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The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.March 9
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The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich.February 4
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The company will pay $29 million for a bank located northwest of Grand Rapids.January 6
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Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.December 27
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The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.December 9
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While digital channels are becoming more popular, many banks remain committed to highway advertising.December 5
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Credit unions and banks in the Great Lakes State could soon offer driver's license renewal and related services.November 4
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Tom Lopp will succeed Gary Judd at the end of November.October 18
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The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.September 20
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The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.September 18
