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Displaying items tagged: West Michigan Community Bank

Sunday, 10 October 2021 17:30

New customers, federal relief programs drive growth in bank deposits

Some of the smallest banks in Michigan’s market recorded the biggest growth rates in deposits during a recent 12-month period of the COVID-19 pandemic.

Published in Finance
Sunday, 16 August 2020 18:10

Consumers CU plans further growth in GR, lakeshore markets

The opening of a new branch in Wyoming and construction of another office in Walker are part of a broader regional growth plan for Consumers Credit Union.

Published in Finance
Tuesday, 04 August 2020 14:55

West Michigan Community Bank continues Grand Rapids-area expansion

West Michigan Community Bank has extended its Grand Rapids-area footprint with a new office in Grand Rapids Township.

Published in Finance

Sunday, 26 April 2020 17:26

Lakeshore retailers adapt, move online as some scramble to stay afloat

As the owner of longtime downtown Grand Haven retailer Down To Earth, Sholeh Veiseh has turned to hosting virtual fashion shows and offering sales on social media to bring in some revenue during the coronavirus closure.

Published in Small Business
Sunday, 26 April 2020 13:49

Holland/Zeeland loan program shows how nonprofits are getting creative during pandemic

Mike Goorhouse isn’t a banker, but the coronavirus pandemic has him thinking like one.

Published in Nonprofits
Wednesday, 18 March 2020 10:14

Some West Michigan banks close lobbies in response to COVID-19

Two locally-based banks — Mercantile Bank and West Michigan Community Bank — plan to close the lobbies of bank branches to customers starting Wednesday.

Published in Finance

Wednesday, 24 July 2019 11:05

West Michigan Community Bank to open new Grand Rapids office

GRAND RAPIDS — West Michigan Community Bank plans to open a new regional office in Grand Rapids Township.

Published in Finance
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
Sunday, 07 July 2019 19:00

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.

Published in Finance

Sunday, 06 January 2019 21:11

West Michigan Community Bank raises $8 million to support growth

The $8 million in capital West Michigan Community Bank just raised will go to support further growth and perhaps develop another branch location in the Grand Rapids area.

Published in Finance
Sunday, 23 December 2018 16:53

Crystal Ball 2019 Finance Outlook: More interest rate hikes expected for 2019

Interest rates likely will rise again in 2019. How much and how often remains the question following the latest quarter-point increase in the federal funds rate last week by the Federal Open Market Committee (FOMC), which for two years has been raising interest rates from historic lows reached a decade ago during the Great Recession.

Published in Finance
Saturday, 26 May 2018 14:20

United Bank to Open Downtown GR Branch

GRAND RAPIDS — United Bank will become the latest entry into the downtown banking market with the planned opening of a new office later this year.

Published in Finance

Sunday, 07 January 2018 00:40

Community banks eye growth with stronger Grand Rapids presence

HUDSONVILLE — After assembling a team of veteran commercial lenders, West Michigan Community Bank is putting more focus on growing in the greater Grand Rapids area.

Published in Finance
Sunday, 25 June 2017 20:00

West Michigan bankers hopeful for improving — if not repealing — Dodd-Frank

Bankers in West Michigan and nationwide could get some regulatory relief this year.

Published in Finance
Sunday, 10 July 2016 13:31

Banks feel the talent gap: Hiring curbed by gutted training programs, lack of interest among younger generations

Bankers say they hear it regularly from their clients: It’s gotten awfully hard to find good talent these days.

Published in Finance