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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

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

Published in Finance

Mark Kolanowski assumes the chairmanship of the Community Bankers of Michigan as consolidation in the industry begins to pick up, driven by the rising costs of complying with federal regulations enacted from the 2008 financial crisis and the current period of “tepid” economic growth.

Published in Finance

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