Featured Savings Rates
Featured Accounts

Northpointe Bank

Popular Accounts at this Bank

5.00%Reward CheckingUltimate Checking
1.90%5-year CD60+ Month CD
1.75%3-year CD36 - 47 Month CD

Overview / Commentary
3333 Deposit Drive NE
Grand Rapids, MI 49546

Northpointe Bank is headquartered in Grand Rapids and is the 15th largest bank in the state of Michigan. It is also the 1,070th largest bank in the nation. It was established in 1999 and as of June of 2017, it had grown to 389 employees at 1 location. Northpointe Bank's savings rates are 2X the national average, and it has an A health rating.

Related Posts

NorthPointe Notifies Customers of New Ultimate Checking Requirement - 6/13/2017

A reader forwarded me an email he received from Northpointe Bank which describes the new requirement that is scheduled to take effect in July.

Update To Your Ultimateaccount - 6/13/2017

Yesterday I got update : Effective Monday, July 17, 2017, the following updates take effect on all Northpointe Bank Ultimate Checking Accounts: Purpose and Expected Use of Ultimate Checking Account The Ultimate Checking account is intended to be the accountholder’s primary checking account in which payroll transactions and day-to-day spending activities including but not limited to grocery, gasoline, apparel, shopping, dining, sporting and entertainment transactions are posted and settled. We expect the account’s debit card to be used frequently throughout each month and for transaction amounts to reflect a wide dollar range. Small debit card transactions conducted on the same day at a single merchant and/or multiple transactions made during a condensed period of time, particularly near the end of a statement cycle are not considered normal, day-to-day spending behavior. These types of behaviors appear to be conducted with the sole purposes of qualifying for the account’s rewards,

Northpointe Bank Adds Nationally Available 15-Month CD Special - 6/8/2017

Northpointe Bank recently unveiled a nationally available 15-month CD Special (1.50% APY). The minimum deposit is $1k, with no stated balance cap.

View all posts from:

Great Bank! 5% Rebate Well Worth It.

Posted by: jcchan08 | Sep 4, 2017

I've had this account for just over 4 months now and have it has returned back a consistent 4.7 to 4.9% dependent on how much you have in the account. I direct deposit $100 per pay period into this account, signed up with e-statements and spend on this account 15 to 17 times per month to qualify for the cash back. I did not change my spending habits as I still purchase lunch at work, groceries, gas etc. I didn't read too much into the contract but I assume that I will be paying taxes on the cash back.

Works Fine For Me.

Posted by: RLunder | Sep 7, 2017

I use Northpointe's Ultimate Checking account as my main checking account. I was a bit skeptical when I got the email stating that they had the right to close my account if they thought I was just trying to get the interest rate. I guess that's their reply to the Fed now longer allowing banks to require minimum amounts for Debit Transactions. I knew I would not have any problem meeting the 15 debit card uses to qualify.
I would give them 5 stars, but the email I received after I opened my account is a bit unethical, and they also dragged their feet in depositing some Mobile Deposit checks...but that has now improved. Now most Mobile Deposits hit my account within 1-2 business days.

5% APY Ultimate Checking Account

Bad advertising.
1. It's not actually 5%, it's 4.88%
2. There's a $3 fee to transfer money to other accounts.
3. There's a transfer limit of $2,000

Customer service might answer your email within 24 hours, might not. They might answer your question, or they might give you a ridiculously vague answer.

This Bank Should Get 0 Stars!

Posted by: lmao | Jun 27, 2017

DO NOT open this account. NorthPointe is not being honest with customers. Their advertised criteria to earn 5% on balances up to $10,000:
1) Make 15 or more debit card purchases each month.
2) Enroll in eStatements
3) Set up direct deposit OR automatic withdrawal of $100+ per statement period.
So, if you meet these 3 criteria, you should receive the 5% APR, right? WRONG. AFTER you have opened the account and made the qualifying transactions, you will receive an "automated" e-mail from NorthPointe that basically says:
"Northpointe Bank reserves the right to determine if the account is being maintained for a purpose other than primary, day-to-day use".
They will not tell you this when you open the account, but when time comes to pay up, they will say your transaction don't qualify. They're a bunch of crooks. Go with better name banks that actually care about reputational risk.



Health Grade Components

FDIC Certificate #34953
Year Established1999
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.67%
Return on Equity - YTD17.26%
Annual Interest Income$13.6MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$694.0MM$547.1MM
LoansQ2 2017vs Q2 2016$588.3MM$469.0MM
DepositsQ2 2017vs Q2 2016$544.7MM$427.8MM
Equity CapitalQ2 2017vs Q2 2016$63.0MM$47.6MM
Loan Loss AllowanceQ2 2017vs Q2 2016$3.6MM$3.9MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$2.2MM$2.7MM
Real Estate OwnedQ2 2017vs Q2 2016$964.00K$642.00K
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Northpointe Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Northpointe Bank Savings Account Rates

1.50%*-$1kKid's Savings
OTHER TIERS: 0.15% $1k+
1.12%--Statement Savings
0.50%*$100k*-Liquid IRA Account
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k | 0.40% $25k - $100k
0.50%--Health Savings Account

Northpointe Bank Money Market Rates

0.50%*$100k*-Liquid Money Market
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k | 0.40% $25k - $100k
0.50%*$100k*-Business Money Market Account
OTHER TIERS: 0.20% Up to $2,500 | 0.25% $2,500 - $25k | 0.40% $25k - $100k

Northpointe Bank Checking Account Rates

5.00%*-$10kUltimate Checking
OTHER TIERS: 0.10% $10k+
0.30%*$100k*-Interest Checking
OTHER TIERS: 0.15% $2,500 - $25k | 0.25% $25k - $100k
0.10%--Business Now

Northpointe Bank CD Rates

1.90%$1k-60+ Month CD
1.85%$1k-48 - 59 Month CD
1.75%$1k-36 - 47 Month CD
1.65%$1k-24 - 29 Month CD
1.65%$1k-30 - 35 Month CD
1.60%$1k-18 - 23 Month CD
1.60%$1k-15 Months CD Special
1.50%$1k-12 - 17 Month CD
1.50%$1k-12 Month CD Special
1.00%$1k-6 - 11 Month CD
0.90%$1k-92 - 182 Day CD
0.30%$1k-7 - 91 Day CD

Northpointe Bank IRA Rates

1.90%$500-60+ Month Fixed IRA
1.85%$500-48 - 59 Month Fixed IRA
1.75%$500-36 - 47 Month Fixed IRA
1.65%$500-24 - 29 Month Fixed IRA
1.65%$500-30 - 35 Month Fixed IRA
1.60%$500-18 - 23 Month Fixed IRA
1.60%$500-15 Month IRA Special
1.50%$500-12 - 17 Month Fixed IRA
1.50%$500-12 Month IRA Special
1.00%$500-6 - 11 Month Fixed IRA
0.90%$500-92-182 Day Fixed IRA
0.30%$500-7-91 Day Fixed IRA

Northpointe Bank Locations
Northpointe Bank3333 Deposit Drive NeGrand Rapids, MI 49546