BANKING & FINANCE
Private equity, lenders, investments, credit unions and financial planning
A Kalamazoo-based credit union is building its first location in the city of Grand Haven.
A locally based independent insurance agency moved to a larger office space that will allow for better social distancing among staff and clients.
The Dorothy A. Johnson Center for Philanthropy at Grand Valley State University released its fifth annual 11 Trends in Philanthropy report, identifying trends that will shape the philanthropic and nonprofit sectors in the coming months and years.
An improved public health environment and the possibility of higher capital gains taxes will likely drive increased merger and acquisition activity in 2021, according to a Citizens survey.
The Citizens Business Conditions Index showed a second consecutive quarter of economic gains as optimism fueled by COVID-19 vaccine announcements and increased election certainty began to outweigh concerns about spiking pandemic cases.
Tax rates are at a historical low, courtesy of the Tax Cuts and Jobs Act (TCJA) that was signed into law in 2017 by former President Trump. That may change in the near future.
Sungjin Yoo learned early on in life that the devil is in the details — a fact that makes him passionate today about creating legal contracts that minimize risks and errors.
Acrisure is partnering with a celebrity couple to form a joint venture that will focus on the insurance needs of minority-owned businesses and diverse communities in the U.S.
A Kalamazoo-based credit union opened a new branch in Hudsonville.
A local business brokerage saw a flurry of deals close in late 2020.
One year after it was announced, the New Community Transformation Fund has secured $8.5 million from stakeholders looking to invest in Grand Rapids-area companies owned by people of color and is on its way to hitting the $10 million mark.
Comerica Bank’s Michigan Economic Activity Index increased for the fourth consecutive month in October, reflecting improving economic conditions prior to the current surge in coronavirus cases.
A Kalamazoo-based credit union opened a branch in Walker last week.
A new report ranks Kalamazoo and Grand Rapids near the bottom on a list of U.S. cities where Black women are more likely to be more economically empowered and thriving.
A division of TCF National Bank acquired a small-ticket equipment leasing and finance business.
A local financial services firm elected two partners following its recent rebranding.
The name of the West Michigan Whitecaps’ stadium was changed to LMCU Ballpark.
A global insurance brokerage firm is opening a downtown Grand Rapids office and planning to hire 10 employees.
A locally based private equity fund invested in its fifth portfolio company.
Manufacturing growth accelerated in December, according to the Institute for Supply Management’s Purchasing Managers Index (PMI), but an economist who monitors West Michigan said the region is not recovering quite as quickly as the rest of the nation.
What seemed like the last alternative for individuals, doctors and nurses just two years ago has become a lifeline over the last year.
The owner of a trio of companies in the fasteners industry has sold his businesses to a pair of local brothers.
A Grand Rapids-based community bank is donating a historic building it owns in downtown Ionia to the town’s library.
The city of Grand Rapids published the latest comprehensive annual financial report, as well as an easy-to-follow citizen’s guide for the same report.