Oxford Bank

Oxford Bank, community banking in Michigan

Oxford Bank is a local banking institution operating in Michigan that presents itself as a community bank. Its offering spans personal and business banking, with deposit products, financing, digital services and wealth management. The institution states that it has 140 years of history and maintains a branch network whose locations and hours are detailed on its own website.

Personal and savings accounts

On the personal side, the bank offers checking accounts such as Kasasa Cash and Kasasa Cash Back, as well as Focus Checking. For savings, it offers Kasasa Saver, a regular savings account, a minor savings account, a money market account, certificates of deposit (CDs) and individual retirement accounts (IRAs).

Business banking

The institution has business checking accounts in several forms: Small Business Checking, Classic Business Checking, Premium Business Checking and Business Analyzed Checking. The offering is completed by the business savings account and business certificates of deposit.

Financing and credit

Oxford Bank offers personal loans, home mortgage loans, home equity lines of credit (HELOC), auto loans and student loans. On the business side are commercial loans, commercial real estate loans, term loans, lines of credit and Small Business Administration (SBA) loans. It also offers credit cards and, through Oxford Commercial Finance, commercial financing services.

Digital and management services

Digital banking includes iPay Bill Pay, mobile wallet, interactive teller machines (ITM), debit card and overdraft protection. For businesses, it adds online banking with bill pay, business debit card, treasury management, merchant card services and remote deposit capture. The institution also offers wealth management services and a tool to send files securely.

Financial education and resources

The bank maintains a financial education section with GreenPath Financial Wellness, credit report basics, credit counseling and a glossary of terms. It also publishes security tips, identity theft prevention and card protection, along with resources for financial caregivers and a series of business customer success stories.

Presence and operational data

The institution operates several branches in Michigan and its website includes a directory of locations and hours. The routing number indicated is 072404333 and its NMLS ID is 707585. The bank maintains a CRA public file page and a news and reports section for shareholders.

Location and contact

Phone: (248) 628-2533