Independent Bank

Headquarters: Grand Rapids, Michigan
Charter: Bank
Assets: $5.7B
Fed district: Chicago

12 published fees; none has a market median to compare yet.

Source: its fee schedule, read Oct 23, 2026.

Explore Hamilton View published fees

Fees against the market

Comparison with U.S. medians for fees published by banks and credit unions.

Monthly Maintenance
Compared at $6.50, the middle of its prices
Independent Bank: $3 to $10
Independent Bank: $3 to $10
U.S. median: no median
Overdraft (OD)
Independent Bank: $34
Independent Bank: $34
U.S. median: no median
Non-Network ATM
Independent Bank: $3.50
Independent Bank: $3.50
U.S. median: no median

A blank median means fewer than 5 publish the fee.

Published schedulesBanks and credit unionsRead Oct 23, 2026View sources

Each amount links to the fee schedule it was read from. Medians for Michigan, the Chicago district and the U.S.: Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

Compared at: The value this page compares: its one price, or the middle of its prices when it lists several (the highest, its standard fee, for overdraft).
Same rules: Its fees and every median use the same rules. Business-only fees are left out. So are CD, IRA, card inactivity, box drilling and key fees filed under a fee they don’t match, and fees charged by a different period than the median (a quarterly fee beside monthly ones).
Michigan: Banks and credit unions headquartered in Michigan that publish the fee.
Chicago district: Banks and credit unions headquartered in the Chicago Fed district that publish the fee.
U.S.: Banks and credit unions across the Bank Fee Index that publish the fee.
About the same: Within 1% of the median.
Account: Fees not tied to a named account apply across its personal accounts.

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Published fee schedule

Amounts from Independent Bank’s own schedules, with a source for each figure.

Account Maintenance

Monthly fee$10
per month
Service charge$3
per month
Account inactivity fee$10
Account Research (per hour, 1 hour minimum)$25
Not compared: Charged per hour; comparison unavailable
per hour
Reconcile Bank Statement (per hour, 1 hour minimum)$25
Not compared: Charged per hour; comparison unavailable
per hour

Overdraft & NSF

Overdraft or Returned Item fee (per item)+$34
per item
Continuous Overdraft$6
per day

ATM & Card

Foreign ATM transactions+$3.50
International transaction2%of the transaction

Wire Transfers

Wire transfers: Outgoing (customer)$25
Wire transfers: Incoming (customer)$15

Check Services

Independent Bank checks - Non-Customers (over $50)$10
Official check$7
Money Order$4
Stop payment+$34

Account Services

Drilled box fee$262.50
Not compared: Box drilling or key fee
Late payment fee (per month)$15
Not compared: Monthly charge, not annual
per month
Lost key fee$25
Not compared: Box drilling or key fee
Garnishment/Levies$100
Verification of deposit (if requested for a non-IB loan)$15

Fee	Amount	Basis	Note
Account Maintenance
Monthly fee	$10	per month	None
Service charge	$3	per month	None
Account inactivity fee	$10	Not stated	None
Account Research (per hour, 1 hour minimum)	$25Not compared: Charged per hour; comparison unavailable	per hour	None
Reconcile Bank Statement (per hour, 1 hour minimum)	$25Not compared: Charged per hour; comparison unavailable	per hour	None
Overdraft & NSF
Overdraft or Returned Item fee (per item)+	$34	per item	None
Continuous Overdraft	$6	per day	None
ATM & Card
Foreign ATM transactions+	$3.50	Not stated	None
International transaction	2%of the transaction	Not stated	None
Wire Transfers
Wire transfers: Outgoing (customer)	$25	Not stated	None
Wire transfers: Incoming (customer)	$15	Not stated	None
Check Services
Independent Bank checks - Non-Customers (over $50)	$10	Not stated	None
Official check	$7	Not stated	None
Money Order	$4	Not stated	None
Stop payment+	$34	Not stated	None
Account Services
Drilled box fee	$262.50Not compared: Box drilling or key fee	Not stated	None
Late payment fee (per month)	$15Not compared: Monthly charge, not annual	per month	None
Lost key fee	$25Not compared: Box drilling or key fee	Not stated	None
Garnishment/Levies	$100	Not stated	None
Verification of deposit (if requested for a non-IB loan)	$15	Not stated	None

Correct a fee source

Oct 23, 2026 data snapshot. Each amount links to its fee schedule. The U.S. comparison is the middle 50% of Bank Fee Index published fees, shown where at least 5 institutions publish the fee.

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