City Rankings & Insights
This page ranks banks in GRAND RAPIDS, MICHIGAN by Efficiency Ratio for the 2025Q1 period. Values are reported in percentage terms as of 2025-03-31. Use the table below to review institutions and click any bank to open its detailed call‑report profile.
- Average: 64.03%
- Median: 60.96%
- Min / Max: 51.20% — 87.54%
Top banks by Efficiency Ratio in GRAND RAPIDS
| Bank | Efficiency Ratio |
|---|---|
| UNION BANK | 87.54% |
| UNITED BANK OF MICHIGAN | 66.51% |
| INDEPENDENT BANK | 60.96% |
| NORTHPOINTE BANK | 53.94% |
| MERCANTILE BANK | 51.20% |