Independent Bank wins regulatory approvals for Highpoint Community Bank deal

Independent Bank Corp.

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Independent Bank Corporation

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HCB FINANCIAL CORPORATION

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Independent Bank is set to acquire HCB Financial, parent of Highpoint Community Bank, under a merger agreement signed March 18, 2026.
Regulatory clearances were received from the Federal Reserve Bank of Chicago and Michigan’s Department of Insurance and Financial Services.
HCB shareholder vote is scheduled for June 17, 2026; closing is expected to take effect July 1, 2026, if conditions are met.
Independent Bank has about $5.5 billion of assets; Highpoint Community Bank has about $590 million of assets.

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