American Banker

JULY 25, 2024

The deal would create a bank with more than $4 billion of assets. ChoiceOne Financial Services would pay about $180 million to acquire Fentura Financial in a bid to expand in Detroit's suburbs.

Michigan 48

Michigan Community Bank Detroit Community 48

PYMNTS

JANUARY 4, 2017

Among the new firms on the roster, in alphabetical order: Enrichment Federal Credit Union, First Security Bank of Arkansas, Marion & Polk Schools Credit Union, Merchants Bank of Indiana, Northern Michigan Bank & Trust, Ohnward Bank and Trust, Postel Family Credit Union, River Cities Bank, River Town Bank, Simplicity Credit Union, SouthPoint (..)

Apple 117

Apple Arkansas Indiana Utah 117

American Banker

MAY 8, 2020

Thomas Lopp cited health reasons for leaving Sterling Bancorp less than six months after becoming CEO. Sterling has been dealing with revenue issues after shutting down its biggest lending program over underwriting concerns.

Michigan 49

Michigan Community Bank Community Lending 49

Abrigo

AUGUST 11, 2016

Bank acquisitions by credit unions did not exist until 2011, when St. Joseph, a Michigan-based credit union, acquired Indiana-based Griffith Savings Bank. A recent article in the Milwaukee Wisconsin Journal Sentinel notes, “More community bank takeovers by large credit unions are likely.”

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

ABA Community Banking

SEPTEMBER 17, 2024

EverBank in Jacksonville, Florida, agreed to buy Sterling Bank and Trust in Southfield, Michigan, in an all-stock deal valued at $261 million. The post EverBank in Florida to acquire Michigan bank appeared first on ABA Banking Journal.

Michigan 52

Michigan Florida Jacksonville Community Bank 52

American Banker

NOVEMBER 15, 2023

billion-asset federal credit union in East Lansing announced its third deal in as many months — the planned purchase of in-market peer Gabriels Community Credit Union. And it has two bank acquisitions pending.

Michigan 78

Michigan Community Marketing Community Bank 78

American Banker

AUGUST 14, 2024

The Chicago-area bank closed the fifth-largest deal announced this year in a matter of months. It may bode well for M&A, as several big transactions have been announced in 2024.

Michigan 81

Michigan Chicago Community Bank Community 81

NCR

DECEMBER 1, 2017

It’s an interesting time to be a community financial institution (FI) right now. For smaller community banks and credit unions in the US, it might seem like a difficult time to do business, with so much change, intensifying competition and regulatory compliance to contend with. “They get better service.

Community 56

Community Community Bank Michigan Lending 56

American Banker

SEPTEMBER 16, 2024

EverBank Financial in Florida said the deal would give it $900 million of loans and $2 billion of deposits. Should the deal close in early 2025 as planned, it would culminate a long saga for Sterling.

Michigan 85

Michigan Florida Community Bank Industry 85

American Banker

JANUARY 26, 2024

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

Virginia 36

Virginia Michigan Community Bank Illinois 36

Independent Banker

SEPTEMBER 1, 2016

Independent Banker ® magazine recognizes three community banks who have conducted creative, engaging and impactful social media campaigns. This year’s panel of judges evaluated social media campaigns submitted from several community banks across the country before selecting those that received final recognition.

social media 96

social media Community Community Bank Michigan 96

The Financial Brand

AUGUST 17, 2023

This article How a Community Bank Helps Business Borrowers Cope with Rising Rates appeared first on The Financial Brand. Growth at this Michigan community bank comes from business customers — especially manufacturers — seeking help with challenges like rising interest rates.

Community Bank 29

Community Bank Community Michigan Branding 29

CFPB Monitor

SEPTEMBER 21, 2020

Last week, the CFPB announced the appointment of new members to its advisory committees: Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). Tim Welsh, Vice Chairman Consumer and Business Banking, U.S. Bank (Minneapolis, MN).

DC 78

DC Mississippi Washington Oklahoma City 78

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 192

Fintech Community Regional Technology 192

American Banker

AUGUST 9, 2021

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Michigan 81

Michigan Community Bank Community 81

American Banker

MARCH 16, 2023

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Michigan 74

Michigan Fraud Security Community Bank 74

American Banker

JANUARY 6, 2020

The company will pay $29 million for a bank located northwest of Grand Rapids.

Michigan 45

Michigan Community Marketing Company 45

Gonzobanker

JUNE 26, 2019

Idaho Central Credit Union and Delta Community Credit Union successfully deployed CRM in the contact center. The bank not only found opportunities to eliminate the need for manual data entry, but it also estimated that 25 CRM users are saving about an hour per week just by making data easier to find.

Idaho 123

Idaho Michigan System Lending 123

American Banker

JUNE 25, 2020

Arbor Bancorp and FNBH Bancorp said the pandemic had created uncertainty about the regulatory process for securing approval for the deal.

Michigan 57

Michigan Security Community Bank Community 57

American Banker

OCTOBER 27, 2020

The acquisition will consolidate United's position in the St. Joseph market, where both institutions are based.

Michigan 72

Michigan Marketing Community Bank Community 72

CFPB Monitor

AUGUST 22, 2016

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Community Bank Advisory Council Members. Ballard, Vice President and Director, First Iowa State Bank, Albia, IA. ”

San Antonio 60

San Antonio Kansas City Groups CA 60

Jeff For Banks

NOVEMBER 7, 2015

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Banker: Because that's not community banking. I've been in this business over 20 years and still don't know the definition of community banking. In other words, be a General Bank.

Community Bank 60

Community Bank Community Baltimore Lending 60

PYMNTS

FEBRUARY 9, 2018

While the challenger bank community has received the most attention in the U.K., Penta CEO and Co-Founder Lav Odorovic said in a statement that “Germany’s traditional banks are miserably failing to satisfy business owners.”.

Fintech 100

Fintech Detroit Capital Michigan 100

American Banker

JUNE 5, 2024

ELGA Credit Union said it plans to acquire Marine Bank & Trust in an all-cash deal. The combination marks the 12th of the year involving a credit union buying a bank, keeping the industry on pace to establish a new record for such deals.

Michigan 53

Michigan Florida Industry Community Bank 53

Independent Banker

NOVEMBER 25, 2015

Kaarin Long stops by a local manufacturer while getting to know customers as Investors Community Bank’s cash management relationship manager. Investors Community Bank in Manitowoc, Wis. Long: Manitowoc is conveniently located along the shores of Lake Michigan, and we’re centrally situated between Green Bay and Sheboygan.

Community 70

Community Community Bank Milwaukee Management 70

American Banker

MAY 26, 2021

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Michigan 54

Michigan Community Bank Community 54

American Banker

MARCH 24, 2016

has agreed to buy Community Bancorp in St. Fentura Financial in Fenton, Mich., Charles, Mich.

Community 28

Community Michigan Community Bank Strategy 28

Gonzobanker

MARCH 7, 2024

Scaling through community banks and credit unions is, of course, another move plenty of fintech companies seek. Beanstox Chairman Kevin O’Leary said it was looking for a bank partner at the conference. Beanstox Chairman Kevin O’Leary said it was looking for a bank partner at the conference.

Las Vegas 137

Las Vegas Fintech Conference San Francisco 137

American Banker

JUNE 17, 2021

(..)

Tampa 60

Tampa Michigan Community Bank Community 60

American Banker

NOVEMBER 8, 2024

DFCU Financial said it reached a deal to acquire Winter Park National Bank in the Orlando metropolitan area. It was a record 20th credit union-bank merger of the year.

Michigan 48

Michigan Florida National Community Bank 48

American Banker

APRIL 14, 2016

West Shore Bank Corp. has agreed to buy West Michigan Bank & Trust in Frankfort. in Ludington, Mich.,

Michigan 28

Michigan Community Bank Community Strategy 28

ABA Community Banking

MARCH 22, 2024

The Michigan Bankers Association recently named Kenneth Kelly, chairman and CEO of First Independence Bank, as the recipient of the 2024 MBA Banker of the Year award The post First Independence Bank’s Kelly named MBA Banker of the Year appeared first on ABA Banking Journal.

Michigan 52

Michigan Community Bank Community 52

American Banker

APRIL 15, 2024

Should the all-stock transaction close as planned later this year, Wintrust Financial in the Chicago area would gain about $2.7 billion of assets.

Michigan 45

Michigan Chicago Community Bank Community 45

American Banker

OCTOBER 12, 2022

(..)

Michigan 50

Michigan Community Bank Community Compliance 50

ABA Community Banking

OCTOBER 9, 2024

Grasshopper Bank in New York City has agreed to buy Auto Club Trust in Dearborn, Michigan. The $485 million-asset Auto Club Trust is a federal savings bank owned by The Auto Club Group. The post Grasshopper to buy Auto Club Trust appeared first on ABA Banking Journal.

New York City 52

New York City Michigan New York Groups 52

ForwardBanker

MAY 23, 2019

Since 2016, the team put on more than 20 free seminars taking place in locations from Oregon and Washington state to South Carolina, Texas, and Michigan. The post Main Street, USA = Community Financial Institutions + Small Businesses appeared first on Deluxe FS.

Maine 28

Maine South Carolina Community Oregon 28

American Banker

NOVEMBER 3, 2020

The company is looking to tap into a surge of homebuying tied to historically low interest rates.

Michigan 41

Michigan Company Community Bank Community 41