What is Huron Community Bank's history?
Huron Community Bank, headquartered in East Tawas, Michigan, has a history rooted in the local community that dates back to 1927, when it was originally established as Peoples State Bank. Throughout its decades of operation, the bank underwent various ownership changes, including an acquisition by Comerica during the late 1980s. However, the bank’s defining historical moment occurred when local community members saw the opportunity to reclaim the institution as a community-owned entity. Approximately 500 individuals successfully raised $3.6 million in capital and secured $2.5 million in loans to facilitate the purchase. Since that time, Huron Community Bank has operated as a locally owned institution, growing to manage over $198 million in assets across six branches and a loan production office, maintaining a focused mission to serve Northeast Michigan.
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