Independent Bank Corporation Announces Shareholder Approval to Acquire HCB Financial Corp. and Highpoint Community Bank

Independent Bank Corporation (NASDAQ: IBCP) has received shareholder approval to acquire HCB Financial Corp., parent company of Highpoint Community Bank. The merger, which was signed on March 18, 2026, has also been approved by the Federal Reserve Bank of Chicago and Michigan Department of Insurance and Financial Services. The transaction is expected to be effective on July 1, 2026. IBCP has approximately $5.5 billion in assets, while HCB has approximately $590 million in assets.