Union representation at LMCU branch ends after tie vote
A tie vote ended union representation for staff at a Lake Michigan Credit Union branch in Wyoming.
A little more than a year after workers...
Old National Bank announces Michael Chaffin as Market President
Old National Bank announces that Michael Chaffin has joined the team as Market President, West Michigan. He will direct the community and team member...
M&A Deals and Dealmakers Awards 2024
The M&A Deals and Dealmakers Awards is back for its 11th year in West Michigan, and its first time under the Crain’s Grand Rapids...
3 Michigan independent insurance agencies sell to global brokerage group
A top 10 global insurance brokerage and financial services group based in Chicago has acquired one independent insurance agency in Grand Rapids and two...
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FNBA announces Angie Hanks as Branch Manager
FNBA is excited to announce that Angie Hanks has joined our Grand Rapids branch, assuming the role of Branch Manager. Angie has a very...
Demand for credit should hold steady even as interest rates dip, commercial lenders say
As worries about a recession waned over the last few months, the key question turned to when the Federal Reserve may begin lowering interest...
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Michelle Van Dyke to join Legacy Trust Board of Directors
Legacy Trust of Grand Rapids has appointed Michelle Van Dyke to its Board of Directors. Van Dyke is the President/CEO of Heart of West...
Private equity deals should heat up as interest rates start to ease, M&A experts...
Private equity deals should pick up later this year as the cost of credit begins to decline.
That’s one of the insights a panel...
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Benjamin VanDerWeide lll joins Live Oak Bank as VP of Small Business Lending
Benjamin VanDerWeide III joined Live Oak Bank in 2024 as vice president of small business lending. Benjamin has been involved in commercial, business, and...
Michigan’s largest credit union expands on the lakeshore
Lake Michigan Credit Union expanded its footprint in the lakeshore market with the opening of a new office in North Muskegon.
The Holton Road location...
Gordon Food Service taps company veteran as new CFO
Gordon Food Service Inc. this week named company veteran Ryan Fischer as its next chief financial officer.
Fischer succeeds Jeff Maddox, who retired after 20...
These 2 families are Michigan’s richest, according to Forbes
On Forbes’ ranking of the 44 American family dynasties that can lay claim to being worth $10 billion or more, two Michigan families are...
Sturgis Bank completes leadership transition as longtime CEO retires
Sturgis Bancorp Inc. ended an 18-month leadership transition with the retirement of CEO Eric Eishen.
In retiring after 45 years with Sturgis Bank, Eishen ended...
West Michigan banks eye steady business loan growth for 2024
Banks in West Michigan generally ended 2023 with solid commercial loan growth, even with higher interest rates and lingering concerns from a challenging economic...
State warns businesses of potential scams targeting Corporate Transparency Act compliance
Businesses beware: A letter in your inbox that offers assistance to comply with a new federal law may turn out to be a scam,...
Advia Credit Union to acquire Illinois bank
Advia Credit Union plans to expand further in Illinois with the acquisition of a Chicago-area bank.
The Oshtemo Township-based Advia Credit Union has signed a...
Why Fifth Third Bank’s top West Michigan exec expects ‘not great, but not terrible’...
Veteran West Michigan banker Tom Welch expects West Michigan’s economy to track with the overall U.S. economic performance this year.
The regional president for Fifth...
Grand Rapids CPA firm completes merger integration with rebranding to Doeren Mayhew
The Grand Rapids accounting and advisory firm formerly known as Beene Garter began 2024 with a new name.
The firm rebranded Jan. 1 and took...
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Michael Kozak Takes the Helm as EVP, Chief Lending Officer
Union Bank is pleased to announce Michael Kozak as the Executive Vice President, Chief Lending Officer. With 30+ years of banking expertise, Kozak will...
Venture capital investments in Michigan companies fall again in 2023
Venture capital investing dipped in Michigan in 2023, trailing a sharp national decline in deal volume and the amount of funds invested.
Last year, venture...