Bank of Ann Arbor
Bank of Ann Arbor is a privately held regional bank headquartered in Ann Arbor, Michigan, operating as a subsidiary of Arbor Bancorp Inc. The community bank serves Michigan markets and has grown through acquisitions including Bank of Birmingham and FNBH Bancorp.
- Company typePrivate
- Founded1996
- HeadquartersAnn Arbor, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Bank of Ann Arbor does
Bank of Ann Arbor is a privately held regional bank headquartered in Ann Arbor, Michigan, operating as a subsidiary of Arbor Bancorp Inc., a Michigan-based bank holding company. Founded in 1996, the bank is described as a locally owned and operated community financial institution serving Michigan markets. With 101-250 employees, the bank operates with a horizontal segmentation approach across the regional Michigan market, though no specific product, service, pricing, or technology details are publicly disclosed in the available data.
The bank has pursued a growth strategy centered on inorganic expansion within Michigan. In 2016, it acquired Bank of Birmingham, followed by a December 2016 capital raise of $12.35 million. In August 2021, Arbor Bancorp Inc. announced the acquisition of FNBH Bancorp Inc., the parent company of First National Bank in Howell, in a deal valued at $116.5 million, expanding assets, locations, and service capabilities. The bank is privately held with no public equity listing.
Leadership includes Timothy G. Marshall as President & CEO, Michael Martin as Vice Chairman, and Patti Judson as President & COO. The company operates exclusively within Michigan and is classified as a for-profit private entity. No information on revenue, product mix, technology infrastructure, or customer segments was disclosed in the source data.
Bank of Ann Arbor firmographics
Firmographics- Name
- Bank of Ann Arbor
- Legal name
- Arbor Bancorp Inc.
- Website
- https://bankofannarbor.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Bank of Ann Arbor is a privately held regional bank headquartered in Ann Arbor, Michigan, operating as a subsidiary of Arbor Bancorp Inc. The community bank serves Michigan markets and has grown through acquisitions including Bank of Birmingham and FNBH Bancorp.
- Ownership category
- akta.pro rank
Bank of Ann Arbor industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221), Offices of Bank Holding Companies (551111)
- SIC
- Savings Institutions, Not Federally Chartered (6036)
- akta.pro primary industry
- Mutual Savings Banks & Mutual Thrifts (FSABAEAD)
Keywords
Where Bank of Ann Arbor is headquartered
LocationHeadquarters
- HQ city
- Ann Arbor
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bank of Ann Arbor business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
Bank of Ann Arbor product offering
Product offeringCore offering
Bank of Ann Arbor is a locally owned and operated community bank based in Ann Arbor, Michigan, providing traditional banking services to consumers and businesses in the Michigan market. Operating as a subsidiary of Arbor Bancorp Inc., the bank offers deposit accounts, lending products, and commercial banking services. The institution has expanded its footprint and service capabilities through acquisitions, including the 2021 purchase of FNBH Bancorp Inc. (First National Bank in Howell) for $116.5 million and the 2016 acquisition of Bank of Birmingham.
Product overview
No product or service information available in the provided source data. The source content consists of news articles about the bank's acquisition activity and a webpage that displays only a loading/verification page with no substantive content about products, services, or offerings.
Differentiator
Problem solved
Functional benefit
Products and services
- Consumer Deposit Accounts
- Commercial Lending
- Business Banking Services
Bank of Ann Arbor technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Bank of Ann Arbor partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- First National Bank in Howell (FNBH Bancorp Inc.)coreArbor Bancorp Inc., parent company of Bank of Ann Arbor, announced acquisition of FNBH Bancorp Inc. for $116.5 million. This acquisition expanded Arbor Bancorp's assets, locations, and service capabilities in Michigan. The deal was expected to finalize by the end of 2021.
Scale indicators1 record
Recent moves3 records
Expansion highlights3 records
Bank of Ann Arbor competitors and assessment
Company assessmentDirect peers
- Mercantile Bank Corporation: Michigan-based bank holding company operating Mercantile Bank with retail and commercial banking across the state. Directly comparable to Bank of Ann Arbor as a similarly positioned Michigan community bank holding company pursuing in-state growth.
- Independent Bank Corporation: Michigan-headquartered bank holding company with a statewide branch network and community banking focus. Directly comparable as a Michigan-focused community/regional bank competing in similar geographies and customer segments as Bank of Ann Arbor.
- Level One Bank: Southeast Michigan-based community bank offering commercial and consumer banking with a relationship-driven model. Directly comparable as a similarly sized Michigan community bank competing for SMB and retail deposits in overlapping markets.
- Lake Michigan Credit Union: Michigan-headquartered credit union and one of the largest in the state, providing consumer and business banking across western Michigan. Comparable to Bank of Ann Arbor as a locally rooted Michigan financial institution competing for similar household and SMB relationships, although operating under a credit union charter.
Broad incumbents
- Old National Bancorp: Indiana-based regional bank holding company with a substantial Midwest footprint including Michigan markets. Comparable as a broader incumbent expanding across the Midwest and competing for similar commercial and retail banking relationships in Michigan.
- First Merchants Corporation: Indiana-based regional bank holding company with a Midwest commercial and retail banking franchise including Michigan presence. Comparable as a broader regional competitor with overlapping SMB and middle-market banking services in Michigan.
- Comerica Incorporated: Major US bank holding company with deep historical ties to Detroit and a large Michigan commercial banking franchise. Comparable as a broad incumbent with substantially greater scale competing in Bank of Ann Arbor's core Michigan markets, particularly middle-market and treasury management.
- Huntington Bancshares: Large Ohio-based regional bank holding company with the largest Michigan branch footprint following its TCF Financial merger. Comparable as the dominant broad incumbent in Michigan banking and an active consolidator competing directly with Bank of Ann Arbor in retail, SMB, and middle-market segments.
Market position
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Bank of Ann Arbor social profiles
Digital presenceBank of Ann Arbor financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bank of Ann Arbor leadership team
Management profileNumber of profiles
Bank of Ann Arbor funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bank of Ann Arbor M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bank of Ann Arbor
What does Bank of Ann Arbor do?
Bank of Ann Arbor is a locally owned and operated community bank based in Ann Arbor, Michigan, providing traditional banking services to consumers and businesses in the Michigan market. Operating as a subsidiary of Arbor Bancorp Inc., the bank offers deposit accounts, lending products, and commercial banking services. The institution has expanded its footprint and service capabilities through acquisitions, including the 2021 purchase of FNBH Bancorp Inc. (First National Bank in Howell) for $116.5 million and the 2016 acquisition of Bank of Birmingham.
Is Bank of Ann Arbor a public or private company?
Bank of Ann Arbor is a private company. It is classified as unknown and is currently operating.
When was Bank of Ann Arbor founded?
Bank of Ann Arbor was founded in 1996. It employs 101 to 250 people.
Where is Bank of Ann Arbor based?
Bank of Ann Arbor is headquartered in Ann Arbor, United States, in the North America region.
Who are Bank of Ann Arbor's main competitors?
Direct peers on record are Mercantile Bank Corporation, Independent Bank Corporation, Level One Bank and Lake Michigan Credit Union. Broad incumbents are Old National Bancorp, First Merchants Corporation, Comerica Incorporated and Huntington Bancshares.
Does Bank of Ann Arbor have an API?
No public API is recorded for Bank of Ann Arbor.
What industry is Bank of Ann Arbor in?
Bank of Ann Arbor's product category is Community Banking. Its primary akta.pro industry code is FSABAEAD, Mutual Savings Banks & Mutual Thrifts. Its NAICS code is 5221 and its SIC code is 6036.