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North Avenue Office

Northern Michigan Bank & Trust has been providing deposit, lending, investment, and other financial services for the Central Upper Peninsula since 1892. We invite you to browse through our pages to discover how we can serve your banking needs.

Please be advised, spam emails are being circulated

Bogus emails are being sent out from this fictitious source, Michigan Bank northernmichiganb @ this is not from Northern Michigan Bank & Trust.  Please DO NOT click on the link nor open this type of email. Do not respond to this email and once again DO NOT click on the link provided.  Clicking on links such as this may cause your computer to be compromised.  If you have any questions please contact your nearest branch office.  For your convenience use the location tab above for branch office information.

First Bancshares Acquires Northern Michigan Bank & Trust

Welcome to the NMB&T Family, Randall J. Peterson and First Bancshares Corporation

On March 8, 2016, the directors of Northern Michigan Bank & Trust announced that First Bancshares Corporation (First Bancshares) had completed a stock purchase to acquire ownership interest in Northern Michigan Bank & Trust (NMB&T).  NMB&T will continue to operate as an independent subsidiary of First Bancshares and will retain its Northern Michigan Bank & Trust name.  Current NMB&T staff will be here to greet you as usual.

Congratulations to Randall J. Peterson who has been appointed by the directors as President and CEO of NMB&T, effective March, 7, 2016.  Peterson brings with him an abundance of knowledge and experience from his 43 years of management in the banking industry. Most recently, Peterson served First Bank of Upper Michigan as CEO and President since 2012.  Prior to joining First Bank, Peterson was the Regional Chairman of Wisconsin, Iowa, and the Upper Peninsula for Citizens Bank from 2003-2009, and the President and CEO of Associated Bank from 1982-2002. A graduate of the U.S. Coast Guard Academy, Peterson also earned his M.B.A. in finance from the University of Michigan.  He is a Vietnam veteran and served in the U.S. Coast Guard from 1967-1971.

"I look forward to working with the outstanding management team and staff of Northern Michigan Bank & Trust," remarked Peterson.  "We will continue to provide excellent service to the community while meeting their financial needs."

Jeanine Dagenais, President and Board of Director Chairperson for First Bancshares also commented, "Northern Michigan Bank & Trust and First Bancshares share similar values and a long history of strong support in the community.  We are excited about this opportunity to work with the outstanding team of associates at Northern Michigan Bank & Trust to continue that tradition while expanding the business beyond Delta County."

About First Bancshares Corporation

First Bancshares is a private holding company that was formed when it acquired First Bank Upper Michigan in 1988.  First bank provides a full range of consumer and commercial banking as well as trust and investment management services at its locations in Escanaba, Gladstone, and Garden.  Originally established as First National Bank in Gladstone in 1916, First Bank will celebrate 100 years in banking this year. Sound Management and exceptional guest service are the foundations upon which First Bank was founded and common threads that have been woven through time to carry the bank forward.  For more information about First Bank, go to  As of December 31, 2015, First Bank had total assets of $179 million.

About Northern Michigan Bank & Trust

Also having deep roots in the community, we were established in 1892 and were originally known as Bank of Escanaba.  Today, NMB&T maintains branch locations in seven U.P. locations, where we provide full-service banking including deposit, lending, and trust services.  As of December 31, 2015 NMB&T had total assets of $243 million.

In connection with the acquisition, Northern Michigan Corp. was advised by the investment banking firm of Donnelly Penman & Partners and the law firm of Howard & Howard.  First Bancshares was advised by the financial advisory firm of Wipfli, LLP and the law firm of Boardman & Clark.


The newest check scam includes a check delivered by FedEx and made out to Secret Shopper. Do not cash this check or reply to emails that are sent to you from Secret Shopper if you are not affiliated with them. This is a scam.

Fraudulent checks are on the rise again.  Be cautious when receiving checks from parties unknown to you - especially if you are selling things online.  Buying/Selling items online may be fast and convenient, but it can also be quite costly.  SELLERS - please exercise caution when receiving checks from parties unknown to you - especially non-local or out of state checks.  if you receive a check for more than what your sales price is and the buyer says "the additional money is to cover the shipping costs" and wants you to send the difference back to them through PayPal, Western Union, or pay the person they send to pick the item, DON'T!!  THIS IS A SCAM!  Once you give them back the difference, the check they sent to you typically is returned to the bank as a fraudulent item, usually within 3-5 days of processing it.

The best way to protect yourself when selling things online is to only accept cash or a wire transfer.  If you take a check of any kind, even a certified bank check, bring it to your bank and have them send it in for collection.  By sending the check in for collection you will  have a confirmation that the check you have is not fraudulent. Please stop in to see your banker.  Your accounts safety is important to us. You are important to us.

SERVING:    Escanaba    Marquette    Ishpeming   Kingsford    Bark River    Gladstone    Iron Mountain
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