Federal Reserve Approves Isabella Bank’s Acquisition of Grand River Bank

The Federal Reserve Board has approved the acquisition of Grand River Commerce, Inc. by Isabella Bank Corporation, based in Mount Pleasant, Michigan. This move will allow Isabella Bank to indirectly take over Grand River Bank, located in Grandville, Michigan.

The Federal Reserve also granted permission for Isabella Bank to merge with Grand River Bank and establish branches at Grand River Bank’s existing locations.

This decision marks a significant expansion for Isabella Bank, allowing it to strengthen its presence in Michigan through the integration of Grand River Bank’s operations.