Independent Bank Corporation (NASDAQ: IBCP), the parent company of Independent Bank, with total assets of approximately $5.6 billion, today announced that it has completed its previously announced acquisition of HCB Financial Corp., the parent company of Highpoint Community Bank, with total assets of approximately $597 million, which has merged with and into Independent Bank Corporation.
“We are excited to welcome Highpoint Community Bank’s customers, employees and shareholders to Independent Bank,” commented Brad Kessel, President and Chief Executive Officer of Independent Bank Corporation. “This merger strengthens our presence by bridging a geographic gap between Independent’s primary hubs in Grand Rapids and Lansing while supporting our planned growth into Southwest Michigan. We are especially pleased to welcome Highpoint’s talented team to Independent. Mark Kolanowski will join Independent Bank as Executive Vice President and Senior Advisor, reporting directly to me, and Chelsey Foster will serve as Regional President - Commercial Lending. Their leadership, deep community relationships and commitment to relationship-based banking will help us continue delivering exceptional service and creating new opportunities for our customers and the communities we serve.”
As a result of the merger, customers will not experience any immediate changes to their banking experience and should continue using their respective Highpoint Community Bank branches, checks, bank cards, online and mobile banking, and other banking services as they usually do.
Independent Bank expects to complete a full system integration of Highpoint Community Bank’s operations on November 9, 2026.
