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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

The consolidation trend among Michigan credit unions remained strong in 2017, leading to a further reduction in the number of institutions in the state.

Published in Finance

GRAND RAPIDS — Michigan State University Federal Credit Union’s plan for a downtown office brings another player into the market as Michigan credit unions enjoy a period of strong growth.

Published in Finance

Chris Mason and his partners wanted to use a local lender when they sought a loan to start their business in Stevensville, just north of the Indiana border in Berrien County. 

Published in Finance

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

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

The massive security breaches that compromised credit and debit card data for millions of holiday shoppers across the U.S. last year prompted a push for improving payment systems and tightening regulations.

Published in Finance
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