MFNC - Mackinac Financial Corporation

NasdaqCM - NasdaqCM Real Time Price. Currency in USD

Mackinac Financial Corporation

130 South Cedar Street
Manistique, MI 49854
United States

IndustryRegional - Southwest Banks
Full Time Employees222

Key Executives

Mr. Paul D. TobiasChairman, Chief Exec. Officer and Chairman of mBank387.33kN/A66
Mr. Kelly W. GeorgePres, Director, Chief Exec. Officer of mBank, Pres of mBank and Director of mBank391.79kN/A49
Mr. Jesse A. DeeringCFO, Exec. VP, CFO of mBank and Exec. VP of mBank226.44kN/A37
Mr. Jeremy W. FlodinSVP and Sr. Credit Admin/Credit Risk AnalystN/AN/AN/A
Ms. Jennifer A. StempkiSr. VP, Controller, Sr. VP of mBank and Controller of mBankN/AN/AN/A
Amounts are as of December 31, 2016 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.


Mackinac Financial Corporation operates as the holding company for mBank that provides commercial and retail banking products and services in the United States. It offers interest bearing and non-interest bearing deposit products, including commercial and retail checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts, regular interest-bearing statement savings accounts, time deposits, and certificates of deposit. The company also provides consumer loan products, such as installment, mortgages, and home equity loans, as well as residential mortgage loans, commercial and governmental lease financing, and direct and indirect consumer financing. In addition, it offers safe deposit facilities. The company operates 12 branch offices in the Upper Peninsula of Michigan, 4 branch offices in Michigan’s Lower Peninsula, and 7 branches in Wisconsin; and 25 automated teller machines. The company was formerly known as North Country Financial Corporation and changed its name to Mackinac Financial Corporation in December 2004. Mackinac Financial Corporation was incorporated in 1974 and is headquartered in Manistique, Michigan.

Corporate Governance

Mackinac Financial Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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.