Our History

Image of State Savings Bank from 1970
State Savings Bank stood on the corner of Main and Fourth streets in Frankfort from the turn of the century to 1970.
Photo courtesy of the Robert McCall Collection.


Since 1896, State Savings Bank has been caring for the financial needs of our neighbors in northern Michigan. Because our roots run deep here, we can better serve you—whether you're buying a home, running a business, investing for your future, or just looking for a friendly place to bank.

State Savings Bank has demonstrated leadership and stability during times of both economic growth and financial uncertainty. We’ve weathered the Great Depression, two World Wars and the horror and upheaval of the 9/11 attacks. Our bank has been witness to the first credit card, the birth of the ATM, the advent of online banking, and the 2008 financial crisis. Through it all, State Savings Bank has stood strong. Today, we remain a well-capitalized and safe, sound financial services provider.

As this region has grown, State Savings Bank has expanded to meet the changing financial needs of northern Michigan. Since establishing our original location in Frankfort more than a century ago, we now have banking offices in Beulah, Empire, Frankfort, Gaylord, Suttons Bay and Traverse City, and loan centers in Big Rapids, Caro, and Houghton Lake. 

Our employees live, work and volunteer in our communities, so when you bank with us, you're being taken care of by someone who knows you. You'll always receive individual attention—the kind of personal attention you'd expect from a good neighbor.

State Savings Bank is proud to have been part of northwest Michigan’s history and we look forward to serving our growing communities and future generations.