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A pair of initiatives across Southwest Michigan have a similar goal: supporting entrepreneurs starting small businesses in their respective cities and urban cores. 

Published in Finance

OSHTEMO TOWNSHIP — Years of sustained growth has Advia Credit Union planning to develop a new corporate office.

Published in Finance

Two pending deals where West Michigan-based credit unions are buying small community banks follow an emerging trend nationally.

Published in In the News
Sunday, 22 January 2017 17:09

MiBiz Growth Report: Jan. 23, 2017

Here is the MiBiz Growth Report for Jan. 23, 2017.

• M&A: Bryan Betten and Chris Baker, two veteran West Michigan dealership executives, have acquired Grand Chrysler Dodge Jeep Ram in Lowell from former owner Harvey Koning. Betten-Baker is in the process of acquiring the remaining Grand Auto Family Services Inc. dealerships owned by Koning, which include facilities in Grandville, Allegan and Lowell, said Pete Ricards, division director at Betten-Baker. The company also is acquiring a Big Rapids-based GMC dealership from Gary Trimarco Automotive group, but is waiting on manufacturer approval from General Motors to complete both deals. 

Published in In the News

Advia Credit Union plans to buy a Wisconsin bank.

Published in In the News

Credit unions across Michigan have enjoyed strong growth in recent years.

Published in Finance

Updates to a Michigan law now allow credit unions to branch into new services while streamlining their state regulatory burden.

Published in Finance

PARCHMENT — Advia Credit Union’s proposed acquisition of Mid America Bank, a small community bank in southern Wisconsin, is the kind of deal that occurs infrequently in the financial services industry.

Published in Finance

Commercial lending by credit unions could get a boost through an agreement between two federal agencies that would increase access to credit for small businesses.

Published in Finance

The proposed combination of two Southwest Michigan credit unions furthers a steady consolidation trend in the industry that’s been occurring for several years.

Published in Finance

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