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Independent Bank Rates & Review November 2026

Q: What are the current interest rates at Independent Bank?

Current rates for Independent Bank include: 12-Month CD: 2.63%, 24-Month CD: 2.84%, Savings: 2.17%, MMA: 2.17%

Q: What CD terms does Independent Bank offer?

Independent Bank CD rates are 2.48% APY for a 6 month CD, 3.92% APY for a 7 month CD, 2.63% APY for a 12 month CD, 4.07% APY for a 13 month CD and 2.84% APY for a 2 year CD, verified by MonitorBankRates as of November 5, 2026. The institution may offer other terms or specials that are not listed here, so check with Independent Bank for its full lineup.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: November 5, 2026

Independent Bank's 24-Month CD rates are at 2.84%, 12-Month CD rates are at 2.63%, 6-Month CD rates are at 2.48%, 13-Month CD Special rates are at 4.07%, 7-Month CD Special rates are at 3.92%. Independent Bank's savings rates are at 2.17%. Independent Bank's money market rates are at 2.17%. Independent Bank's Personal Loan Rates are as low as 12.80%. Independent Bank's top CD rate of 4.07% APY on a 13 month CD is 35% higher than the MonitorBankRates national average of 3.02% APY for that term, and it has an A health rating. MonitorBankRates evaluates the financial stability of Independent Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 6.46%. Rates last updated and verified on 11/05/2026.

Independent Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Independent Bank? Share your experience about Independent Bank by leaving a review below, or read customer reviews before you decide to use Independent Bank.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 97/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

6.46%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Independent Bank

4200 E Beltline Ave Ne
Grand Rapids, MI 49525

https://www.independentbank.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Independent Bank CD Rates

Product	Rate	APY	Term
13-Month CD Special	4.00%	4.07%	13 months
Min Balance $1,000 Details Interest Tier: $1,000 minimum; Effective November 4, 2026 Last Updated 11/05/2026 Rate History 6 changes since Sep 18, 2026 · 3.76% → 4.07% ▲ 0.31 pts · high 4.23% / low 3.76% Nov 5, 20264.07%▼ from 4.23% Oct 31, 20264.23%▲ from 4.18% Oct 26, 20264.18%▲ from 4.13% Oct 14, 20264.13%▲ from 4.07% Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
7-Month CD Special	3.85%	3.92%	7 months
Min Balance $1,000 Details Interest Tier: $1,000 minimum; Effective November 4, 2026 Last Updated 11/05/2026 Rate History 4 changes since Sep 18, 2026 · 3.61% → 3.92% ▲ 0.31 pts · high 3.92% / low 3.61% Oct 31, 20263.92%▲ from 3.87% Oct 14, 20263.87%▲ from 3.82% Oct 2, 20263.82%▲ from 3.71% Sep 24, 20263.71%▲ from 3.61% Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
3-Month CD Special	3.65%	3.71%	3 months
Min Balance $1,000 Details Interest Tier: $1,000 minimum; Effective November 4, 2026 Last Updated 11/05/2026 Rate History 3 changes since Sep 18, 2026 · 3.56% → 3.71% ▲ 0.15 pts · high 3.76% / low 3.56% Nov 5, 20263.71%▼ from 3.76% Oct 2, 20263.76%▲ from 3.66% Sep 24, 20263.66%▲ from 3.56% Sep 18, 20263.56%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
24-Month CD	2.80%	2.84%	24 months
Min Balance $500 Details Interest Tier: $500 minimum; Effective November 4, 2026 Last Updated 11/05/2026 Rate History 6 changes since Sep 18, 2026 · 2.68% → 2.84% ▲ 0.16 pts · high 3.14% / low 2.68% Nov 5, 20262.84%▼ from 3.09% Oct 31, 20263.09%▼ from 3.14% Oct 26, 20263.14%▲ from 3.09% Oct 14, 20263.09%▲ from 2.89% Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
12-Month CD	2.60%	2.63%	12 months
Min Balance $500 Details Interest Tier: $500 minimum; Effective November 4, 2026 Last Updated 11/05/2026 Rate History 6 changes since Sep 18, 2026 · 2.32% → 2.63% ▲ 0.31 pts · high 2.78% / low 2.32% Nov 5, 20262.63%▼ from 2.78% Oct 31, 20262.78%▲ from 2.73% Oct 26, 20262.73%▲ from 2.68% Oct 14, 20262.68%▲ from 2.58% Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
6-Month CD	2.45%	2.48%	6 months
Min Balance $500 Details Interest Tier: $500 minimum; Effective November 4, 2026 Last Updated 11/05/2026 Rate History 4 changes since Sep 18, 2026 · 2.17% → 2.48% ▲ 0.31 pts · high 2.48% / low 2.17% Oct 31, 20262.48%▲ from 2.43% Oct 14, 20262.43%▲ from 2.38% Oct 2, 20262.38%▲ from 2.27% Sep 24, 20262.27%▲ from 2.17% Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Savings Rates

Product	Rate	APY
Savings Account	2.15%	2.17%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 2.17% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	2.10%	2.12%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 2.12% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.60%	1.61%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Oct 14, 2026 · 1.56% → 1.61% ▲ 0.05 pts · high 1.61% / low 1.56% Oct 31, 20261.61%▲ from 1.56% Oct 14, 20261.56%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.55%	1.56%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 1.56% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.10%	1.11%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 1.11% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	1.05%	1.06%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 1.06% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.60%	0.60%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 0.60% APY · checked 11 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.60%	0.60%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 0.60% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.50%	0.50%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 0.50% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.45%	0.45%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 0.45% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.30%	0.30%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.30% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.30%	0.30%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 0.30% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.15%	0.15%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.15% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.15%	0.15%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 0.15% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.12%	0.12%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.12% ▲ 0.05 pts · high 0.12% / low 0.07% Oct 14, 20260.12%▲ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.10%	0.10%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.10% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.07%	0.07%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.07% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.07%	0.07%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 7, 2026 · 0.07% APY · checked 7 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.03%	0.03%
Min Balance $2,500 Details Balance: $2,500 to $9,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.03% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.03%	0.03%
Min Balance $10,000 Details Balance: $10,000 & Over; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 0.03% APY · checked 11 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.03%	0.03%
Min Balance $2,500 Details Balance: $2,500 to $9,999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 14, 2026 · 0.03% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Savings Account	0.03%	0.03%
Min Balance $10,000 Details Balance: $10,000 & Over; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Oct 7, 2026 · 0.07% → 0.03% ▼ 0.04 pts · high 0.07% / low 0.03% Oct 14, 20260.03%▼ from 0.07% Oct 7, 20260.07%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Eagle/Swift Savings	0.01%	0.01%
Min Balance $0 Details Balance: $0 to $9,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.01%	0.01%
Min Balance $0 Details Balance: $0 to $999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Health Savings Account	0.01%	0.01%
Min Balance $1,000 Details Balance: $1,000 to $2,499; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Checking Rates

Product	Rate	APY
Relationship Money Market with a Checking Relationship	2.15%	2.17%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 1.97% → 2.17% ▲ 0.20 pts · high 2.17% / low 1.97% Oct 7, 20262.17%▲ from 1.97% Sep 27, 20261.97%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	2.10%	2.12%
Min Balance $250,000 Details Balance: $250,000 or greater; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 1.92% → 2.12% ▲ 0.20 pts · high 2.12% / low 1.92% Oct 7, 20262.12%▲ from 1.92% Sep 27, 20261.92%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	1.60%	1.61%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 1.51% → 1.61% ▲ 0.10 pts · high 1.61% / low 1.51% Oct 7, 20261.61%▲ from 1.51% Sep 27, 20261.51%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	1.55%	1.56%
Min Balance $100,000 Details Balance: $100,000 to $249,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 1.46% → 1.56% ▲ 0.10 pts · high 1.56% / low 1.46% Oct 7, 20261.56%▲ from 1.46% Sep 27, 20261.46%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	1.10%	1.11%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 1.06% → 1.11% ▲ 0.05 pts · high 1.11% / low 1.06% Oct 7, 20261.11%▲ from 1.06% Sep 27, 20261.06%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	1.05%	1.06%
Min Balance $50,000 Details Balance: $50,000 to $99,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 1.00% → 1.06% ▲ 0.06 pts · high 1.06% / low 1.00% Oct 7, 20261.06%▲ from 1.00% Sep 27, 20261.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	0.50%	0.50%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 0.45% → 0.50% ▲ 0.05 pts · high 0.50% / low 0.45% Oct 7, 20260.50%▲ from 0.45% Sep 27, 20260.45%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	0.45%	0.45%
Min Balance $25,000 Details Balance: $25,000 to $49,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 27, 2026 · 0.40% → 0.45% ▲ 0.05 pts · high 0.45% / low 0.40% Oct 7, 20260.45%▲ from 0.40% Sep 27, 20260.40%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	0.12%	0.12%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.12% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	0.07%	0.07%
Min Balance $10,000 Details Balance: $10,000 to $24,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.07% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market with a Checking Relationship	0.06%	0.06%
Min Balance $0 Details Balance: $0 to $9,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.06% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Relationship Money Market without a Checking Relationship	0.01%	0.01%
Min Balance $0 Details Balance: $0 to $9,999; Effective: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 27, 2026 · 0.01% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Home Equity & HELOC

Product	Rate	Points	APR
Home Equity Line of Credit Variable Rate	-	-	7.00%
Details Loan to Value: Up to 80.00%; Effective Date: September 17, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 6.75% → 7.00% ▲ 0.25 pts · high 7.00% / low 6.75% Sep 18, 20267.00%▲ from 6.75% Sep 15, 20266.75%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Home Equity Line of Credit Variable Rate	-	-	8.24%
Details Loan to Value: Up to 90.00%; Effective Date: September 17, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 7.99% → 8.24% ▲ 0.25 pts · high 8.24% / low 7.99% Sep 18, 20268.24%▲ from 7.99% Sep 15, 20267.99%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Auto Loan Rates

Product	Rate	Points	APR	Term	View More
Auto Loan - 84 Month	6.99%	-	7.12%	84 months
Details Rate is with autopay discount; Loan to Value: N/A; Effective Date: October 19, 2026 Last Updated 11/05/2026 Rate History 2 changes since Sep 15, 2026 · 6.12% → 7.12% ▲ 1.00 pts · high 7.12% / low 6.12% Oct 20, 20267.12%▲ from 6.62% Sep 24, 20266.62%▲ from 6.12% Sep 15, 20266.12%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank RV, Boat and Powersport Loan Rates

Product	Rate	APR	Term
Marine Loans	7.74%	7.77%	180 months
Details Rate is with autopay discount; Loan to Value: N/A; Effective Date: September 21, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 7.27% → 7.77% ▲ 0.50 pts · high 7.77% / low 7.27% Sep 24, 20267.77%▲ from 7.27% Sep 15, 20267.27%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
RV Loans	7.74%	7.77%	180 months
Details Rate is with autopay discount; Loan to Value: N/A; Effective Date: September 21, 2026 Last Updated 11/05/2026 Rate History No change since Sep 15, 2026 · 7.77% APR · checked 12 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Powersports Loans	8.24%	8.40%	120 months
Details Rate is with autopay discount; Loan to Value: N/A; Effective Date: September 21, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 7.90% → 8.40% ▲ 0.50 pts · high 8.40% / low 7.90% Sep 24, 20268.40%▲ from 7.90% Sep 15, 20267.90%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Personal Loan Rates

Product	APR	Term	View More
Unsecured Personal Loans	12.80%	36 months
Details Rate shown is Rate With Autopay; Effective Date: September 21, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 12.23% → 12.80% ▲ 0.57 pts · high 12.80% / low 12.23% Oct 20, 202612.80%▲ from 12.23% Sep 15, 202612.23%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Independent Bank Other Rates

Product	Rate	Points	APY/APR	Term
Home Improvement Loan - Maximum Amount	10.99%	-	11.29%	60 Months
Details $25,000.00; Rate is with autopay discount; Loan to Value: N/A; Effective Date: September 21, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 11.04% → 11.29% ▲ 0.25 pts · high 11.29% / low 11.04% Sep 24, 202611.29%▲ from 11.04% Sep 15, 202611.04%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
Home Improvement Loan - Maximum Amount	11.99%	-	12.16%	120 months
Details $25,000.00; Rate is with autopay discount; Loan to Value: N/A; Effective Date: September 21, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 15, 2026 · 11.91% → 12.16% ▲ 0.25 pts · high 12.16% / low 11.91% Sep 24, 202612.16%▲ from 11.91% Sep 15, 202611.91%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	0.01%	-	0.01%
Min Balance $0 Details Balance: $0 to $999; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Oct 7, 2026 · 0.01% APY · checked 5 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	0.25%	-	0.25%
Details Number of Transactions: 11-20; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 18, 2026 · 5.00% → 0.25% ▼ 4.75 pts · high 5.00% / low 0.25% Oct 14, 20260.25%▼ from 5.00% Sep 18, 20265.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	0.75%	-	0.75%
Details Number of Transactions: 21-30; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 18, 2026 · 5.00% → 0.75% ▼ 4.25 pts · high 5.00% / low 0.75% Oct 14, 20260.75%▼ from 5.00% Sep 18, 20265.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	1.50%	-	1.51%
Details Number of Transactions: 31-45; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History 1 change since Sep 18, 2026 · 5.00% → 1.51% ▼ 3.49 pts · high 5.00% / low 1.51% Oct 14, 20261.51%▼ from 5.00% Sep 18, 20265.00%first recorded Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	4.89%	-	5.00%
Details Number of Transactions: 46+; Effective Date: November 4, 2026 Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 5.00% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%
ONE Account	-	-	5.00%
Min Deposit $10 Details Qualifications Required; Earn up to 5.00% APY; Rate based on monthly volume of debit card swipes; Up to $500 annually with debit card use (example: $10,000 average daily balance and 46 or more debit card swipes per statement period); No monthly service fees with eStatements; No minimum balance required Last Updated 11/05/2026 Rate History No change since Sep 18, 2026 · 5.00% APY · checked 9 times Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 6.46%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Independent Bank’s Texas Ratio rose from 1.21% in Q3 2023 to 6.46% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0 and its Health Grade from A+ to A. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$5.7B	6.46%	5.0	A
March 31, 2026	$5.6B	5.66%	5.0	A+
December 31, 2025	$5.5B	4.87%	5.0	A+
September 30, 2025	$5.5B	4.31%	5.0	A+
June 30, 2025	$5.4B	1.75%	5.0	A+
March 31, 2025	$5.3B	1.54%	5.0	A+
December 31, 2024	$5.3B	1.44%	5.0	A+
September 30, 2024	$5.3B	1.24%	5.0	A+
June 30, 2024	$5.3B	1.17%	5.0	A+
March 31, 2024	$5.2B	1.07%	5.0	A+
December 31, 2023	$5.3B	1.35%	5.0	A+
September 30, 2023	$5.2B	1.21%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Independent Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Independent Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Independent Bank's official website for the most current offers and terms.

Bank Profile & Overview

Bank Name Independent Bank

Website https://www.independentbank.com

Address 4200 E Beltline Ave Ne, Grand Rapids, MI 49525 · Kent

Bank Holding Company INDEPENDENT BANK CORP

FDIC Certificate # 27811

Regulator FED

Established January 1, 1890

FDIC Insurance Date August 9, 1989

Domestic Offices 59

Total Branches 59

FDIC Insured ✓ Yes, up to $250,000 per depositor

Financials

MonitorBankRates Star Rating

5.0 / 5.0 ★

Overall Health & Safety Grade

A (97/100)

Texas Ratio

6.46%

National Average Texas Ratio

5.85%

Return on Assets (ROA)

1.3439%

Return on Equity (ROE)

14.9200%

Non-Performing Loans Ratio (NPL)

0.77%

Total Assets

$5,656,124,000

Total Deposits

$4,929,167,000

Equity Capital

$515,930,000

Net Income

$37,422,000

Headquarters

Grand Rapids

Total Branches and Offices

Source: FDIC — Last Updated June 30, 2026

2026 MBR Health & Safety Badge

Independent Bank earned the Verified Healthy badge

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Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Total Reviews

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Frequently Asked Questions About Independent Bank

Does Independent Bank offer CDs?

Yes. Independent Bank current CD rates include its 13-Month CD Special at 4.07% APY, its 7-Month CD Special at 3.92% APY and its 24-Month CD at 2.84% APY, verified by MonitorBankRates as of November 5, 2026.

Are CDs from Independent Bank FDIC insured?

Yes. Independent Bank is insured by the Federal Deposit Insurance Corporation (FDIC), so CDs opened there are insured up to $250,000 per depositor, per ownership category.

What is the highest CD rate at Independent Bank?

The highest Independent Bank CD rate is its 13-Month CD Special at 4.07% APY, verified by MonitorBankRates as of November 5, 2026.

What CD terms does Independent Bank offer?

Independent Bank CD rates are 2.48% APY for a 6 month CD, 3.92% APY for a 7 month CD, 2.63% APY for a 12 month CD, 4.07% APY for a 13 month CD and 2.84% APY for a 2 year CD, verified by MonitorBankRates as of November 5, 2026. The institution may offer other terms or specials that are not listed here, so check with Independent Bank for its full lineup.

What is the highest savings rate at Independent Bank?

The highest Independent Bank savings rate is its Savings Account at 2.17% APY, verified by MonitorBankRates as of November 5, 2026.

What is the highest money market rate at Independent Bank?

The highest Independent Bank money market rate is its Relationship Money Market with a Checking Relationship at 2.17% APY, verified by MonitorBankRates as of November 5, 2026.

What is the highest checking rate at Independent Bank?

The highest Independent Bank checking rate is its Relationship Money Market with a Checking Relationship at 2.17% APY, verified by MonitorBankRates as of November 5, 2026.

What is the lowest auto loan rate at Independent Bank?

The lowest Independent Bank auto loan rate is its Auto Loan - 84 Month at 6.99%, verified by MonitorBankRates as of November 5, 2026.

What is the lowest personal loan rate at Independent Bank?

The lowest Independent Bank personal loan rate is its Unsecured Personal Loans at 11.99%, verified by MonitorBankRates as of November 5, 2026.

How many branches does Independent Bank operate?

Independent Bank currently maintains approximately 59 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Independent Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Independent Bank provides members with tools to manage their accounts and build a solid financial history.

Does Independent Bank offer online and mobile banking?

Most modern institutions like Independent Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.independentbank.com.

Are all CD rates listed on MonitorBankRates federally insured?

Most are. Banks are insured by the FDIC and most credit unions by the NCUA, up to $250,000 per depositor, per ownership category. A small number of credit unions are privately insured instead, and we label them on their pages. MonitorBankRates is not a bank or credit union; deposit insurance comes from the institution where you open the account.

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

You open the account directly with the bank or credit union. Use the View button next to a rate to go to the institution's website, then apply online, by phone or at a branch. Confirm the current rate and terms with the institution before you deposit.

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Your account is with the financial institution. MonitorBankRates is a rate comparison site; we do not open accounts, hold deposits or handle your money.

Why are some CD offers not available for me to open?

Some offers are limited to certain states or local areas, require membership or an existing account, need a minimum deposit, or were promotions that have since ended. Rates can also change after we verify them. The institution's website has the current eligibility rules.

How do Independent Bank rates compare?

Independent Bank's top CD rate of 4.07% APY on a 13 month CD is 35% higher than the MonitorBankRates national average of 3.02% APY for that term, and it has an A health rating. Independent Bank's top rates are its 13-Months 13-Month CD Special at 4.07% APY, its Savings Account at 2.17% APY, its Relationship Money Market with a Checking Relationship at 2.17% APY and its Unsecured Personal Loans at 12.80% APR, verified by MonitorBankRates on November 5, 2026.

Current Independent Bank Rates

12-Month CD2.63%
24-Month CD2.84%
Savings2.17%
MMA2.17%

Retrieved from our database of financial products. Rates subject to change.

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Independent Bank Rates & Review November 2026

Brian McKay

Overall Health & Safety Grade

MonitorBankRates Star Rating

Independent Bank Texas Ratio

Independent Bank Health Trend

Independent Bank CD Rates

Independent Bank Savings Rates

Independent Bank Checking Rates

Independent Bank Home Equity & HELOC

Independent Bank Auto Loan Rates

Independent Bank RV, Boat and Powersport Loan Rates

Independent Bank Personal Loan Rates

Independent Bank Other Rates

Financial Health History

Methodology & Data Sources

Bank Profile & Overview

Financials

Independent Bank earned the Verified Healthy badge

Customer Reviews

Frequently Asked Questions About Independent Bank

Does Independent Bank offer CDs?

Are CDs from Independent Bank FDIC insured?

What is the highest CD rate at Independent Bank?

What CD terms does Independent Bank offer?

What is the highest savings rate at Independent Bank?

What is the highest money market rate at Independent Bank?

What is the highest checking rate at Independent Bank?

What is the lowest auto loan rate at Independent Bank?

What is the lowest personal loan rate at Independent Bank?

How many branches does Independent Bank operate?

Is there a first-time homebuyer program?

Are credit management and repair services offered?

Does Independent Bank offer online and mobile banking?

Are all CD rates listed on MonitorBankRates federally insured?

I want to open a CD with an institution listed on MonitorBankRates. How do I open the account?

If I open a CD I found on MonitorBankRates, is my account with MonitorBankRates or the institution?

Why are some CD offers not available for me to open?

How do Independent Bank rates compare?

Current Independent Bank Rates

Compare to Other Banks