MANISTIQUE, MI--(Marketwired - Jul 1, 2013) - Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"), today announced that on June 28, 2013, its Board of Directors declared a cash dividend of $.04 per common share, payable July 18, 2013 to shareholders of record July 8, 2013. The dividend is unchanged from the prior quarter's dividend.