In the 12-month period from June 2017 to June 2018, Commerce Bank’s outstanding commercial loan balances in West Michigan grew by 100 percent.
Among the commercial and industrial borrowers at Lake Michigan Credit Union, about one-third are expanding or buying new equipment that’s needed to grow their businesses.
GRAND RAPIDS — A strong marketplace combined with recent consolidation involving community banks lured Level One Bank from its base in suburban Detroit to the Grand Rapids market.
Moving outside of its Detroit-area market for the first time, Level One Bank plans to enter the Grand Rapids area.
GRAND RAPIDS — Commerce Bank has moved into West Michigan, seeking to carve out a role in the middle market.
St. Louis, Miss.-based Commerce Bank has announced plans to enter Michigan with a Grand Rapids office.