Displaying items by tag: Honor Credit Union
Here is the MiBiz Growth Report for June 6, 2021.
Honor Credit Union will add an office in the Grand Rapids area with the planned acquisition of the smaller ATL Federal Credit Union.
SCOTTS — The owners of a Southwest Michigan meat processing company and cattle operation say the businesses have fallen victim to the tight credit market brought on by the COVID-19 pandemic.
The sheer volume of small businesses that have sought federal relief loans illustrates the depth and scope of the economic pain brought on by the COVID-19 pandemic.
PORTAGE — Kenneth Leonard and Ryan Reffitt originally set out to provide small banks and credit unions across Michigan with underwriting and other support services for writing business loans.
Seven credit unions in Michigan plans to open a new trust bank late in the first quarter of 2019 after receiving approval from state regulators.
The proposed formation of a trust bank by seven Michigan credit unions gives new fodder to a long-standing battle in the financial services industry.
Honor Credit Union’s proposed acquisition of Citizens State Bank of Ontonagon has been cancelled, according to a report.
Two pending deals where West Michigan-based credit unions are buying small community banks follow an emerging trend nationally.