Honor Bank is a bank based in Honor, Michigan, established in 1917, with $413 million in total assets across 9 branches. By Trust Grade it ranks 19th of 73 banks we track in Michigan. Its capital ratio of 9.9% trails most similarly sized banks (47th percentile), versus a Michigan median of 9.6%. It was profitable over the most recent period, with a 1.43% return on assets. No consumer complaints against Honor Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Honor Bank compares to Michigan peers
How we graded Honor Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.9% capital ratio)
- Strongly profitable (ROA 1.43%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Honor Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (9)
- 1720 Benzie Highway, Benzonia Township, MI 49616
- Maple Avenue And Second Street, Lake Ann Village, MI 49650
- 18075 Cadillac Highway, Copemish, MI 49625
- 117 East Wexford Avenue, Buckley, MI 49620
- 11926 Chippewa Hwy, Bear Lake, MI 49614
- 1112 S Garfield Ave, Traverse City, MI 49686
- 430 S Union St, Traverse City, MI 49684
- 2254 Henry St, Honor, MI 49640
- 430 S Union St, Traverse City, MI 49684
Are deposits at Honor Bank insured?
Yes. Honor Bank is an FDIC-insured bank (FDIC certificate #8165). 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.
Honor Bank: frequently asked questions
Is Honor Bank a good bank?
Honor Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (9.9% capital ratio); Strongly profitable (ROA 1.43%).
Is Honor Bank FDIC-insured?
Yes. Honor Bank is a FDIC-insured bank (FDIC certificate #8165). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Honor Bank?
Honor Bank holds $413 million in total assets, ranking 19th of 73 banks we track in Michigan. It operates 9 branches.
Does Honor Bank have CFPB complaints?
No CFPB complaints against Honor 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.
