Michigan

Small Michigan CU will merge into BlueOx Credit Union of Battle Creek.

For two weeks only, Michigan State University FCU used a holiday pop-up shop to test a new way to boost awareness of the credit union.

The company agreed to buy TCSB Bancorp, the parent of Traverse City State Bank, for $63 million.

The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.

Stephen Grech takes the reins at Monroe County Community, following former CEO Mike Newman's death earlier this year.

Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.

The Michigan company's third-quarter results were down slightly from a year earlier despite increased commercial lending and a wider net interest margin.

The aid helps credit unions create community reinvestment and financial education initiatives.

After years of traditional job shadowing, a new initiative gives back office staff a taste of the challenges associated with member-facing positions.

The Michigan credit union's Passion Project gives employees the opportunity to connect with their community, as well.