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Many credit unions recorded 2015 loan growth in the double digits, said Kenley Penner, a partner and the head of Plante Moran PLLC’s credit union practice. Penner attributes the results and lending growth to a “relatively strong” housing market that’s driving mortgage originations, coupled with strong sales volumes for both new and used vehicles.

Published in Finance

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

Published in Finance
Sunday, 16 September 2012 17:51

Credit unions get OK for equity, VC investing

Small businesses across Michigan could soon have a new source to tap for investment capital: credit unions.

Published in Finance
Friday, 16 March 2012 08:56

Credit unions mergers to continue

As the banking industry enters another era of mergers and acquisitions, Michigan credit unions continue the steady consolidation trend that has been occurring for more than a decade, though at a slightly slower rate the last two years.

Published in Finance

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