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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.

Published in Finance

Executives at banks and credit unions across Michigan found common ground in advocating for legislation to ease federal regulations they say hurt smaller financial institutions and their ability to lend.

Published in Finance

More bank branches closed in Michigan than in 45 other states in the years following the most recent financial crisis.

Published in Finance

Banks and credit card companies think they should be the ones who select the best technologies to combat fraud, not the state Legislature.

Published in In the News

Legislation pending in Lansing would update and streamline state regulations over Michigan credit unions and potentially enable them to expand services.

Published in Finance

Credit unions would have greater flexibility in how they structure business loans if a proposed change in federal regulations takes effect as written.

Published in Finance

Priority Health’s partnership with the trade association representing banks across Michigan potentially provides a model the insurer could use in the future when making similar arrangements with other organizations.

Published in Health Biz

As crowdfunding unfolds as an alternative for small businesses to raise startup funding, bankers are examining the role they can play in a new era of capital formation.

Published in Finance

Michigan’s lawmakers approved crowdfunding less than 90 days ago. Now they want to authorize stock exchanges. As legislators rush to position the state as a pioneer in equity crowdfunding, experts say there are lots of unanswered questions for business owners and investors.

Published in Finance

LANSING — The idea isn’t to do more regulation, Kevin Clinton says, but to advocate for the growing financial services and insurance industries in Michigan.

Published in Finance

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