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

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

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

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

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

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

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

American Banker

SEPTEMBER 1, 2023

Five Star Credit Union and Michigan State University Federal Credit Union announced a combined four bank acquisitions within a few days. They're among 10 credit union agreements to buy banks this year.

Michigan 50

Michigan Community Bank Community 50

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

DECEMBER 14, 2023

The Michigan City company, part of a growing list of banks announcing similar overhauls, aims to sell nearly $400 million of securities and reinvest the proceeds in higher-yielding loans.

Indiana 36

Indiana Michigan Security Company 36

American Banker

MARCH 16, 2023

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Michigan 74

Michigan Fraud Security Community Bank 74

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

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

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

American Banker

DECEMBER 27, 2019

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.

Michigan 41

Michigan California Community Bank Community 41

Independent Banker

JUNE 30, 2022

But there are ways community banks can help mortgage-seekers get on the property ladder. Burmis, senior vice president and retail lending manager at $450 million-asset Chelsea State Bank in Chelsea, Mich. So how can community banks help? By Beth Mattson-Teig. Flexibility needed.

Community Bank 143

Community Bank Community Millennials Resources 143

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

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 158

Las Vegas Fintech Conference San Francisco 158

American Banker

OCTOBER 7, 2020

The company, which recently completed an audit, set aside funds to cover issues tied with a lending program it discontinued last year. The move cleared the way for Sterling to file an overdue annual report with the Securities and Exchange Commission.

Michigan 34

Michigan Lending Security Report 34

American Banker

AUGUST 9, 2021

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Michigan 81

Michigan Community Bank Community 81

American Banker

JUNE 1, 2020

Thomas O'Brien will take the helm at Sterling Bancorp, which is dealing with internal control issues and probes by the OCC and Justice Department into its mortgage operations.

Michigan 38

Michigan Operations Community Bank Community 38

American Banker

MARCH 9, 2020

The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.

Michigan 34

Michigan Company Community Bank Community 34

American Banker

MAY 26, 2021

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Michigan 54

Michigan Community Bank Community 54

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

American Banker

OCTOBER 12, 2022

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Michigan 50

Michigan Community Bank Community Compliance 50

American Banker

FEBRUARY 4, 2020

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

Michigan 45

Michigan Marketing National Company 45

American Banker

JUNE 17, 2021

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Tampa 60

Tampa Michigan Community Bank Community 60

NCR

DECEMBER 1, 2017

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. “Most small business owners prefer to be a strong customer at a smaller bank,” Krista Morgan, chief executive of P2Bi, said.

Community 56

Community Community Bank Michigan Lending 56

American Banker

DECEMBER 28, 2016

Chemical CEO David Ramaker has a wide range of options — diversify business lines, expand organically in several Midwestern states, pursue M&A or all of the above — following his recent acquisition of Talmer. But new challenges accompany Chemical's higher profile, too.

Michigan 34

Michigan Community Bank Community Strategy 34

American Banker

DECEMBER 30, 2021

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Michigan 31

Michigan Community Bank Community 31

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

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

American Banker

APRIL 12, 2021

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Michigan 37

Michigan Community Bank Community Strategy 37

American Banker

AUGUST 10, 2020

MatlinPatterson, which once owned more than 60% of the Michigan company, has been paring back its stake in recent years.

Michigan 31

Michigan Company Community Bank Community 31

American Banker

OCTOBER 7, 2020

The proposed Multi-Bank shares an address with the Fort Lauderdale, Fla., office of Multi-Bank Securities.

Michigan 28

Michigan Groups Security Florida 28

American Banker

FEBRUARY 25, 2016

County Bank, the holding company for the $324 million-asset Lapeer County Bank & Trust, said in a press release that it will pay $20 million, or $27 a share, in stock for the parent of the $245 million-asset CSB Bank.

Michigan 28

Michigan Company Community Bank Community 28

American Banker

DECEMBER 2, 2016

is the latest banking company to outline plans to sell common stock. Fentura Financial in Fenton, Mich.,

Michigan 28

Michigan Company Community Bank Community 28