On June 11, 2026, Isabella Bank Corporation, Mt. Pleasant, Michigan, and Grand River Commerce, Inc., Grandville, Michigan, entered into a merger agreement pursuant to which Isabella will acquire Grand River in a cash and stock transaction valued at approximately $54.6 million.

Isabella is the holding company for Isabella Bank, which has approximately $2.3 billion in assets, with 31 locations throughout eight mid-Michigan counties: Bay, Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm and Saginaw.

Grand River is the holding company for Grand River Bank, which has approximately $511.7 million in assets with two branches serving the West Michigan market, including Grand Rapids and the surrounding communities in Kent and Ottawa counties.

Luse Gorman is serving as legal counsel to Isabella in the transaction. The Luse Gorman team consists of Steve Lanter, Benjamin Azoff, Gregory Sobczak, and Max Seltzer.

Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past seven years and on more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.