Company Information

Get to know Mackinac Financial Corporation

Mackinac Financial Corporation was a registered bank holding company headquartered in Manistique, Michigan. Its primary and sole subsidiary was mBank, a full-service community bank that provided a wide range of financial services to individuals and businesses. Founded in 1934, mBank grew to serve communities throughout Michigan's Upper Peninsula and Northern Lower Peninsula. In April 2021, Mackinac Financial Corporation announced a definitive merger agreement with Nicolet Bankshares, Inc., and the acquisition was completed in the third quarter of 2021. Following the merger, all mBank branches were rebranded as Nicolet National Bank.

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Mackinac Financial Corporation

United States

Founded in

1974 (52 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.