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Michigan State University credit union extends buying spree

American Banker

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.

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Michigan Bankers, Local Newsrooms Work Together to Promote Banking

ABA Community Banking

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.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

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.

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United Federal Credit Union in Michigan to buy Edgewater Bank

American Banker

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

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Arbor Bancorp to enter nearby market with FNBH acquisition

American Banker

The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich.

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ChoiceOne to enter new Michigan markets with Community Shores deal

American Banker

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

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How community banks can help young homebuyers

Independent Banker

But there are ways community banks can help mortgage-seekers get on the property ladder. According to the 2022 Home Buyers and Sellers Generational Trends Report published by the NAR, there are some clear generational trends in the homebuying market. So how can community banks help? By Beth Mattson-Teig.