Applications / Mortgage Analytics / Lenders / Michigan / Independent Bank / Data
Independent Bank
Grand Rapids, MI · State member bank · FRS · $5.5 billion assets · 2,357 loans in 2025
Independent Bank's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
2,357
loans originated, 2025
3,466
applications, 2025
6
states and territories
0
gaps bigger than at similar lenders
History
- 30 June 1985Change in Chartering Agency.
- 30 June 1985Renamed from Mutual Savings and Loan Association to Mutual Savings and Loan Association, FA.
- 1990First report under HMDA in the public data (which begins in 1990).
- 1 May 1990Charter changed (FDIC class SL to SB).
- 1 May 1990Renamed from Mutual Savings and Loan Association, FA to Mutual Savings Bank, F.S.B..
- 1 June 1990Renamed from Mutual Savings and Loan Association, FA to Mutual Savings Bank, F.S.B.
- 1 August 1991Renamed from Mutual Savings Bank, F.S.B to MUTUAL SAVINGS BANK, F.S.B..
- 15 September 1999Charter changed (FDIC class SB to NM).
- 15 September 1999Renamed from MUTUAL SAVINGS BANK, F.S.B. to Independent Bank MSB.
- 15 September 1999Change in Primary Regulatory Agency.
- 14 September 2001Renamed from Independent Bank MSB to Independent Bank.
- 15 September 2007Charter changed (FDIC class NM to SM).
- 15 September 2007Head office moved (now in MI).
- 15 September 2007Merged with Independent Bank - South Michigan. Its HMDA filings count as this lender's in the competition figures.
- 15 September 2007Merged with Independent Bank East Michigan. Its HMDA filings count as this lender's in the competition figures.
- 15 September 2007Merged with Independent Bank West MI. Its HMDA filings count as this lender's in the competition figures.
- 15 September 2007Change in Primary Regulatory Agency.
- 1 December 2010Merged with Independent Mortgage Company. Its HMDA filings count as this lender's in the competition figures.
- 20 April 2015Head office moved (now in MI).
Filed under earlier names
- 1990–1990MUTUAL S & LA, FA
- 1991–1991MUTUAL SAVINGS BANK, FSB
- 1992–1997MUTUAL SAVINGS BANK, F.S.B.
- 1998–1998MUTUAL SAVINGS BANK
- 1999–2001INDEPENDENT BANK MSB
- 2002–2003INDEPENDENT BANK CENTRAL
- 2004–2004INDEPENDENT BANK CENTRAL MI
Data editions
| Year | Publisher | Edition |
|---|---|---|
| 2018 | FFIEC | three-year |
| 2019 | FFIEC | three-year |
| 2020 | FFIEC | snapshot |
| 2021 | FFIEC | snapshot |
| 2022 | FFIEC | snapshot |
| 2023 | FFIEC | one-year |
| 2024 | FFIEC | one-year |
| 2025 | FFIEC | snapshot |
Corrections to this lender's records
| Year | Problem | Records | What was done |
|---|---|---|---|
| 2024 | zero income set to missing: debt-to-income band reported (37), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 1 | Record adjusted; the published value is kept in dw.lar_original |
| 2024 | zero income set to missing: debt-to-income band reported (38), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 2 | Record adjusted; the published value is kept in dw.lar_original |
| 2024 | zero income set to missing: debt-to-income band reported (>60%), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 1 | Record adjusted; the published value is kept in dw.lar_original |
| 2025 | zero income set to missing: business-purpose loan: personal income is not the basis. HMDA says report NA when income is not relied on | 3 | Record adjusted; the published value is kept in dw.lar_original |
| 2025 | zero income set to missing: debt-to-income band reported (20%-<30%), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 1 | Record adjusted; the published value is kept in dw.lar_original |
| 2025 | zero income set to missing: debt-to-income band reported (30%-<36%), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 4 | Record adjusted; the published value is kept in dw.lar_original |
| 2025 | zero income set to missing: debt-to-income band reported (37), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 2 | Record adjusted; the published value is kept in dw.lar_original |
| 2025 | zero income set to missing: debt-to-income band reported (47), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 1 | Record adjusted; the published value is kept in dw.lar_original |
| 2025 | zero income set to missing: debt-to-income band reported (<20%), which cannot be computed from zero income. HMDA says report NA when income is not relied on | 1 | Record adjusted; the published value is kept in dw.lar_original |
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