BANKING & FINANCE
Private equity, lenders, investments, credit unions and financial planning
A new study focusing on the education of preschoolers after providers shut down in-person instruction in March shows a number of negative consequences on early childhood learning.
Michigan will receive the lion’s share of Huntington Bank’s recent $20 billion pledge to its seven-state footprint, and the bank’s West Michigan region president sees it as a fitting move given the level of need.
Real-time payments (RTP), the emerging standard in U.S. billing and payment processing, continues to gain traction among businesses, with over 90% of business leaders reporting interest in the network, according to a new report.
Meijer Inc. is putting $500,000 into operational support and lending capital for the local racial equity lender Rende Progress Capital.
A local bank hired a new vice president and commercial lender.
Castle Brewing Co. in Greenville recently was sold to Big Boiler Brewing in Lowell, according to a statement from Small Business Deal Advisors.
Rende Progress Capital is deploying three more loans through its RACE4Progress Loan Fund for entrepreneurs of color impacted by COVID-19.
Comerica Bank launched a program that will provide free business resources to aid in the pandemic economic recovery for its customers.
Despite challenging business environment, KPMG audit/tax firm finds mostly positive outlook.
The year isn’t even over yet, and Michigan consumers lost nearly $3 million to COVID-19 fraud, a new study found.
A private investment firm with ties to Western Michigan University recently launched a fund that will help aspiring owner-operators acquire small businesses in West Michigan.
An audit, tax and advisory firm appointed a managing partner for the Michigan market.
A local consulting firm says it can help create true diversity, equity and inclusion (DEI) in the talent pipeline through data-driven assessment tools and benchmarking.
A local private equity firm sold its portfolio company Ellison Bakery to another investment firm.
A financial planning firm hired a managing director for its Grand Rapids office.
A manufacturing holding company in Greenville acquired a CNC machining business in Kalamazoo.
Rende Progress Capital is deploying the first five loans in its RACE4Progress Loan Fund for entrepreneurs of color impacted by COVID-19.
Three firms with a West Michigan presence were named among the 50 best U.S. accounting practices that serve the construction industry.
Grandville-based Grand River Bank said it promoted Sandy Cilek to first vice president, relationship executive.
Following a merger between TCF National Bank and Chemical Bank, all of the new entity’s banking centers are now operating under the TCF Bank name, and the Chemical Bank signs have all been retired.
Citizens Business Conditions Index shows stimulus, reopenings eased expected economic impact of COVID-19.
Accounting Today included a pair of financial firms with West Michigan locations to its 2020 list of Top Firms by Assets Under Management (AUM).
The COVID-19 crisis continues to put a strain on the retail real estate market, but some subsectors are thriving in spite — or even because — of it.
A bank based in Hudsonville is opening its seventh location this month.