Northpointe Bank Recognized as a Top-Performing Community Bank in the Nation by the Independent Community Bankers of America®
GRAND RAPIDS, Mich., May 28, 2020 /PRNewswire/ -- Northpointe Bank is honored to be named a top-performing bank in the nation by the Independent Community Bankers of America® (ICBA). The ICBA compiled this year's rankings to recognize community banks that focus on efficiency and personal service to build strong, lasting relationships consistently year after year. This took into account FDIC data for return-on-assets figures from 2017, 2018 and 2019, with 2019 carrying the most weight.
"We are very pleased to receive ICBA's top-performing bank recognition once again this year," said Chuck Williams, Northpointe Bank President & CEO. "Being one of the strongest banks in the nation allows us to reinvest more local dollars into the community and create new jobs."
This is the seventh year Northpointe Bank has been named as a top-performing community bank out of approximately 5,000 ICBA member banks. Northpointe attributes its consistent success by a client-first approach with its residential lending and retail banking businesses. Its customers are offered more loan products, including zero down payment loans, new construction lending and personalized portfolio loans. Northpointe's strong financial performance is also attributed to offering high-yielding savings accounts that are among the best rates in the nation*
Northpointe Bank is nimble with new technologies that result in a faster, simpler experience for its customers. Last year, the bank introduced Home, Northpointe's industry-leading mobile web app that allows clients to submit an online loan application, chat with their personal loan officer, upload and e-sign documents, as well as make their loan payments all from a single secure login.
About Northpointe Bank:
Northpointe Bank, headquartered in Grand Rapids, Michigan, is a client-focused company that provides home loans and retail banking products to communities across the nation. Our mission is to be the best bank in America by bringing value and innovation to the people we serve. For each of the past six years, Independent Community Bankers of America® has ranked Northpointe Bank as a top-performing bank in the nation out of approximately 5,000 ICBA member banks. Learn more about Northpointe Bank at: www.northpointe.com. Member FDIC – Equal Housing Lender.
Contact:
Michael J. Winks, President, Lending & Retail Banking
(616) 974-8406 [email protected]
* - Source: For the past three years, Northpointe Bank's savings rate is consistently higher than the national average savings rate on balances $5,000 - $2,000,000 based on quarterly rate surveys extracted by NCUA from S&P Global Market Intelligence databases dating back to January 2017.
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SOURCE Northpointe Bank
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