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The Michigan-based credit union, which has a branch network across six states, also saw an increase in deposits.
April 25 -
Several credit union leagues and credit union service organizations have formed a new group, called AffirmXCU, that will offer risk management technology.
April 18 -
The Dallas regional assured analysts that it has ample sources of liquidity to fund its expected loan growth.
April 16 -
MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.
April 15 -
From new legislation to mergers and more, here's a look at measures from across the country that could change how credit unions do business.
April 12 -
2018 was mixed bag for credit unions in the Wolverine State, with membership and lending still seeing positive numbers but down from previous years.
April 12 -
The companies had planned to make Chemical CEO David Provost the new leader before October's market gyrations led them to break off talks. When they revisited the deal, several things changed — including Provost's role.
April 8 -
Some institutions have benefited from revitalization in the Motor City but just as consumers fled for the suburbs decades ago, most CUs in the area are headquartered outside the city itself.
March 29 -
University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.
March 23 -
Events at local breweries can be a fun way to educate younger members about getting their first mortgage but credit unions must walk a fine line at such events.
March 20 -
The Saginaw, Mich.-based institution has yet to reveal the new name, though management indicated that it won't include a religious reference.
March 19 -
The CUSO will work with AffirmX, which provides compliance and risk management offerings, on product development.
March 7 -
Donald Finn began his credit union career in 1964 by working as a loan officer for a Michigan institution.
March 4 -
The Michigan-based institution also awarded $315,000 in bonus reward points to members who use the CU's credit card.
February 20 -
Both banks' need for scale started the conversation and the lifting of the SIFI threshold helped seal the deal. Here are five takeaways from one of the industry's biggest recent mergers.
January 28 -
Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be based in Detroit, Chemical's hometown, and operate under the TCF brand.
January 28 -
Trade groups have filed paperwork supporting two Michigan credit unions facing ADA suits, but a similar suit against Domino's Pizza could cloud the issue.
January 24 -
Ken Bixby worked as an examiner for the federal regulator before joining the trade group in 1982.
January 24 -
The Michigan Credit Union League donated money to the Children's Miracle Network every time an institution posted a video of its employees dancing to "In My Feelings" by Drake.
January 14 -
The Jackson, Mich.-based institution also made its largest donation ever to a program to help students pay for college.
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