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Home > Company Index > Banking > Banking - Midwest > Macatawa Bank Corporation

Macatawa Bank Corporation
OTC: MCBC
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 PROFILE
Macatawa Bank Corporation is the holding company for Macatawa Bank, which since its 1997 founding has grown to 13 branches and a loan production office serving western Michigan's Allegan, Kent, and Ottawa counties. The bank offers a range of services, including standard deposit products such as checking and savings accounts, NOW accounts, and certificates of deposit. It also provides trust services. With these funds, the bank originates primarily business loans (more than 50% of the portfolio), residential and commercial mortgages, and consumer loans.

 COMPETITION
Fifth Third Bancorp (FITB)
Huntington Bancshares Incorporated (HBAN)
National City Corporation (NCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 36.40
1-Yr. Sales Growth: 69.0%
Employees: 182
Revenue per employee: $200,000.00

 KEY PEOPLE
• Benj. A. Smith
    CEO
• Steven L. Germond
    CFO

 CONTACT INFO
51 E. Main St.
Zeeland, MI 49464
US
Phone: 616-820-1444
Fax: 616-748-9616

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