Tri-County Bancorp Completes Merger with Mayville Financial Corporation
Tri-County Bancorp, Inc., the parent company of Tri-County Bank in Brown City, Michigan, has completed its merger with Mayville Financial Corporation and its subsidiary, Mayville State Bank. The combined entity now holds approximately $734 million in total assets, $559 million in loans, and $631 million in deposits as of June 30, 2026. Tri-County operates 12 locations while Mayville adds two more branches across eastern Michigan and the Thumb region. The merger unites two long-standing community banks—Tri-County Bank (founded in 1889) and Mayville State Bank (established in 1885). Customers will continue to be served at their existing locations, with integration expected by year-end under the Tri-County Bank name. Performance Trust Capital Partners LLC advised Tri-County, while FHN Financial Securities Corp. supported Mayville during the transaction. Tri-County aims to maintain customer service continuity and community involvement as it integrates operations.
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Topics: banking community banks Michigan