Michigan

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

Chemical Financial and Fidelity Southern are the latest banks to curtail auto lending, blaming trends in auto sales and overheated competition.

The new institution will be the result of a merger between Newaygo County Service Employees CU and Rogue River Community CU.

Chemical Financial's decision to shutter nearly 40 branches and cut more than 200 jobs is a result of improved technology and an effort to become more efficient after years of pursuing acquisitions.

The Michigan company said the branch closures will save it $20 million a year. It also plans to devote fewer resources to indirect auto, where returns have trailed other lending categories.

Lake Michigan Credit Union’s deal for Encore Bank would give it a total of 10 branches on the Florida Gulf Coast.

The Michigan company's profit benefited from a larger balance sheet and a reduction in merger-related expenses.

The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses.

LeDu has formerly dealt with compliance matters for the Michigan Credit Union League, CU Solutions Group and more.

Tiny Kalamazoo Building Trades CU will merge into KALSEE Credit Union following its CEO's retirement and losses of more than $50,000 for each of the last two years.

Lansing, Mich. is working with area financial institutions -- including a local credit union -- to open accounts for people coming out of prison.

Lansing, Mich., is working with area banks to open accounts for people coming out of prison.

Credit union in the Great Lakes State saw continued improvement in the first quarter of 2017 as the state added more than 10,000 jobs and unemployment continued to decline.

Chemical Financial was caught off guard by CEO David Ramaker's decision to retire. Fortunately, Chemical had retained Talmer Bancorp CEO David Provost after buying his bank a year earlier.

David Provost will succeed David Ramaker as the Michigan company's CEO. Provost ran Talmer Bancorp, which Chemical bought last year.

The Indiana company will pay $92 million for Wolverine Bancorp

At the Michigan Credit Union League’s annual conference, PayPal CEO Dan Schulman offered an overview of cyberthreats while praising the movement – an industry he considers a partner, rather than a competitor.

The $19 million CU entered into conservatorship in August 2016

In addition to 11.5 percent loan growth and membership rising at its fastest rate since 1987, membership at Michigan's CUs is growing faster than the state's population.

The credit union's expanded FOM will cover multiple counties and townships.