IBCP - Independent Bank Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Independent Bank Corporation

4200 East Beltline
Grand Rapids, MI 49525
United States

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees830

Key Executives

NameTitlePayExercisedYear Born
Mr. William Bradford Kessel CPAPres, CEO & Director870.32k17.51k1964
Mr. Robert N. Shuster CPA, CPAExec. VP, CFO & Corp. Sec.455.44k16.33k1958
Ms. Stefanie M. KimballExec. VP & Chief Risk Officer442.22k15.69k1960
Mr. Patrick J. ErvinExec. VP of Mortgage Banking400.33kN/A1966
Mr. Dennis James MackExec. VP & Chief Lending OfficerN/AN/A1962
Amounts are as of December 31, 2018 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.


Independent Bank Corporation operates as the holding company for Independent Bank that provides various banking services to individuals and businesses in Michigan. The company offers checking and savings accounts, commercial lending, direct and indirect consumer financing, mortgage lending, and safe deposit box services, as well as automatic teller machines, and Internet and mobile banking services. It also provides title insurance, investment, and insurance brokerage services. The company offers its services through approximately 67 branches, 1 drive-thru facility, and 12 loan production offices. Independent Bank Corporation was founded in 1864 and is based in Grand Rapids, Michigan.

Corporate Governance

Independent Bank Corporation’s ISS Governance QualityScore as of October 4, 2019 is 3. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 5; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.