OTCM
GNRV
Market cap38mUSD
Oct 06, Last price
5.49USD
1D
1.67%
1Q
2.43%
Jan 2017
-8.50%
IPO
-45.10%
Name
Grand River Commerce Inc
Chart & performance
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Profile
Grand River Commerce, Inc. serves as the holding company for Grand River Bank, which delivers a diverse array of financial products and services to businesses, professionals, and private individuals. Its operations are structured across three key segments: Commercial Real Estate, Commercial and Industrial, and Consumer. Customers can access various deposit options, including interest-bearing and non-interest-bearing checking accounts, savings accounts, and time deposits. The bank also provides financing solutions for residential lots, land, and construction projects. The company's extensive lending portfolio encompasses real estate mortgages; commercial, industrial, and commercial term loans; home equity term loans; and financing for vehicles like cars, boats, motorcycles, and RVs. It further extends commercial and home equity lines of credit, along with SBA lending programs. Additionally, Grand River Bank offers specialized financing, such as Federal Housing Administration, rural development, bridge, physician, doctor, and dentist loans. Beyond traditional banking, the institution provides digital conveniences like online banking, bill pay, and mobile banking, complemented by refinancing services and debit and credit card access. Founded in 2006 and headquartered in Grandville, Michigan, the company serves clients across Grandville, Grand Rapids, and the broader Kent and Ottawa counties of Michigan.
Key people
Robert Bilotti
Chairman of the Board, President, Chief Executive Officer of the Company and Chairman of the Bank · since 2009
Elizabeth Bracken
CFO; Senior Vice President, Chief Financial and Chief Operating Officer of the Bank · since 2007
Patrick Gill
Director; President, Chief Executive Officer of the Bank · since 2012
Mark Martis
Chief Lending Officer and Senior Vice President of the Bank · since 2008
Cheryl Blouw
Independent Director · since 2007
Jeffrey Elders
Independent Director · since 2007
Randall Hartgerink
Independent Director · since 2011
David Hovingh
Independent Director · since 2007
Thomas Jeakle
Independent Director · since 2011
Roger Roode
Independent Director · since 2007
Jerry Sytsma
Independent Director · since 2007
Valuation
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