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Michigan University’s Consumer Survey Shows Continued Economic Rebound 

PYMNTS

1-10 survey of American consumers by the University of Michigan show an unexpected upturn, with respondents anticipating larger income gains and lower inflation during the year ahead, the University of Michigan reported on Friday (Oct. The final University of Michigan Consumer Sentiment Index for September rose month over month to 93.2

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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. When people try a crazy recipe for a hot sauce that uses locally grown peppers or other high-end ingredients and put it next to a regular national brand, “it doesn’t even compare,” Wright said.

Michigan 129
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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. As of now, only motor vehicle manufacturers can operate self-driving car networks in Michigan. On Friday of last week (Dec.

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MiHC La Puerta Portal Opens the Door to Success for Hispanic Students in Detroit

Perficient

Perficient is pleased to announce, along with the Michigan Hispanic Collaborative (MiHC), the enhanced availability of the La Puerta portal. The Michigan Hispanic Collaborative’s goal to improve the economic strength of the Hispanic community in Michigan. ” In Michigan, only 15.7%

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OCC Releases Community Reinvestment Act (CRA) Evaluations

Perficient

Security National Bank. First Texoma National Bank. First National Bank of Decatur County. First National Bank of Kemp. First National Bank of Michigan. The Conway National Bank. Santander Bank, National Association. Community National Bank & Trust. BOKF, National Association.

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Virginia community banks merge, Michigan credit union acquires bank

American Banker

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

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Study of Illinois 36% interest rate cap finds reduced access to credit

CFPB Monitor

In recent blog posts, we discussed the efforts of both Michigan and New Mexico to impose a 36% annual interest rate cap. Last year, Congress took up the discussion of a national 36% annual interest rate cap. Over the past few years, numerous states have imposed interest rate caps on consumer credit. Continue Reading