SPARTA — ChoiceOne Financial Services Inc. wasn’t actively looking to do another deal, but the parent company of ChoiceOne Bank saw an opportunity with Community Shores Bank Corp. that was too good to pass up.
GRAND RAPIDS — Nonprofits LINC Up and Dwelling Place, along with general contractor Orion Construction Co. Inc., broke ground today on the second phase of an affordable housing development in Grand Rapids’ Garfield Park neighborhood.
Commercial bankers say clients’ demand for credit remains strong, although borrowers in West Michigan are carefully watching what’s ahead for the economy.
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.
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.
Everybody knows the U.S. economic expansion that’s approaching a decade in duration will eventually come to an end. When that dip will actually occur remains the unknown, as assorted economic outlooks continually predict slower growth ahead, but stop short of forecasting an outright recession.
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?
Red Cedar Investment Management LLC has relocated to Grand Rapids after landing a veteran investment team that has ambitious growth plans for the firm.
The Hinman Co. is expanding its property holdings with the acquisition of a downtown Kalamazoo building.