City Rankings & Insights
This page ranks banks in GRAND RAPIDS, MICHIGAN by Efficiency Ratio for the 2024Q4 period. Values are reported in percentage terms as of 2024-12-31. Use the table below to review institutions and click any bank to open its detailed call‑report profile.
- Average: 66.14%
- Median: 62.40%
- Min / Max: 53.40% — 86.24%
Top banks by Efficiency Ratio in GRAND RAPIDS
| Bank | Efficiency Ratio |
|---|---|
| UNION BANK | 86.24% |
| UNITED BANK OF MICHIGAN | 70.85% |
| NORTHPOINTE BANK | 62.40% |
| INDEPENDENT BANK | 57.81% |
| MERCANTILE BANK | 53.40% |