Michigan

A growing number of credit unions are moving their headquarters to revitalized urban areas, and while some say that could help recruit new staff, it also carries the risk of being associated with gentrification.

Membership continues to rise across the Wolverine State, though at a slower pace, but lending overall is on the decline.

As the industry continues to consolidate, operating branches in states far removed from headquarters could move from the exception to the rule.

Credit unions can usually limit attrition of consumer accounts after a bank acquisition, but maintaining relationships with business customers is the bigger challenge.

Sterling Bancorp must enhance its BSA policies and hire an outside firm to review its account activity.

The Michigan-based CUSO has acquired a stake in NestReady, giving it exclusive industry rights on the mortgage technology firm's products.

One consultant offers tips on how to better understand – and compete with – new entrants to the financial services marketplace.

Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.

The Michigan-based institution is one of a handful of credit unions that have bought or announced deals to acquire banks over the last two years.

Embers Credit Union and Upper Michigan Community CU will open their doors as a merged institution on June 3, nearly a year after members voted to approve the deal.