# INDEPENDENT BANK, Grand Rapids, Michigan — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated For INDEPENDENT BANK, Grand Rapids, Michigan, action is Civil Money Penalty, $56,205; effective date is 2015-08-27; board document is /newsevents/pressreleases/enforcement20150910a.htm; document type is Press Release, verified against its source on 2026-08-11. - **Banking organisation:** INDEPENDENT BANK, Grand Rapids, Michigan _(verified: appears in the quote below)_ - **Action:** Civil Money Penalty, $56,205 _(verified: appears in the quote below)_ - **Effective date:** 2015-08-27 _(verified: appears in the quote below)_ - **Board document:** /newsevents/pressreleases/enforcement20150910a.htm _(verified: appears in the quote below)_ - **Document type:** Press Release _(verified: appears in the quote below)_ ## What the source says > 2015-08-27,,,,"INDEPENDENT BANK, Grand Rapids, Michigan","Civil Money Penalty, $56,205",/newsevents/pressreleases/enforcement20150910a.htm,Press Release, ## Source - https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv Last verified: 2026-08-11. Review by: 2026-09-01. Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).