Items Tagged with 'Mercantile Bank'


Bank approves $15M share buyback expansion

April 19, 2016
A local bank has expanded a share re-purchase program by $15 million and declared a quarterly dividend. Read More

Bank receives TIF assignment for project

January 25, 2016
The Downtown Development Authority board of directors recently approved an agreement with 20 Monroe Building Co. LP to assign the developer’s right to receive tax increment reimbursement associated with the Venue Project at 20 Monroe Ave. NW to the commercial lending partner. Read More

Bank closes five branches

October 29, 2015
A local bank is shutting down five branches as part of a “cost-efficiency program.” Read More

Redevelopment project secures $4.6M in public funds

October 28, 2015
A local redevelopment project anchored by a new brewery is in line for a cash infusion. Read More

East Beltline development signs restaurants

June 23, 2015
An expanding development along a busy retail corridor on East Beltline is planning for the arrival of five tenants offering a range of dining options. Read More

Bank shuffles leadership

June 3, 2015
A bank has made changes to its leadership after a key retirement. Read More

Bank approves $20M share buyback

February 2, 2015
A bank is planning to buy back up to $20 million of its shares in a move to “enhance shareholder value.” Read More

Street Talk: Banks keep reshuffling; Mercantile keeps watching

Secret code.

January 30, 2015
“There’s a lot of M&A activity going on, and especially in Michigan,” notes Mike Price, CEO of Mercantile Bank. Read More

Mercantile ranks among banks best in social media

Its employee-produced videos on YouTube are clever and entertaining.

July 4, 2014
The Independent Community Bankers of America has included Mercantile Bank in Grand Rapids on its second annual list of the Top 50 Community Bank Leaders in Social Media. Read More

Mercantile Bank gets go-ahead to merge

May 16, 2014
Five months later than planned — and at additional cost — Mercantile Bank has finally been cleared by federal regulators to complete its merger with Firstbank Corp. in Alma. Read More