Macatawa Bank Corp.
10753 Macatawa Drive
Holland,
MI 49424
United States - Map
Phone: 616-820-1444
Fax: 616-748-9616
Web Site: http://www.macatawabank.com
| Macatawa Bank Corporation operates as the holding company for Macatawa Bank, which provides various commercial and personal banking services. Its deposit products include checking accounts, savings accounts, NOW accounts, time deposits, money market savings accounts, certificates of deposit, and interest and noninterest bearing demand accounts. The company’s loan portfolio comprises residential real estate, multifamily and commercial real estate, construction and development, and commercial business loans, as well as consumer loans, including 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, traveler’s checks, money orders, trust services, automated teller machines, Internet and telephone banking, and debit cards. In addition, Macatawa Bank provides personal trust services, including financial planning, investment management, trust and estate administration, and custodial services; and retirement plan services, including provision of various qualified retirement plans, such as profit sharing, 401(k)s, and pension plans. Further, the company offers brokerage services, including discount brokerage, personal financial planning, and consultation regarding mutual funds. As of December 31, 2007, it operated 26 branch offices, and a lending and operational service facility in Kent County, Ottawa County, and northern Allegan County, Michigan. Macatawa Bank Corporation was founded in 1997 and is headquartered in Holland, Michigan. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Benj. A. Smith III, 64
Founder, Chairman, Chief Exec. Officer, Chairman of Compensation Committee of Macatawa Bank |
$
260.00K |
$
418.00K | Mr. Philip J. Koning , 53
Pres, Sec., Treasurer, Director, Chairman of Macatawa Bank, Chief Exec. Officer of Macatawa Bank and Pres of Macatawa Bank |
N/A
| N/A | Mr. Jon W. Swets , 42
Chief Financial Officer, Principal Accounting Officer, Sr. VP, Chief Financial Officer of Macatawa Bank and Sr. VP of Macatawa Bank |
N/A
| N/A | Mr. Ronald L. Haan , 54
Exec. VP of Macatawa Bank |
N/A
| N/A | Mr. Ray D. Tooker , 64
Adviser |
N/A
| N/A |
|
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Dollar amounts are as of
31-Dec-07
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.
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