IBCP receives regulatory approvals to acquire HCB Financial Corp for $590M

Independent Bank Corporation has obtained Federal Reserve and Michigan regulatory approvals for its acquisition of HCB Financial Corp, with shareholder vote scheduled for June 17, 2026 and expected close on July 1, 2026. The merger will expand IBCP's asset base from $5.5B to approximately $6.1B, strengthening its presence in Michigan's banking market.