reflect this change.

Independent Bank Corporation, with total assets of US$3 billion, now operates more than 100 offices across Michigan through four, state-chartered bank subsidiaries. These subsidiaries—Independent Bank, Independent Bank West Michigan, Independent Bank East Michigan and Independent Bank South Michigan—provide a full range of financial services including commercial accounts, treasury management, internet banking, commercial and mortgage lending, investments and title services.

In March 2007, Independent Bank purchased ten TCF Bank
TCF Bank
TCF Bank is the wholly owned banking subsidiary of TCF Financial Corporation, a bank holding company headquartered in Wayzata, Minnesota. TCF Bank is nationally chartered and operates 440 bank branches....

branches in the Battle Creek, Bay City, and Saginaw, Michigan areas.
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