Displaying items tagged: Grand River Bank
Grand River Bank taps Drew Ysseldyke as next president
GRANDVILLE — Drew Ysseldyke seized an opportunity to return to his community banking roots in joining Grand River Bank.
New customers, federal relief programs drive growth in bank deposits
Some of the smallest banks in Michigan’s market recorded the biggest growth rates in deposits during a recent 12-month period of the COVID-19 pandemic.
MiBiz Growth Report: April 25, 2021
Here is the MiBiz Growth Report for April 25, 2021.
SBA simplifies PPP loan forgiveness process
As clients began reaching out in recent weeks to gather documents and apply for forgiveness of their federal Paycheck Protection Program loans from last year, executives at Level One Bank urged them to wait.
MiBiz Growth Report: August 16, 2020
MiBiz growth report for August 16, 2020.
Independent Bank raises $40 million through debt offering
GRAND RAPIDS — Independent Bank Corp. raised $40 million in a debt offering that comes amid the economic downturn and uncertainty from the COVID-19 pandemic.
Parent company of Grand River Bank plans $7.5M raise to ‘buttress’ existing resources
GRANDVILLE — The parent company for Grand River Bank wants to raise $7.5 million to provide a cushion for the economic downturn brought on by the COVID-19 pandemic.
Grand River Bank expands with east side location in GR
GRAND RAPIDS TOWNSHIP — Grand River Bank plans to open a new office on the east side of Grand Rapids by the middle of next year.
Grand River Bank parent company lists shares on OTCQX Best Market
GRANDVILLE — Shares of Grand River Commerce Inc., the parent company of Grand River Bank, began trading today on a financial market operated by OTC Markets Group Inc.
Citing compliance costs, Community Shores Bank to deregister shares with SEC
MUSKEGON — Citing the high cost of complying with public reporting requirements, Community Shores Bank Corp. plans to deregister its shares with federal securities regulators.
Grand River Bank completes $14.4M raise to fund continued growth
GRANDVILLE — Grand River Bank’s parent company has raised $14.4 million in new investor capital to support the firm’s continued growth, MiBiz has learned.
Federal regulators ease burden to launch new banks
When Mike Price and his colleagues formed Mercantile Bank Corp. nearly 20 years, they faced a vastly different landscape versus what exists today.