Mi Bank is a bank based in Bloomfield Township, Michigan, established in 2019, with $257 million in total assets across 1 branch. By Trust Grade it ranks 48th of 73 banks we track in Michigan. Its capital ratio of 8.7% trails most similarly sized banks (24th percentile), versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 0.97% return on assets. No consumer complaints against Mi Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mi Bank compares to Michigan peers
How we graded Mi Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.7% capital ratio)
- Profitable (ROA 0.97%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mi Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (1)
- 3707 W Maple Rd, Bloomfield Township, MI 48301
Are deposits at Mi Bank insured?
Yes. Mi Bank is an FDIC-insured bank (FDIC certificate #59138). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Mi Bank: frequently asked questions
Is Mi Bank a good bank?
Mi Bank earns a Bankzia Trust Grade of A (93/100, "Excellent"), based on a financial-strength score of 93/100 (it has no CFPB complaints on record). Well-capitalized (8.7% capital ratio); Profitable (ROA 0.97%).
Is Mi Bank FDIC-insured?
Yes. Mi Bank is a FDIC-insured bank (FDIC certificate #59138). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Mi Bank?
Mi Bank holds $257 million in total assets, ranking 48th of 73 banks we track in Michigan. It operates 1 branch.
Does Mi Bank have CFPB complaints?
No CFPB complaints against Mi Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
