Displaying items tagged: Edgewater Bank
Edgewater Bank, UFCU complete merger
ST. JOSEPH — Edgewater Bank branches become part of United Federal Credit Union next week following federal regulatory and shareholder approvals of a merger between the two.
Commercial lenders discuss effects of pandemic on West Michigan businesses, banking industry
Bankers across the region have been focused on working with small business clients to secure loans from the federal Paycheck Protection Program, as well providing payment deferrals and adjusting loans for business borrowers hit hard by the COVID-19 pandemic.
Amid economic concerns, borrowing remains strong for short-term projects
Commercial bankers say clients’ demand for credit remains strong, although borrowers in West Michigan are carefully watching what’s ahead for the economy.
West Michigan bankers react to potential for Fed rate decreases
After issuing a steady string of interest rate increases over the last three years, the Federal Reserve could start lowering rates again in the coming months in a move to keep the economy growing, making borrowing a little cheaper for businesses.
Four West Michigan bankers offer perspectives on commercial lending
Rising interest rates won’t lead to change in how banks underwrite credit, although business borrowers need to monitor their effects if they opt for a variable-rate commercial loan.
New Fremont office could open growth opportunities for Edgewater Bank
FREMONT — The planned opening of a loan office in Fremont could lead to other locations in West Michigan for Edgewater Bank.
MiBiz Growth Report: June 11, 2018
Here is the MiBiz Growth Report for June 11, 2018: