US Bank Directory
Banks in Elk Rapids, MI
3 FDIC-insured banks operate 3 offices in Elk Rapids, Michigan.
Source: FDIC BankFind, data as of September 5, 2026; hours checked October 10, 2026.
Bank branch map: Elk Rapids
Banks sit at the coordinates in their FDIC record; credit union offices at their NCUA address, located with the U.S. Census Bureau Geocoder. Point at a marker for today's hours, tap it for the address, directions and the bank's site.
Short answer: 3 banks and credit unions operate 3 locations in Elk Rapids, according to the FDIC. 3 of them have coordinates on record and are on the map. 2 publish opening hours.
Branches: FDIC, NCUA. Streets: loading.
3 locations on the map
Tap a cluster to zoom in
Positions are the regulators' own coordinates, or the Census Geocoder's point for the address, and can sit a few hundred feet from the door. Streets, buildings and parks come from OpenStreetMap through OpenFreeMap, with every street named as you zoom in; if that map cannot load, a simpler map drawn from the Census Bureau's TIGER/Line files takes its place. ATMs will follow with the Overture Maps import.
All banks in Elk Rapids
Sorted by number of local branches. Each branch shows where its hours and phone number come from.
Short answer: Fifth Third Bank, Huntington and Alden State Bank have the most locations in Elk Rapids, with 1 each. 3 banks have a single office in the city. Open any bank to see each address, today's hours where the bank publishes them and the phone number.
Alden State Bank Bank · 1
Alden State Bank has 1 branch in Elk Rapids, 4 across Michigan and 4 nationwide. FDIC records list its main office in Alden, MI and show it operating since 1934. With $318.4 million in total assets on June 30, 2026, it ranks No. 2,392 of 4,232 U.S. banks by total assets. The Elk Rapids Branch at 300 Ames St dates to 1992 in FDIC branch records. It does not publish hours in the sources this page uses; check its site before you go.
-
Elk Rapids Branch300 Ames St, 49629
Fifth Third Bank Bank · 1
Fifth Third Bank has 1 branch in Elk Rapids, 308 across Michigan and 1,508 nationwide. FDIC records list its main office in Cincinnati, OH and show it operating since 1865. With $299.18 billion in total assets on June 30, 2026, it ranks No. 14 of 4,232 U.S. banks by total assets. The Elk Rapids Branch at 120 Ames St dates to 1967 in FDIC branch records. It opens on Saturday.
-
Elk Rapids Branch120 Ames St, 49629
All hours
Mon closed; Tue to Thu 9 am to 5 pm; Fri 9 am to 5:30 pm; Sat 9 am to 12 pm; Sun closed
Hours: Fifth Third Bank branch locator (All The Places), checked Oct 10, 2026
Huntington Bank · 1
Huntington has 1 branch in Elk Rapids, 447 across Michigan and 1,477 nationwide. FDIC records list its main office in Columbus, OH and show it operating since 1866. With $283.07 billion in total assets on June 30, 2026, it ranks No. 15 of 4,232 U.S. banks by total assets. The Elk Rapids Branch at 97 River Street dates to 1978 in FDIC branch records. Its published hours do not list Saturday.
-
Elk Rapids Branch97 River Street, 49629
All hours
Mon to Fri 9 am to 5 pm; Sat to Sun not published
Hours: Huntington branch locator (All The Places), checked Oct 10, 2026
Banking in Elk Rapids: the local picture
Short answer: 3 banks run 3 branches in Elk Rapids according to the FDIC. A population estimate for this place is not available from the Census Bureau, so branches per resident are not shown.
Of the 3 banks, 0 have their main office in Elk Rapids, 1 elsewhere in Michigan and 2 out of state, according to the FDIC.
The bank with the longest record here is Fifth Third Bank, operating since 1865 according to the FDIC. In FDIC branch records, the longest-running branch is Fifth Third Bank's office at 120 Ames St, dating to 1967; the newest is Alden State Bank's at 300 Ames St, from 1992.
Of the 2 locations with published hours. 1 opens on Saturday. 1 location has no published hours in these sources.
Banks open on Saturday in Elk Rapids
Short answer: 1 of the 2 Elk Rapids locations with published hours opens on Saturday, run by 1 institution.
- Fifth Third Bank: 1 of 1 branch (120 Ames St: Saturday 9 am to 12 pm)
Bank branches show hours only where the bank publishes them in a source this page uses; 1 of the 3 locations here have no published hours yet. The source and date sit under each office. Banks and credit unions often close on Federal Reserve holidays; call ahead.
Chase, Bank of America and other national banks
Which big national banks have branches in Elk Rapids, and where the nearest one is if they do not.
Short answer: In Elk Rapids: Fifth Third Bank (1), Huntington (1). No branches in Elk Rapids: Chase (nearest in Traverse City, 14 mi), Wells Fargo (nearest in Birmingham, 197 mi), Bank of America (nearest in Grand Rapids, 131 mi), PNC Bank (nearest in Traverse City, 14 mi), U.S. Bank, Truist, Regions Bank, TD Bank, BMO.
| Bank | In Elk Rapids | Nearest branch if none here |
|---|---|---|
| Fifth Third Bank | 1 branch | here |
| Huntington | 1 branch | here |
| Chase | None | Traverse City, 14 miles away |
| Wells Fargo | None | Birmingham, 197 miles away |
| Bank of America | None | Grand Rapids, 131 miles away |
| PNC Bank | None | Traverse City, 14 miles away |
| U.S. Bank | None | none in Michigan |
| Truist | None | none in Michigan |
| Regions Bank | None | none in Michigan |
| TD Bank | None | none in Michigan |
| BMO | None | none in Michigan |
Branch counts from FDIC BankFind as of September 5, 2026. Distances are straight-line miles from the center of Elk Rapids to the nearest branch in Michigan.
What your savings could earn
National benchmarks and the best published offers, from the Banrox Bank Rates tracker. Enter your own balance and rate to compare.
Short answer: At the national average savings rate of 0.38%, $10,000 kept in savings for a year earns about $38. The best published savings rate in the tracker, 3.75% at CIT Bank, earns about $375. The national average 12-month CD pays 1.71%.
| Offer | Bank | APY | Term | Minimum |
|---|---|---|---|---|
| Savings | CIT Bank | 3.75% | none | $5,000 |
| Savings | Barclays | 3.50% | none | $0 |
| Savings | Marcus by Goldman Sachs | 3.40% | none | $0 |
| CD | Synchrony Bank | 4.35% | 60 Months | $0 |
| CD | Marcus by Goldman Sachs | 4.35% | 24 Months | $500 |
| CD | American Express National Bank | 4.25% | 10 Months | $0 |
Rates are the banks' published APYs as tracked on the Banrox Bank Rates page, with the date next to each benchmark; they are not offers from Banrox and can change daily. Interest is before tax. The best offers are mostly online banks and are open to Elk Rapids residents like anyone else.
Banks near Elk Rapids
Nearby cities with at least two banks, by straight-line distance. Counts from FDIC BankFind.
Short answer: The closest towns with more choice are Bellaire (11 miles) and Suttons Bay (13 miles). Traverse City, 15 miles away, has the most banks nearby: 13.
| City | Distance | Banks | Branches |
|---|---|---|---|
| Banks in Bellaire, MI | 11 mi | 2 | 2 |
| Banks in Suttons Bay, MI | 13 mi | 4 | 5 |
| Banks in Traverse City, MI | 15 mi | 13 | 29 |
| Banks in East Jordan, MI | 22 mi | 2 | 2 |
| Banks in Charlevoix, MI | 29 mi | 3 | 5 |
| Banks in Boyne City, MI | 29 mi | 3 | 3 |
| Banks in Empire, MI | 33 mi | 2 | 2 |
| Banks in Gaylord, MI | 37 mi | 5 | 6 |
Bank branch openings and closings in Elk Rapids
FDIC branch records, between September 5, 2025 and September 5, 2026.
Short answer: FDIC branch records show no bank branch openings in Elk Rapids between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Largest banks in Elk Rapids by total assets
Ranked by each bank's total assets on its FDIC balance sheet, which covers the whole bank, not only its Elk Rapids offices.
Short answer: Fifth Third Bank is the largest bank with offices in Elk Rapids, with $299.18 billion in total assets on June 30, 2026, No. 14 among U.S. banks by total assets. Huntington is second with $283.07 billion. Local deposit shares will follow once the FDIC Summary of Deposits is imported.
| Bank | Total assets | Rank | Offices here | Main office |
|---|---|---|---|---|
| Fifth Third Bank | $299.18 billion | No. 14 | 1 | Cincinnati, OH |
| Huntington | $283.07 billion | No. 15 | 1 | Columbus, OH |
| Alden State Bank | $318.4 million | No. 2,392 | 1 | Alden, MI |
Total assets and ranks from FDIC BankFind as of June 30, 2026. Rank is among active banks that report total assets to the FDIC.
Banks in Elk Rapids: FAQ
How many banks are in Elk Rapids, MI?
Elk Rapids has 3 banks with 3 branches, according to FDIC data as of September 5, 2026.
Which bank has the most branches in Elk Rapids?
Fifth Third Bank, with 1. Huntington has 1 and Alden State Bank has 1.
Is there a Fifth Third Bank in Elk Rapids, MI?
Yes. FDIC data lists 1 Fifth Third Bank branch in Elk Rapids as of September 5, 2026. The address and directions are under Fifth Third Bank above.
Is there a Huntington in Elk Rapids, MI?
Yes. FDIC data lists 1 Huntington branch in Elk Rapids as of September 5, 2026. The address and directions are under Huntington above.
Is there a Alden State Bank in Elk Rapids, MI?
Yes. FDIC data lists 1 Alden State Bank branch in Elk Rapids as of September 5, 2026. The address and directions are under Alden State Bank above.
Is there a Chase in Elk Rapids, MI?
No. FDIC data lists no Chase branch in Elk Rapids as of September 5, 2026. The nearest is in Traverse City, about 14 miles away in a straight line.
Which banks in Elk Rapids are open on Saturday?
Fifth Third Bank publishes Saturday hours for one or more Elk Rapids locations. The Saturday section above lists each one with its hours. 1 of the 3 locations here do not publish hours in the sources this page uses; call ahead.
What is the oldest bank in Elk Rapids?
Fifth Third Bank has the longest record among banks with a branch here: the FDIC shows it operating since 1865.
Did any bank branches open or close in Elk Rapids in the past year?
FDIC branch records show no branch openings between September 5, 2025 and September 5, 2026. Closings and relocations are not tracked by the sources this page uses yet.
Where can I find more banks near Elk Rapids?
Nearby cities with more banks include Bellaire, Suttons Bay, Traverse City. Bellaire is 11 miles away with 2 banks.
How we build this page
Every figure above comes from one of these sources. Nothing is typed by hand, nothing is estimated.
| Data | Source | License | Updated | Data as of |
|---|---|---|---|---|
| FDIC-insured banks: branches, main offices, total assets, dates established | FDIC BankFind Suite API | Public data (U.S. government) | Monthly import | Sep 5, 2026 |
| Bank branch hours, phones and branch pages (2 of 3 branches: Fifth Third Bank, Huntington) | The banks' own branch locators, collected by All The Places | CC0 (All The Places data); each bank's locator is the primary source | Weekly spider run, monthly refresh here | Oct 10, 2026 |
| Savings and CD rates, national averages | Banrox Bank Rates | Banrox, from the banks' own rate pages and FDIC national rates | Weekly | see each rate |
See your odds before you apply
Banrox shows how likely a card or loan is for your profile, from your own data, without a hard pull. Platform live; card in early access; no card issued.
Check your odds