Abrigo

JANUARY 15, 2015

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150

Cleveland Detroit Michigan Community Bank 150

Banking Exchange

JUNE 3, 2020

Banks based in California, Michigan, Ohio, Louisiana and Florida have been added to the Nasdaq index of community institutions Community Banking Feature3 Feature Management M&A Financial Trends ABA News Nasdaq.

Community Bank 78

Community Bank Community Louisiana Michigan 78

PYMNTS

FEBRUARY 14, 2020

About 120 workers will lose their jobs at a location in Michigan. We have a responsibility to our customers and the communities where we operate to ensure these partners meet our high standards for things like safety and working conditions,” an Amazon spokeswoman said in an email, according to Bloomberg.

Company 215

Company Wisconsin Minnesota Michigan 215

ABA Community Banking

JUNE 12, 2019

Through a TV news partnership, one state bankers association is raising public awareness about what banks do, the safety they provide and the support they give their communities. The post Michigan Bankers, Local Newsrooms Work Together to Promote Banking appeared first on ABA Banking Journal.

Michigan 67

Michigan Community Community Bank Marketing 67

Independent Banker

MARCH 31, 2022

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. We are not Wall Street banks—we are community banks.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

FEBRUARY 24, 2020

There are another 120 workers slated to be let go in Michigan. “We We have a responsibility to our customers and the communities where we operate to ensure these partners meet our high standards for things like safety and working conditions,” said an Amazon spokeswoman, according to Bloomberg last week.

Michigan 196

Michigan Illinois Ohio Virginia 196

American Banker

MAY 4, 2022

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Michigan 73

Michigan Community Industry 73

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

ABA Community Banking

JULY 21, 2022

The latest issue of the FDIC Quarterly explores loan performance at community banks in five manufacturing-concentrated states: Indiana, Kentucky, Louisiana, Michigan and Wisconsin. The post FDIC Quarterly highlights community bank performance in manufacturing states appeared first on ABA Banking Journal.

Community Bank 59

Community Bank FDIC Community Louisiana 59

American Banker

DECEMBER 28, 2021

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Michigan 74

Michigan Community Industry 74

PYMNTS

NOVEMBER 15, 2018

In communities across the country, there are also smaller upstarts delivering food to homes and businesses. Take Holland Eats , which caters to 30,000 residents in Holland, Michigan. Going forward, Garcia wants to serve other communities in Western Michigan.

Michigan 155

Michigan Texas Community Meeting 155

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

PYMNTS

APRIL 14, 2020

A little over a month ago Amazon rocked its seller community with the announcement that it would be limiting shipments unrelated to wellness, cleaning and non-perishable home essentials in order to make way for the essential consumer goods customers were seeking. And speaking of returns to normal ….

Michigan 197

Michigan Retail Meeting Report 197

Abrigo

AUGUST 11, 2016

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.” Bank acquisitions by credit unions did not exist until 2011, when St.

Michigan 150

Michigan Milwaukee Indiana Wisconsin 150

PYMNTS

NOVEMBER 12, 2020

As it stands, 69 SpartanNash stores in Wisconsin, South Dakota, North Dakota, Nebraska, Minnesota and Michigan provide the Fast Lane offering. Giant Eagle , the Pennsylvania-based supermarket chain, has debuted its myPerks multi-tiered loyalty program in a community in Ohio. Giant Eagle Unveils Multi-Tier Rewards Program.

South Dakota 225

South Dakota North Dakota New Jersey Los Angeles 225

American Banker

FEBRUARY 12, 2021

A deal to merge with First General Credit Union in Norton Shores, Mich., will extend the Detroit-area institution's reach across the state.

Michigan 60

Michigan Detroit Community Strategy 60

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

PYMNTS

NOVEMBER 26, 2019

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. Ring users place their trust in us to help protect their homes and communities, and we take that responsibility very seriously,” a spokesperson said.

Delaware 140

Delaware Oregon Maryland Video 140

CFPB Monitor

JUNE 9, 2022

Proponents of the Payday Loan Interest Rate Cap ballot initiative in Michigan met the June 1, 2022 deadline to appear on the November 2022 ballot in the state. If passed, Michigan would join 18 states plus the District of Columbia that have capped payday loan rates at 36% APR or less.

Michigan 78

Michigan Lending District of Columbia Community 78

American Banker

JULY 25, 2024

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

Michigan 48

Michigan Community Bank Detroit Community 48

PYMNTS

MARCH 16, 2020

Conference of Mayors and mayor of Rochester Hills, Michigan, the NRF and the Retail Industry Leaders Association (RILA) asked officials to coordinate with them before making decisions on whether to close or curtail retail business operations. Other retail news was decidedly more on the generous side.

Retail 141

Retail Community Maryland Michigan 141

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

PYMNTS

APRIL 17, 2017

Reports late last week said the bank will work with SME lending portal Accion, a nonprofit company, to facilitate the financing of these companies across five states: Florida, Indiana, Illinois, Michigan and Ohio. They are essential to economic growth and development.

Indiana 109

Indiana Lending Resources Michigan 109

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

PYMNTS

NOVEMBER 20, 2020

These include South Bend, Indiana-based Teachers Credit Union (TCU), which has nearly $4 billion in assets and serves more than 300,000 customers at 57 branches across Indiana and southwest Michigan. Some fear [that] if they join the online banking community, some tech-savvy fraudster will steal their information,” he said.

Technology 253

Technology Indiana Michigan Tools 253

PYMNTS

NOVEMBER 26, 2019

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. Ring users place their trust in us to help protect their homes and communities, and we take that responsibility very seriously,” a spokesperson said.

Delaware 130

Delaware Oregon Maryland Video 130

PYMNTS

JULY 16, 2020

The Ann Arbor, Michigan-based company’s strong growth amid the coronavirus crisis has been aided by its push into online and mobile ordering. The pizza chain’s earnings and revenue also came in well above the expectations of analysts surveyed by FactSet, who had predicted earnings per share of $2.24 and revenue of $915 million.

Report 142

Report Michigan United States Apple 142

American Banker

JUNE 28, 2024

Bloom Credit Union and West Michigan Credit Union aim to join forces; Long Island-based New York Community Bancorp plans a reverse stock split; Providence, Rhode Island-based Citizens Financial hires longtime California banker to lead its middle-market team; and more in this week's banking news roundup.

Michigan 41

Michigan Rhode Island New York California 41

BankInovation

MAY 17, 2023

First Community Bank selected Jack Henry as its core provider as the bank continues to grow its client base. The Michigan-based bank expects to grow 10% annually for the next three years, Chief Executive Daniel Clarke said in a release. The reason we went with Jack Henry is because they had the horsepower behind them,” […]

Community Bank 52

Community Bank Community Michigan 52

PYMNTS

AUGUST 14, 2018

In Michigan, a group of credit unions recently joined forces to form a new financial institution (FI): a bank. Seven Michigan-based credit unions recently applied to establish a new limited-purpose bank, known as Credit Union Trust. Talk about a case of strange bedfellows.

Michigan 100

Michigan Report Ohio Groups 100

American Banker

MARCH 29, 2022

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Michigan 52

Michigan Community Industry 52

PYMNTS

APRIL 29, 2019

Plus, there is new evidence that the middle-market business community fared particularly well in the first quarter. Not only do the figures suggest ramped-up competition between alternative and traditional lenders, but also competition within the alternative and marketplace lending community itself. Beyond the U.S., Beyond the U.S. ,

Lending 168

Lending Michigan Community National 168

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. Challenges for community financial institutions.

Community 56

Community Community Bank Michigan Lending 56

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

PYMNTS

DECEMBER 23, 2019

CUs are working to build community ties, especially during the holiday season. Nine member CUs of the Southern Michigan Chapter of Credit Unions each donated $25,000 to a charity that pays off medical collection debts. Developments From Around The World Of Credit Unions. The CUs were able to eliminate more than $2.5

Data 131

Data Lending Michigan Regulation 131