United Bank of Michigan

United Bank of Michigan is a community bank in Grand Rapids that lends on commercial real estate in West Michigan. It finances office buildings, commercial and residential investment property, retail, warehouse, light industrial, factory buildings and apartments.

Loans are written for both owner-occupied and non-owner-occupied developments, at fixed or floating interest rates, with amortization up to 20 years and 5, 7 and 10 year balloon periods. An application starts with a conversation with one of the bank's lenders, who discusses the business and its goals and then walks the borrower through the documentation the bank needs.

Beyond commercial lending, the bank offers business and personal deposit accounts, loans and credit cards, health savings accounts, financing to buy land, build or remodel, and wealth management delivered through a partnership with Ameriprise Financial. The bank discloses that it is not an investment client of Ameriprise but has a revenue sharing relationship that creates a conflict of interest.

Its main office is at 900 East Paris Ave SE in Grand Rapids. Loan minimums, recourse terms and cash-out policies are not published.