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    Macatawa Bank Corp. (MCBC)

    5.32 Up 0.02(0.38%) 2:11PM EDT
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    Macatawa Bank Corp.
    10753 Macatawa Drive
    Holland, MI 49424
    United States - Map
    Phone: 616-820-1444
    Website: http://www.macatawabank.com

    Index Membership:N/A
    Industry:Regional - Midwest Banks
    Full Time Employees:307

    Business Summary 

    Macatawa Bank Corporation operates as the holding company for Macatawa Bank that provides commercial and personal banking services in western Michigan. Its deposit products include business and consumer checking accounts, regular and money market savings accounts, and certificates of deposits. The company’s loan products portfolio comprises commercial and industrial loans offered to finance operations and equipment; commercial real estate loans primarily comprising construction and development loans, and multi-family and other non-residential real estate loans; retail loans that principally consist of residential mortgage loans; and consumer loans, such as automobile loans, home equity lines of credit and installment loans, home improvement loans, deposit account loans, and other loans for household and personal purposes. It also offers cash management, safe deposit boxes, trust, retirement planning, ATMs, Internet banking, telephone banking, debit cards, and various brokerage services, including discount brokerage, personal financial planning, and consultation regarding mutual funds. The company serves individuals, businesses, associations, churches, nonprofit organizations, financial institutions, and government authorities through 26 branch offices, as well as a lending and operation service facility in Ottawa County, Kent County, and northern Allegan County, Michigan. Macatawa Bank Corporation was founded in 1997 and is headquartered in Holland, Michigan.

    Key Statistics

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    Corporate Governance 
    Macatawa Bank Corp.’s ISS Governance QuickScore as of Mar 1, 2015 is 6. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 7; Compensation: 6.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Ronald L. Haan , 61
    Chief Exec. Officer, Pres, Director, Chairman of Macatawa Bank, Chief Exec. Officer of Macatawa Bank and Pres of Macatawa Bank
    Mr. Jon W. Swets , 49
    Chief Financial Officer, Sr. VP, Sec., Chief Financial Officer of Macatawa Bank and Sr. VP of Macatawa Bank
    Ms. Jill A. Walcott , 48
    Sr. VP, Chief Retail Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank
    Mr. Craig A. Hankinson , 47
    Chief Credit Officer, Sr. VP, Chief Credit Officer of Macatawa Bank and Sr. VP of Macatawa Bank
    Mr. Matthew D. Hoeksema , 43
    Sr. VP, Chief Commercial Banking Officer of Macatawa Bank and Sr. VP of Macatawa Bank
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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