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.
West Michigan bankers react to potential for Fed rate decreases
After issuing a steady string of interest rate increases over the last three years, the Federal Reserve could start lowering rates again in the coming months in a move to keep the economy growing, making borrowing a little cheaper for businesses.
Q&A: Jeffrey Korzenik, Chief Investment Strategist and Senior Vice President, Fifth Third Bank
Jeff Korzenik became interested in how businesses can successfully hire ex-offenders “almost by accident.” He credits sending his children to public magnet schools in Chicago with opening his eyes to the challenges different groups of people face.
Returning Citizens – More Than a Workforce
It’s no secret: West Michigan companies need to find a deeper pool of talent. For businesses, the questions are always the same: Where do we find them? How do we attract them? Who will train them? How do we keep them?
Hinman to acquire Fifth Third Bank building in downtown Kalamazoo
The Hinman Co. is expanding its property holdings with the acquisition of a downtown Kalamazoo building.
Crystal Ball 2019 Economic Outlook: National economy enters late states of expansion, economists say
Robert Dye views 2019 as a “transitional year” for the U.S. economy as a trio of forces align to moderate growth during the year.
Q&A: Greg Carmichael
Chairman, President and CEO, Fifth Third Bancorp Inc.
Legacy Trust capitalizes on opportunity to expand staff
GRAND RAPIDS — Believing that bringing aboard good talent can contribute to driving growth, Legacy Trust CEO Tracey Hornbeck opted to expand the firm’s reach when seeking to add a wealth management adviser.
Despite growth, more angel investors needed in state
Michigan has more angel investors than ever who invest in startup companies, but Skip Simms believes that’s still not nearly enough.
MiBiz Growth Report: Feb. 19, 2018
Here is the MiBiz Growth Report for Feb. 19, 2018:
• M&A: Great Lakes Scrip Center Inc., a West Michigan-based provider of gift cards for fundraising, was acquired by Minneapolis, Minn.-based Bold Orange, a recently formed marketing firm. Over 23 years, Great Lakes Scrip Center has worked with more than 48,000 organizations to raise $680 million. The company last spring acquired The Manna Group in Palatine, Ill. and was the largest gift card company in the nation. Local operations at Great Lakes Scrip, which employs about 90 people, will continue “business as usual,” said Jill Whalen, vice president for retail operations.