Independent Bank to Acquire HCB Financial Corp (Highpoint Community Bank) in ~$70.2M Merger

March 20, 2026

Independent Bank has entered into a definitive merger agreement to acquire HCB Financial Corp., the parent company of Highpoint Community Bank, in a cash-and-stock transaction valued at approximately $70.2 million. The deal is intended to expand Independent Bank’s Michigan footprint between Grand Rapids and Lansing and enhance funding, product offerings, and lending capabilities for local customers.

Buyers
Independent Bank Corporation, Independent Bank
Targets
HCB Financial Corp., Highpoint Community Bank
Location
Michigan, United States
Transaction Type
Buyout

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