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Displaying items tagged: banking

Tuesday, 20 July 2021 12:15

Mercantile Bank more than doubles quarterly earnings as lending remains strong

GRAND RAPIDS — Mercantile Bank Corp. more than doubled earnings for the second quarter as growth in commercial and residential mortgage lending remained strong.

Published in Finance
Wednesday, 16 June 2021 17:09

Lake Michigan Credit Union continues Florida expansion with planned acquisition

Lake Michigan Credit Union will gain a larger presence along Florida’s Gulf Coast with the acquisition of a community bank.

Published in Finance
Thursday, 10 June 2021 12:26

United Bank plans first lakeshore branch in Holland

United Bank of Michigan plans to expand to the lakeshore market with the opening of a branch office next year in Holland.

Published in Finance

Tuesday, 08 June 2021 13:02

Consumers Energy to sell bank subsidiary in $960 million deal

JACKSON — CMS Energy Corp. plans to sell a Utah-based bank that specializes in home improvement lending nationwide.

Published in Finance
Friday, 28 May 2021 10:07

Honor Credit Union to add Wyoming office after ATL acquisition

Honor Credit Union will add an office in the Grand Rapids area with the planned acquisition of the smaller ATL Federal Credit Union.

Published in Finance
Friday, 30 April 2021 11:23

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.

Published in Finance

Wednesday, 28 April 2021 10:46

Independent Bank quarterly earnings soar with strong mortgage market

GRAND RAPIDS — Independent Bank Corp.’s first quarter soared from a year earlier, driven in part by a strong mortgage market.

Published in Finance
Friday, 23 April 2021 10:15

Macatawa Bank Q1 gains spurred by mortgages

HOLLAND — Macatawa Bank Corp. reported higher earnings for the first quarter as gains on mortgages tripled from a year earlier and more than offset lower interest income.

Published in Finance
Wednesday, 21 April 2021 17:32

Community Shores acquisition helps boost ChoiceOne’s Q1 earnings

SPARTA — ChoiceOne Financial Services Inc.’s quarterly earnings nearly doubled from a year earlier following an acquisition last fall.

Published in Finance

Tuesday, 20 April 2021 10:54

Mercantile Bank reports ‘extremely strong’ start to 2021

GRAND RAPIDS — Strong income from mortgage lending helped to push Mercantile Bank Corp.’s earnings higher for the first quarter.

Published in Finance
Thursday, 08 April 2021 21:04

First National Bank names new Grand Rapids market president

First National Bank of Michigan has named Mike Hollander as Grand Rapids market president.

Published in Finance
Thursday, 28 January 2021 14:27

Mortgages help boost Independent Bank earnings in 2020

Independent Bank Corp. posted strong earnings growth during 2020 based in part on a strong mortgage pipeline and despite pandemic-related challenges.

Published in Finance

Monday, 25 January 2021 12:52

Huntington Bank to close 97 in-store branches at Meijer locations as part of TCF acquisition

Huntington Bancshares Inc. intends to close 198 branch offices — about half of which are based in Meijer Inc. stores in Michigan — after completing the proposed $22 billion acquisition of Detroit-based TCF Financial Corp.

Published in Finance
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