Mackinac Financial Overview
- Year Founded
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1934
- Status
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Acquired/Merged
- Employees
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315
- Latest Deal Type
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M&A
- Financing Rounds
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2
- Investments
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5
Mackinac Financial General Information
Description
Mackinac Financial Corp is a bank holding company. It is engaged in the business of retail and commercial banking. Its products and services include checking and savings accounts, time deposits, interest-bearing transaction accounts, safe deposit facilities, commercial and governmental lease financing and direct, indirect consumer financing, commercial lending, treasury management products, services for small to mid-sized businesses as well as full array of personal and business deposit products and consumer loans. It earns revenue from loans, investments and other interest-bearing assets.
Contact Information
Website
www.bankmbank.comCorporate Office
- Post Office Box 369
- Manistique, MI 49854
- United States
Corporate Office
- Post Office Box 369
- Manistique, MI 49854
- United States
Mackinac Financial Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Mackinac Financial Comparisons
Industry
Financing
Details
Mackinac Financial Competitors (1)
One of Mackinac Financial’s competitors is First Bancshares, a Corporate Backed or Acquired company based in Hattiesburg, MS.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| First Bancshares | Corporate Backed or Acquired | Hattiesburg, MS |
Mackinac Financial Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Mackinac Financial Acquisitions (5)
Mackinac Financial’s most recent deal was a Merger/Acquisition with Lincoln Community Bank for . The deal was made on 01-Oct-2018.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Lincoln Community Bank | 01-Oct-2018 | Merger/Acquisition | Regional Banks | ||
| First Federal Of Northern Michigan Bancorp | 18-May-2018 | Merger/Acquisition | Holding Companies | ||
| First National Bank Of Niagara | 31-Aug-2016 | Merger/Acquisition | Regional Banks | ||
| First National Bank Of Eagle River | 29-Apr-2016 | Merger/Acquisition | Regional Banks | ||
| Peninsula Financial | 05-Dec-2014 | Merger/Acquisition | Other Capital Markets/Institutions |
Mackinac Financial FAQs
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When was Mackinac Financial founded?
Mackinac Financial was founded in 1934.
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Where is Mackinac Financial headquartered?
Mackinac Financial is headquartered in Manistique, MI.
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What is the size of Mackinac Financial?
Mackinac Financial has 315 total employees.
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What industry is Mackinac Financial in?
Mackinac Financial’s primary industry is Regional Banks.
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Is Mackinac Financial a private or public company?
Mackinac Financial is a Private company.
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What is the current valuation of Mackinac Financial?
The current valuation of Mackinac Financial is .
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What is Mackinac Financial’s current revenue?
The current revenue for Mackinac Financial is .
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Who are Mackinac Financial’s competitors?
First Bancshares is a competitor of Mackinac Financial.
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When was Mackinac Financial acquired?
Mackinac Financial was acquired on 03-Sep-2021.
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Who acquired Mackinac Financial?
Mackinac Financial was acquired by Nicolet National Bank.
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