NAICS 522120 · Michigan

Savings Institutions Business Names in Michigan

Michigan has 161 savings institutions locations, ranking #11 of 50 states and D.C. and making up 2.3% of the U.S. total.

Name ideas for a Michigan savings institutions business

Before you commit, search the Michigan business entity database (linked below) to make sure the name is not already registered there.

Savings Institutions in Michigan by the numbers

161Business locations (establishments)
5,028Paid employees (mid-March) (approximate)
$497,415,000Annual payroll (approximate)
$98,929Average pay per employee
31.2Average employees per location
#11 of 50Rank among states
2.3%Share of U.S. locations

Locations by number of employees in Michigan

1-461
5-980
10-199
20-496
100-2493

Source: U.S. Census Bureau, County Business Patterns 2022. Counts cover employer establishments (businesses with paid employees); self-employed owners without staff are not included. Small establishments with 1–4 employees include those that reported no paid employees in mid-March.

Register your business name in Michigan

In most states you check name availability and form an LLC or corporation through the Secretary of State (or equivalent) office, then register with the state tax and labor agencies if you will collect sales tax or hire employees. Official Michigan links:

Official state agency links as listed by the IRS on its Michigan state links page. Filing fees and steps change, so confirm current requirements with the agency before you file.

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Other states for savings institutions

See the national savings institutions page → · Top industries in Michigan →