MANISTIQUE, MI--(Marketwired - Jun 26, 2014) - Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"), today announced that its Board of Directors declared a cash dividend of $.05 per common share, payable July 18, 2014 to shareholders of record July 7, 2014. The dividend is unchanged from the prior quarter's dividend.