Isabella Bank Corporation Announces Completion of Merger with Grand River Commerce, Inc. and the Results of Merger Consideration Elections
Key Highlights
- ➤Merger with Grand River Commerce completed November 2, 2026
- ➤Combined company has approximately $2.7 billion in total assets
- ➤Combined company has $2.0 billion in loans and $2.3 billion in deposits
- ➤Grand River stockholders receive 35% cash and 65% Isabella stock
- ➤Grand River stockholders elected cash for 59.61% of outstanding shares
Expert Statements
Jerome E. Schwind, President and Chief Executive Officer of Isabella Bank Corporation
“This strategic partnership will accelerate our growth in this vibrant Grand Rapids market, and harnesses the strengths of two community banks dedicated to relationship-based banking and community engagement. We are thrilled to welcome our new customers and team to Isabella Bank and look forward to working together to provide expanded products, services, and resources.”
MOUNT PLEASANT, MI / ACCESS Newswire / November 2, 2026 / Isabella Bank Corporation (the "Company" or "Isabella") (NASDAQ:ISBA), the parent company of Isabella Bank, announced today the completion of the previously announced acquisition of Grand River Commerce, Inc., the parent company of Grand River Bank (collectively "Grand River"), effective November 2, 2026.
The combined company has approximately $2.7 billion in total assets, $2.0 billion in loans, and $2.3 billion in total deposits (based on financial information as of June 30, 2026). This strategic acquisition extends Isabella Bank's footprint into Kent County and the vibrant Grand Rapids market, including bringing Isabella Wealth Services to these new markets.
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