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Displaying items tagged: Chemical Bank

Sunday, 16 August 2020 11:54

MiBiz Growth Report: August 16, 2020

MiBiz growth report for August 16, 2020.

Published in Economic Development
Monday, 10 August 2020 15:26

Chemical Bank offices take on TCF name

Former Chemical Bank offices statewide now carry the TCF National Bank name.

Published in Finance
Thursday, 23 July 2020 16:42

TCF Bank $1B loan program for minority-owned biz to extend into West Michigan

TCF Bank’s pledge to lend $1 billion over five years to minority- and women-owned businesses extends into West Michigan, where the company’s market leader in Grand Rapids says the effort will require leveraging community partnerships.

Published in Finance

Sunday, 07 June 2020 17:45

Restrictions in Fed’s Main Street Lending Program could limit appeal

The Federal Reserve Bank’s $600 billion Main Street Lending Program promises to offer small and mid-sized businesses hurt financially by the COVID-19 pandemic with another option to access credit and operating capital. 

Published in Finance
Sunday, 24 May 2020 18:50

Reporter's Notebook: Banker beware

In a recent conference call, the president and CEO of Detroit-based TCF Financial Corp. — the parent company of what remains known in Michigan as Chemical Bank — voiced a simple ethic that all businesses, no matter their industry or their size, must keep in mind in the COVID-19 pandemic.

Published in Finance
Sunday, 13 October 2019 19:47

M&A Awards: Orion Real Estate Solutions fills landmark downtown Grand Rapids development

On the heels of a range of downtown developments coming online in recent years, Orion Real Estate Solutions saw further demand for Class A office space in Grand Rapids. 


Thursday, 08 August 2019 10:56

Restaurant fills ground-floor space at new downtown Hyatt Place

GRAND RAPIDS  — Orion Real Estate Solutions has filled its developments on Ottawa Avenue with the announcement of ground-floor restaurant Tupelo Honey Southern Kitchen & Bar. 

Sunday, 04 August 2019 17:17

Johnson Center initiative to identify, share best practices for board development

GRAND RAPIDS — The ability of many nonprofits to successfully meet their missions can be directly tied to those who sit on their boards.

Published in Nonprofits
Sunday, 07 July 2019 19:00

‘FLIGHT TO QUALITY:’ Amenity-rich Class A office space still in demand in GR, suburban markets

GRAND RAPIDS — The opportunity to lease brand new office space in the heart of downtown Grand Rapids offered Van Wyk Risk Solutions the chance to grow into a new location. 


Sunday, 07 July 2019 19:00

Amid economic concerns, borrowing remains strong for short-term projects

Commercial bankers say clients’ demand for credit remains strong, although borrowers in West Michigan are carefully watching what’s ahead for the economy.

Published in Finance
Friday, 21 June 2019 11:39

MiBiz Growth Report: June 24, 2019

Here is the growth report for June 24, 2019.

Published in Finance
Friday, 07 June 2019 11:22

Edgewater Bank opens Greenville loan office

GREENVILLE — Edgewater Bancorp Inc. opened a loan office in Greenville after hiring a veteran commercial lender.

Published in Finance

Sunday, 06 January 2019 11:33

M&A Outlook: Despite higher interest rates, M&A advisers remain bullish on deal flow for 2019

Professionals expect a vibrant M&A market and strong deal flow this year amid easing U.S. economic growth and rising interest rates.

Published in Finance
Sunday, 23 December 2018 16:43

Crystal Ball 2019 Outlook Q&A: Krista Flynn, Chemical Bank

Krista Flynn joined Chemical Bank in July as regional president for West Michigan, leading a market that includes Grand Rapids and Holland. She previously spent seven years in corporate banking at PNC Bank and 15 years at JPMorgan before going to work at Chemical, the largest bank based in Michigan. Chemical Bank, with more than $20.9 billion in total assets, has been building its commercial banking and wealth management staff, and is presently building out a new regional headquarters in downtown Grand Rapids. Parent company Chemical Financial Corp. also plans to develop a new corporate headquarters in downtown Detroit.

Published in Finance
Wednesday, 25 July 2018 10:13

Chemical Financial relocates HQ to Detroit from Midland

Chemical Financial Corp. today relocated its corporate headquarters to Detroit.

Published in Breaking News

Tuesday, 24 July 2018 17:09

Flynn to lead Chemical Bank in West Michigan

Chemical Bank hired Krista Flynn as its regional president for West Michigan.

Published in Breaking News
Saturday, 07 July 2018 16:26

Initiatives offer loan assistance for urban small businesses

A pair of initiatives across Southwest Michigan have a similar goal: supporting entrepreneurs starting small businesses in their respective cities and urban cores. 

Published in Finance
Saturday, 09 June 2018 13:17

With new commercial lenders, Chemical Bank targets middle market firms

Seeking to drive growth and reach further into middle market companies across the Midwest, Chemical Bank has steadily added to its roster of commercial bankers since last summer and developed lending specialties. 

Published in Finance

Sunday, 29 April 2018 15:28

Three perspectives on the changing nature of the retail industry

It’s been a tumultuous time for large retailers as consumers gravitate to the convenience of e-commerce and consciously shift their buying habits to local options. As these shifts continue to drive change and stress in the retail industry, many stakeholders still believe it offers significant opportunity. In separate interviews, MiBiz connected with retail advisers to gather their thoughts on the state of the industry, why it’s changing and where it’s going. They were:

Thursday, 14 September 2017 13:14

Chemical Bank to close 25 branches, trim workforce by 7 percent

Chemical Financial Corp. plans to close and consolidate 25 more branches by the end of the year and trim its workforce 7 percent in a cost-cutting initiative that will generate $20 million in annualized savings.

Published in Breaking News
Sunday, 20 August 2017 10:43

Indiana’s Horizon Bank launches private banking service based in Grand Rapids

GRAND RAPIDS — Horizon Bank’s move into the West Michigan market provided an opportunity to launch a private banking service based in Grand Rapids that will eventually extend across the corporation.

Published in Finance

Tuesday, 27 June 2017 16:15

Orion Construction breaks ground on planned Warner Norcross tower

Longtime surface parking lots in the city’s downtown central business district continue to give way to a new, large-scale development.

Published in Breaking News
Wednesday, 21 June 2017 09:09

Ramaker to retire as Chemical Bank CEO in third quarter

David Ramaker plans to retire in the third quarter as president and CEO of Chemical Financial Corp.

Published in Breaking News
Sunday, 11 June 2017 20:16

Apartment concerns aside, commercial real estate outlook remains strong

Stakeholders in West Michigan’s commercial real estate and construction industries remain generally upbeat as they look toward the second half of the year. 


Sunday, 14 May 2017 13:38

New SBA director for Michigan to drive awareness of loan programs

The new head of the U.S. Small Business Administration’s Michigan office believes lending should continue to grow, even as volumes for the agency’s federally backed loans keep moving upward.

Published in Small Business
Saturday, 29 April 2017 06:00

Concern over craft brewery saturation in West Michigan emerges among lenders

ROCKFORD — When Seth Rivard and his partners opened Rockford Brewing Co. in 2012 along the White Pine Trail about 15 miles north of Grand Rapids, they turned to a federal lending program that backs bank loans for small businesses.

Published in Food/Agribusiness
Friday, 28 April 2017 15:42

Chemical Bank plans branch closings

Chemical Bank plans to close or consolidate 16 offices this year throughout Michigan as part of a broader move to trim expenses.

Published in Breaking News

Sunday, 11 December 2016 16:13

Horizon Bank to open downtown Grand Rapids branch

GRAND RAPIDS — Three years after opening a local lending office, Horizon Bank plans to begin developing a branch network in the Grand Rapids market.

Published in Finance
Monday, 29 February 2016 12:53

ChoiceOne to open Grand Rapids lending office

ChoiceOne Bank plans to open a lending office on West Fulton Avenue in downtown Grand Rapids.

Published in Breaking News