About Bank Michigan Financial
Bank Michigan Financial is a private company based in Brooklyn, Michigan, incorporated in 2020 in Michigan. It has reported $6,772,331 raised in two offerings on Form D since January 2024. Its chief executive is Richard Northrup, III.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Mar 31, 2025 | Apr 17, 2025 | $2,697,331fully sold | 8 | $337K | EquityRule 506(b) | Form D ↗ |
| Dec 26, 2023 | Jan 3, 2024 | $4,075,000fully sold | 2 | $2.0M | EquityRule 506(b) | Form D ↗ |
| Total, two offerings | $6,772,331 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Bank Michigan Financial's Form D filed Apr 17, 2025.
ML
Martin Lozier
Director
RI
Richard Northrup, III
President and CEO, director
DB
Donna Baker
Director
JQ
John Queen
Director
RH
Randy Heselschwerdt
Director
CH
Cindy Hayes
Chief Financial Officer
JH
Jeffrey Hubbard
Director
SR
Stephen Van Riper
Director
Earlier filings also listed Robert Chapman (director, last listed Jan 2024) and Donald Calcaterra, Jr. (director, last listed Jan 2024).