About the Savings Institutions & Other Depository Credit Intermediation in Michigan Market Research Report
What’s Included in the Savings Institutions & Other Depository Credit Intermediation in Michigan Market Research Report
Definition of the Savings Institutions & Other Depository Credit Intermediation in Michigan?
This industry comprises establishments primarily engaged in accepting deposits, making mortgage, real estate, and other consumer and commercial loans, and investing in high-grade securities (except commercial banking and credit unions). Savings and loan associations, savings banks, private banks (i.e., unincorporated banks), and establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits are included in this industry.
What’s included in the Savings Institutions & Other Depository Credit Intermediation in Michigan?
The Savings Institutions & Other Depository Credit Intermediation in Michigan includes providing residential mortgages, providing commercial and industrial mortgages, providing home equity loans, providing vehicle loans, accepting demand and other deposits and making commercial, industrial and consumer loans. Related terms covered in the Savings Institutions & Other Depository Credit Intermediation in Michigan industry report includes a financial product that generally has a specific fixed term and interest rate and is insured by the federal deposit insurance corporation, funds set aside as allowances for bad debts, including debts where the customer defaults or where the terms of the loan need to be renegotiated and a deliberate reduction in the value of an asset to reflect its current market value.
Industry Performance of the Savings Institutions & Other Depository Credit Intermediation industry in Michigan
Benchmark the Savings Institutions & Other Depository Credit Intermediation in Michigan industry performance with all MI county and national performance.
Savings Institutions & Other Depository Credit Intermediation in Michigan
#9 in Highest Revenue 3% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Savings Institutions & Other Depository Credit Intermediation in the US
Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Savings Institutions & Other Depository Credit Intermediation industry in Michigan
See how key industry drivers, such as are impacting Savings Institutions & Other Depository Credit Intermediation in Michigan
Michigan Economic Indicators
Population
Unemployment Rate
View more economic information in MI State Economic profile
US Key External Drivers
House price index
Corporate profit
30-year conventional mortgage rate
For the full list of industry drivers, see report purchase options.
County Data of the Savings Institutions & Other Depository Credit Intermediation industry in Michigan
Access proprietary data on county in the Savings Institutions & Other Depository Credit Intermediation in Michigan, such as Oakland County, Wayne County and Macomb County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Savings Institutions & Other Depository Credit Intermediation industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
