Mergers & Acquisitions ·
Isabella completes acquisition of Grand River Commerce for $5.71 cash or 0.1413 shares
ISBAIsabella Bank Corp
Isabella Bank Corporation completed its previously announced merger with Grand River Commerce, Inc., effective November 2, 2026. Under the terms of the transaction, Grand River shareholders received either $5.71 in cash or 0.1413 shares of Isabella common stock for each share held, subject to proration procedures that resulted in approximately 59.61% electing cash and 40.39% electing stock. The combined entity now holds approximately $2.7 billion in total assets, $2.0 billion in loans, and $2.3 billion in deposits based on June 30, 2026 financials. Isabella Bank Corporation is a Michigan-based community bank holding company providing personal and commercial banking services.