Mitten started with a simple question: why should Michiganders have to choose between a great rate and a bank that actually knows this state?
For too long, those things have lived in two different places. High rates tend to come from national, digital-only players. Local banking tends to come with lower returns.
We don’t think that trade-off makes sense, so we built something different.
We wanted Michiganders to earn more
Traditional savings accounts often pay very little interest, while digital-first savings options can offer significantly higher returns because of how they’re built. That gap adds up over time.
Mitten was designed to close that gap, so Michiganders don’t have to look outside their own community to find a better rate.
Our goals are simple:
- Help you earn more on the money you’re already saving.
- Allow you to open a savings account in minutes, from anywhere.
- Keep the product simple so you can earn more.
We wanted to keep your money local
Where you save matters.
When you bank locally, your money doesn’t just sit there. It goes to work, funding loans for local families, small businesses, and the communities around you.
That’s one of the most important differences between local financial institutions and large, national banks.
With Mitten:
- Your money stays connected to Michigan
- It supports the people, businesses, and communities around you
- It works harder, not just for you, but for where you live
We want to bring you the best of a fintech experience
Honestly, banking expectations have changed. You shouldn’t have to drive somewhere to manage your own money.
You want something that’s:
- Easy to use
- Fast
- Accessible anytime
- Designed around how you actually live
Digital-first platforms are built to be intuitive, efficient, and always available—giving you full control of your money from your phone or computer. Mitten was designed with that same mindset.
A fully digital experience means:
- You can open and manage your account anytime
- You’re not tied to a branch or business hours
- Everything is built for speed, clarity, and simplicity
We want that simplicity to deliver more value to you
There’s a reason digital savings accounts tend to offer higher rates. It comes down to how they’re built.
Without the cost of maintaining large branch networks and physical infrastructure, digital-first accounts operate more efficiently. Those savings can be passed directly back to you in the form of higher interest rates and fewer fees.
That’s not a gimmick. It’s a different model.
With Mitten, that means:
- Less overhead
- More efficiency
- More of that value is returned to you at a stronger rate
Built for Michigan. Built for You.