Michigan

ChoiceOne to enter new Michigan markets with Community Shores deal

01/06/20

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

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Mortgage review hangs heavy over Michigan bank's new CEO

12/27/19

Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.

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Sterling in Michigan suspends mortgage program

12/09/19

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

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Sign of the (old) times: Bankers still see value in billboards

12/05/19

While digital channels are becoming more popular, many banks remain committed to highway advertising.

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Michigan bill would bring DMV services to the branch

11/04/19

Credit unions and banks in the Great Lakes State could soon offer driver's license renewal and related services.

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Sterling in Michigan selects next CEO

10/18/19

Tom Lopp will succeed Gary Judd at the end of November.

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Flagstar to record recovery from troubled commercial loan

09/20/19

The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.

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Keweenaw expands closer to Detroit with deal for North Star

09/18/19

The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.

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Michigan gives green light to credit union targeting LGBT community

09/09/19

Michigan on Monday approved a charter for a new financial institution designed for lesbian, gay, bisexual and transgender customers, clearing the way for online service to begin early in 2020.

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Level One deploys capital from IPO to buy Ann Arbor Bancorp

08/13/19

The Michigan company will pay $68 million to expand in a high-priority market.

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