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Tri-County Bancorp merges with Mayville Financial

PRIVATEAug 31, 2026about 8 hours ago

Acquiring Company

Tri-County Bancorp

Acquired Company

Mayville Financial Corporation

Brown CityMichigan

Description

Tri-County Bancorp, Inc. has completed its merger with Mayville Financial Corporation, combining two historic Michigan banks. The newly merged entity will operate with approximately $734 million in total assets. Customers will continue to be served at existing locations by familiar staff as integration plans are finalized.

Company Information

Company

Tri-County Bancorp

Location

Brown City, Michigan, United States

About

Tri-County Bancorp, Inc. is the holding company of Tri-County Bank, founded in 1889. The community bank has approximately $639 million in assets and operates 12 locations in Michigan's Thumb. It is committed to providing quality customer satisfaction and supporting local communities.

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Predictive Intelligence
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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Mayville Financial Corporation?

Mayville Financial Corporation was acquired by Tri-County Bancorp, based in Brown City. The deal was reported on August 31, 2026. Tri-County Bancorp, Inc. is the holding company of Tri-County Bank, founded in 1889. The community bank has approximately $639 million in assets and operates 12 locations in Michigan's Thumb. Tri-County Bancorp is privately held.

When did Tri-County Bancorp acquire Mayville Financial Corporation?

Tri-County Bancorp's acquisition of Mayville Financial Corporation was reported on August 31, 2026. Tri-County Bancorp, Inc. has completed its merger with Mayville Financial Corporation, combining two historic Michigan banks. The newly merged entity will operate with approximately $734 million in total assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mayville Financial Corporation do?

Mayville Financial Corporation is a bank holding company for Mayville State Bank, established in 1885. The bank serves the central Thumb region of Michigan with 2 full-service branches. It focuses on providing quality banking services to its customers. It is privately held, and is based in Michigan.

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