Mercantile Moves Some Operations To Wyoming
GRAND RAPIDS — Mercantile Bank Corporation, the holding company for Mercantile Bank, is moving its headquarters to the city of Wyoming and is also opening a 25,000-square-foot facility to house an operations center as well as a branch office there.
Mercantile Bank of West Michigan, however, will remain headquartered on North Division Avenue in downtown Grand Rapids, where the bank has been headquartered since its doors opened in December 1997, said Robert Kaminski, senior vice president.
The combination operations center-branch office in Wyoming is located at the southeast corner of 56th Street and Byron Center Avenue. Adjacent to that facility is the holding company’s new 7,000-square-foot administration building, which will be home to the bank’s senior officers, branch administration and human resources departments.
The new branch location was selected to tap into the “population explosion” going on in the southwest corner of metro Grand Rapids, according to Mercantile President and CEO Michael Price.
The Wyoming branch, the company’s third banking office, is scheduled to open today. Officers and administrative personnel will relocate to the Wyoming administrative building in phases, with all moves completed by the first week in October. Kaminski said the company is bursting at the seams in both its current offices in downtown Grand Rapids and on Alpine Avenue in Walker, which presently houses its operations center.
“We desperately needed the room for expansion,” he added.
Mercantile intends to introduce itself to the Wyoming community with a “Family Day” celebration from 9 a.m. to noon, Sept. 15, at the new site.
The official ribbon-cutting ceremony is slated for Tuesday, Sept. 18.