Bank of Michigan

About Bank of Michigan

Bank of Michigan opened on Jan. 10, 2005, to serve individual customers and small- and mid-sized businesses in Oakland, Macomb and Wayne counties with comprehensive banking services.

We pride ourselves on exemplary service, responsiveness and loyalty. Our knowledgeable staff will give you personal, courteous and efficient service every day.

Address: 30095 Northwestern Highway, Farmington Hills, MI

Telephone: (248) 865-1300

Lobby Hours: Monday through Thursday 9 a.m. to 5 p.m. and Friday 9 a.m. to 6 p.m.

Mission Statement:

Bank of Michigan exists to serve the banking needs of entrepreneurs and professionals in southeast Michigan by developing relationships marked by mutual loyalty and respect.

Core Values

  • The Bank prides itself on a set of core values that starts with integrity. Every interaction involving clients, staff, directors and others begins and ends with the goal of creating a relationship founded on integrity.
  • Bank of Michigan has built a strong customer base and now benefits from the loyalty it has earned over the last several years. This loyalty is largely responsible for the bank’s ability to weather the worst financial and economic crisis in over 80 years. Similarly, the bank does not abandon its customers during difficult economic and financial times.
  • Bank of Michigan is a community bank – a charter we do not take lightly. Community is our center core value. As a bank, as a corporate citizen, as employees and directors, we enjoy strong ties to our surrounding communities and the organizations within them. We aim, through our client experiences, to enhance the idea and importance of community.
  • At Bank of Michigan, service means seeing it through to fruition. "It" may be a retail transaction, a loan request, solving a problem or returning a phone call. Responsiveness is our fourth core value. While we may not always have all the answers or be able to deliver good news, you will hear from us in a timely and professional manner.
  • Our core values are designed to foster an environment that facilitates the goals of our clients, staff and investors. It has been a long-standing principle at Bank of Michigan that our success depends on the success of our community. Thus, our final core value is maximizing success for all our stakeholders.

Letter from the President


Bank of Michigan President Michael G. Sarafa

Letter from the President

Welcome to the new Bank of Michigan website. We hope you find it fresh and easy to use. It is our goal to create positive customer experiences for every transaction from internet banking to a personal visit with us at the bank. Our experienced and dedicated team of bankers is ready to offer creative solutions to meet your banking needs.

At Bank of Michigan, we take great pride in our core values: integrity, loyalty, community, responsiveness and maximizing success. We take these principles very seriously. They drive our mission, purpose and values. Our Board of Directors and staff personally stand behind these commitments.

Thank you for visiting us and do not hesitate to contact me if I can assist you in any way.

Michael G. Sarafa, President

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