Huron Community Bank

What Huron Community Bank does

Huron Community Bank is a privately held, FDIC-insured community bank founded in 1927 and headquartered in East Tawas, Michigan, with a second presence in West Branch, MI. It is community-owned since 1989 and serves personal and small-to-medium business customers across northern Michigan with a horizontally-segmented product set spanning personal checking, savings, money market, CDs and IRAs, personal loans, mortgages, home equity, and credit cards, plus a parallel suite of business checking, savings, money market, CDs, business loans, treasury management, and the Tap2Local merchant payment service. Agricultural lending is a promoted niche vertical on the bank's homepage.

The bank's technology stack consists of a conventional digital banking platform with online and mobile access, VeriSign SSL encryption at 128-bit, router-based firewall architecture, native iOS and Android apps, Remote Deposit Capture (via ProfitStars), eStatements, and 24/7 telephone banking. It maintains an NMLS license (#433925) for mortgage origination and an affiliate subsidiary, Huron Community Financial Services, Inc., for adjacent financial services. Distribution is multi-channel: physical branches, a regional ATM network (including NYCE and Mastercard surcharges), telephone banking, web, and mobile.

The revenue model is standard for a community bank — net interest income on deposits and loans (mortgage, personal, business, agricultural, home equity), plus non-interest income from treasury management, merchant services (Tap2Local), safe deposit boxes, and card interchange. Pricing is not publicly disclosed. Customer segments are split between individual consumers (Personal Banking) and SMBs/agricultural businesses (Business Banking), with no named enterprise anchors and a horizontally diversified retail deposit base.

Name

Huron Community Bank

Legal name

Huron Community Bank

Website

https://bankhcb.com

Company type

Private

Founded year

1927

Operating status

Operating

Headcount range

11–50 employees

Short description

Huron Community Bank is a privately held, FDIC-insured community bank founded in 1927 in East Tawas, Michigan, serving personal and small-to-medium business customers across northern Michigan with deposit products, consumer and commercial loans, mortgages, and digital banking.

Ownership category

akta.pro rank

Product category

Community Retail Banking

NAICS

Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Mutual Savings Banks & Mutual Thrifts (FSABAEAD)

Keywords

• Retail banking services
• Community banking
• Commercial lending
• Mortgage loans
• Digital banking platforms

Headquarters

HQ city

East Tawas

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels5 records

Marketing channels4 records

Core offering

Huron Community Bank provides FDIC-insured personal and business banking products including checking, savings, money market, CDs, IRAs, credit cards, mortgage loans, home equity, personal and business loans (including agriculture loans), treasury management, Tap2Local payment acceptance, and digital banking via online, mobile, and 24/7 telephone channels. It also offers ancillary services such as debit and credit cards, safe deposit boxes, check ordering, eStatements, and financial calculators, serving consumers and small-to-mid businesses in Michigan.

Product overview

Huron Community Bank offers a comprehensive suite of community banking products and services. The bank's core offerings span personal banking (checking, savings, money market, CDs & IRAs, credit cards, personal loans, mortgage loans, and home equity) and business banking (checking, savings, money market, CDs, credit cards, business loans, treasury management, and Tap2Local). Digital banking services including online/mobile banking, telephone banking, and eStatements complement traditional branch services. Additional offerings include debit and credit cards, check ordering, safe deposit boxes, cyber security resources, and financial calculators.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts Personal checking accounts with free online banking and bill pay services for individual banking customers.
• Personal Savings Accounts Personal savings accounts designed to help individual customers grow their money over time.
• Personal Money Market Money market accounts offering competitive rates for personal banking customers.
• CDs & IRAs Certificates of Deposit and Individual Retirement Accounts providing secure, predictable savings growth for personal customers.
• Personal Credit Cards Personal credit card products for personal spending and purchasing needs.
• Personal Loans Personal loans offering competitive rates and flexible terms for various consumer financial needs.
• Mortgage Loans Mortgage products to help customers purchase or refinance their homes.
• Home Equity Home equity lending products allowing customers to leverage their home ownership.
• Business Checking Accounts Business checking accounts designed as tools to streamline finances, optimize cash flow, and drive growth for small and mid-sized businesses.
• Business Savings Accounts Savings accounts tailored for business financial management.
• Business Money Market Money market accounts for business customers with competitive rate options.
• Business CDs Business certificate of deposit products for secure business savings.
• Business Credit Card Credit card products designed for business spending and expense management.
• Business Loans Business lending solutions including agriculture loans to fuel business success with flexible options.
• Treasury Management Treasury management services for business financial operations.
• Tap2Local Business banking service enabling local payment acceptance for merchants.
• Online & Mobile Banking Digital banking platform enabling customers to bank anywhere, anytime with account access, Remote Deposit Capture, and bill pay, accessible via web and native iOS/Android apps.
• Telephone Banking 24/7 telephone banking system allowing account information access anytime, anywhere.
• eStatements Electronic statement delivery service for customer account documentation.
• Safe Deposit Boxes Secure storage rental service for valuables and important documents.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Mercantile Bank Corporation: Michigan-based commercial and retail bank providing similar deposit, lending, treasury management, and mortgage products. Comparable in target market and full-service community banking model.
• Isabella Bank: Michigan community bank with personal and business banking, mortgage, and ag lending focus. Closely comparable geographic footprint (rural Michigan) and product breadth relative to HCB.
• Independent Bank (Michigan): Michigan-headquartered community bank offering personal and business banking, mortgages, and ag lending across similar Midwest markets. Directly comparable in product mix, customer segments, and community-banking positioning, though materially larger in scale.

Direct peers

• Shelby State Bank: Small-town Michigan community bank offering personal and business deposit products, loans, and digital banking. Closely comparable in scale, regional focus, and traditional community banking value proposition.
• Lake-Osceola State Bank: Michigan community bank operating in rural markets with personal/business banking, mortgages, and ag lending. Highly comparable in scale, customer base, and traditional community banking model.
• First National Bank of Michigan: Small community bank in Michigan offering personal checking/savings, mortgages, business loans, and digital banking. Directly comparable in product offerings and geographic focus.
• County National Bank (Michigan): Small community bank serving Michigan markets with similar personal and business banking offerings. Comparable scale and product mix targeting similar local customer base.
• Huron Valley State Bank: Michigan-based community bank with deposits, consumer lending, mortgages, and commercial banking. Comparable in regional Michigan focus and full-service community positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Huron-Community-Bank-154471497922725
• LinkedInlinkedin.com/company/huron-community-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Huron Community Bank