Honor Credit Union to merge with smaller Michigan CU

American Banker

Credit unions M&A Michigan

Michigan Passes Self-Driving Regulations

PYMNTS

9), Michigan became the first state in the union to pass statewide, comprehensive self-driving vehicle regulations that allow autonomous vehicles to drive … well, autonomously. Michigan, the legacy home of the nation’s auto industry, now leads the nation in autonomous vehicle policy, says Recode — ahead of Florida, California and a few others with some current legislation. As of now, only motor vehicle manufacturers can operate self-driving car networks in Michigan.

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Michigan Gov Whitmer Extends SNAP Use To Local Restaurants, Shops

PYMNTS

The program authorizes the Michigan Liquor Control Commission (MLCC) to offer a spirits cash buyback to liquor licensees whose businesses have been affected by executive orders relating to the pandemic. Coronavirus michigan News Restaurants Snap stimulus What's Hot

Coronavirus Refunds: Michigan Tells Auto Insurers To Offer Reimbursements, Waivers

PYMNTS

And Michigan is asking insurance companies to provide reimbursements or waivers to auto insurance policyholders. Coronavirus Auto Insurance Gretchen Whitmer insurance rates michigan News pandemic

Unemployment Fraud In Michigan Could Bump Legit Jobless Claims

PYMNTS

Unemployed Michigan residents ought to be wary of a scam in which fraudsters are using stolen personal information to apply for unemployment benefits, according to Michigan-based news site MLive.com. Michigan has reported 1.65

Coronavirus Refunds: Michigan Blue Cross Blue Shield Refunds $100M As Lockdown Slashes Medical Claims

PYMNTS

Blue Cross Blue Shield of Michigan and Blue Care Network plan to give back over $100 million to fully insured clients in 2020, according to an announcement. Healthcare Blue Care Network Blue Cross Blue Shield of Michigan Insurance News refunds What is Healthcare

Horizon Bancorp bulking up in Michigan with branch deal

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M&A Michigan Community banks Huntington Bancshares

Coronavirus Refunds: University Of Michigan Provides Reimbursement, Credit And Donation Options To Season Ticket Holders

PYMNTS

The athletic department of the University of Michigan , in one case, unveiled its ticket policies for its 2020 football season, noting that there would not be season tickets this year, according to an announcement.

Michigan credit unions rebrand after merger

American Banker

Credit unions M&A Branding MichiganThe name change, which will take effect Jan. 1, comes following the merger of CP Financial and Washtenaw Federal Credit Union.

Giving The Gift Of Michigan With Curated Boxes

PYMNTS

It’s all “nice, local, Michigan-made food products,” Founder Cory Wright told PYMNTS in an interview. The big draw, Wright said, is that someone has to have some type of allegiance to Michigan. Mitten Crate has also found that college students attending University of Michigan may have developed an allegiance to the state, and may want to share local gifts with their families. Retail ecommerce gift boxes gifts michigan Mitten Crate News subscriptions

CEO of Members First Credit Union in Michigan retiring

American Banker

Credit unions Michigan

US Senators Press For Cash Airline Refunds; Michigan To Provide Season Ticket Refunds

PYMNTS

The University of Michigan will give a complete refund to season ticket holders in case the college football season is called off because of the coronavirus crisis, All About Ann Arbor reported. Coronavirus airline COVID-19 michigan News refunds season tickets sports tickets

Michigan Approves Charter For First LGBT Credit Union

PYMNTS

Michigan has approved a charter for a new financial institution designed for LGBT customers. We’ve been working with, and will continue to work with, the community to improve economic equality by removing the risks of intolerance and discrimination in banking services that continue to plague the community in different forms … We are extremely appreciative to the Michigan DIFS for its efforts on our application and the signing of the executive order to form Superbia Credit Union.”.

Michigan Schools and Government Credit Union Adds 23-Month CD Special

BankDeals

Michigan Schools and Government Credit Union has added a competitive 23-Month CD Special to its statewide product line. 500 minimum opening deposit

Coronavirus scuttles bank merger in Michigan

American Banker

M&A Coronavirus Michigan Community banksArbor Bancorp and FNBH Bancorp said the pandemic had created uncertainty about the regulatory process for securing approval for the deal.

United Federal Credit Union in Michigan buying Arkansas branch

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Arkansas Credit unions Branch network Michigan Branch deals

Merger to expand Community Choice's foothold in western Michigan

American Banker

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

Michigan's Financial Plus approved for statewide field of membership

American Banker

Credit unions Growth strategies Michigan Field of membershipThe Flint-based credit union is the state's third in just over one year to get the OK for an expansion allowing anyone who lives or works in the state to join.

Need a Lyft to the polls? Michigan Legacy has it covered.

American Banker

Elections Election 2020 Michigan LyftThe Detroit-area credit union is offering consumers within five zip codes free trips to voting sites on Election Day.

Michigan's CP Financial takes more steps to bolster growth

American Banker

Consolidations M&A Growth strategies Michigan Field of membershipHaving already changed charters for a statewide field of membership, the Jackson, Mich.-based based institution will now merge with Washtenaw Federal Credit Union.

Community Financial Credit Union in Michigan names new CEO

American Banker

Credit unions Industry News Succession planning

Leader of Michigan community bank abruptly resigns

American Banker

Revenue and expenses Michigan Succession planning RecruitingThomas 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.

DFCU Financial in Michigan hires new CEO

American Banker

Credit unions

MSUFCU hits $6B of assets with more growth planned

American Banker

Credit unions Earnings Michigan

Michigan Legacy calls timeout on sports betting

Payments Source

AML Risk management Credit unions Consumer banking

Michigan Legacy calls timeout on sports betting

Payments Source

AML Risk management Credit unions Consumer banking

Michigan State Univ Federal Credit Union Jumbo 5-Yr CD Is Rate Leader

BankDeals

Michigan State University Federal Credit Union (easy membership) has raised the rate on its 5-year Jumbo CD ($100k min) to a very competitive level

Mercantile in Michigan expands mortgage business to Cincinnati

American Banker

Mortgages Growth strategies Michigan Hiring Community banksThe company is looking to tap into a surge of homebuying tied to historically low interest rates.

Court ruling forces Michigan Legacy to scrap Lyft rides for Election Day

American Banker

Elections Election 2020 Credit unions Michigan Lyft Law and regulationAn appeals court upheld an 1895 state law that bars paying for rides to voting sites, a move one observer suggested is part of a broader partisan fight to impact voter turnout.

Michigan Legacy calls timeout on sports betting

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AML Risk management Credit unions Consumer banking

ChoiceOne to enter new Michigan markets with Community Shores deal

American Banker

Community banking M&A Growth strategies MichiganThe company will pay $29 million for a bank located northwest of Grand Rapids.

Two Michigan credit unions to merge

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Credit unions

Perficient Colleague Fights Food Insecurity in Mr. Pleasant, Michigan Community

Perficient

Pleasant, Michigan Community. Life at Perficient Company Culture culture food Giving Back Global make a december difference Michigan philanthropy technical architect Work Life Balance

CEO of Community Financial Credit Union in Michigan to retire

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Credit unions Industry News

CEO of Vibe Credit Union in Michigan to retire

American Banker

Industry News Credit unions