Oxford Bank Corporation (OXBC)

Overview

Oxford Bank Corporation stands as a venerable institution in the banking sector, providing a comprehensive range of banking products and services to its diverse clientele across Michigan. With its roots stretching back to 1884, the bank has established a strong presence in the region, operating branches in notable locations including Clarkston, Davison, Dryden, Lake Orion, Ortonville, Oxford, and Oakland. The organization prides itself on its deep historical foundation and its commitment to serving the needs of its customers with a personalized touch, leveraging its deep understanding of the local market dynamics to deliver exceptional banking solutions.

Products and Services

Oxford Bank Corporation offers a broad spectrum of products and services designed to meet the financial needs of individuals, families, and businesses. These offerings include:

• Deposit Products: The bank provides various deposit products such as savings accounts, checking accounts, individual retirement accounts (IRAs), and certificates of deposit (CDs), catering to the savings and investment needs of its customers.
• Loan Portfolio: Oxford Bank's loan offerings are comprehensive, encompassing home mortgage loans for those looking to buy or refinance a home, home equity loans for leveraging home equity, auto loans for vehicle purchases, student loans to support education, term loans for specific borrowing needs, commercial real estate loans for business property investments, small business administration (SBA) loans to support small business growth, as well as lines of credit for flexible borrowing options.
• Cash Management & Merchant Services: To assist businesses in managing their cash flow efficiently, the bank offers cash management and merchant card services, along with remote deposit capture, facilitating easy deposit of checks, and payroll services to streamline employee payment processes.
• Convenience Services: A suite of added services enhances the banking experience, including overdraft protection to avoid fees and inconvenience, wire transfers for fast and secure money movement, night depository services for safe after-hours deposits, and notary services for official documentation. Safe deposit boxes, interactive teller machine (ITM) services for an enhanced ATM experience, and various banking channels like online, telephone, and mobile banking services ensure customers have access to their finances whenever and wherever they need.
• Debit and Credit Cards: Offering both debit and credit card options, Oxford Bank provides convenient payment solutions that cater to different spending habits and financial management strategies of its clients.
• Insurance Products: Beyond traditional banking services, the company also offers a selection of insurance products, helping customers protect their financial assets and peace of mind.