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
- Industry
- Financial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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