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Displaying items tagged: Lake Michigan Credit Union

Sunday, 03 April 2016 15:54

MiBiz Growth Report: April 4, 2016

Here is the MiBiz Growth Report for April 4, 2016:

• M&A: Cuyahoga Falls, Ohio-based Americhem Group acquired Vi-Chem Corp. of Grand Rapids, according to a statement. Vi-Chem is a supplier of plastic compounds for injection molding, extrusion and blow molding applications. Its customers include companies in the automotive, medical and industrial sectors. Terms of the deal, which closed March 18, were not disclosed. Americhem, a manufacturer of color and additive plastic compounds for the polymer industry, will maintain Vi-Chem’s Grand Rapids operations, where the company employs 85 people. 

Published in Breaking News
Tuesday, 29 March 2016 11:14

Two West Michigan credit unions ranked among top 50 in nation

Lake Michigan Credit Union in Grand Rapids and Kalamazoo-based Consumers Credit Union ranked among the 50 best-performing credit unions in the U.S. for 2015.

Published in Breaking News
Thursday, 24 March 2016 09:58

Lake Michigan Insurance Agency acquires Traverse City agency

Lake Michigan Insurance Agency of Grand Rapids has added to its geographic service area with the acquisition of Traverse City-based Bonner Insurance Agency Inc.

Published in Breaking News

Sunday, 21 February 2016 22:23

West Michigan credit unions report growth in business lending for 2015

Many credit unions recorded 2015 loan growth in the double digits, said Kenley Penner, a partner and the head of Plante Moran PLLC’s credit union practice. Penner attributes the results and lending growth to a “relatively strong” housing market that’s driving mortgage originations, coupled with strong sales volumes for both new and used vehicles.

Published in Finance
Friday, 08 January 2016 12:01

Lake Michigan CU, United Federal CU decide not to merge

A mega merger of two West Michigan credit unions has been called off. Instead of joining operations, Lake Michigan Credit Union in Grand Rapids and St. Joseph-based United Federal Credit Union will remain independent entities.

Published in Breaking News
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