LANSING, Mich. - Capitol Bancorp said it had completed the acquisition of Oakland Commerce Bank for $3.5 million in cash and notes.

Oakland Commerce, based in Farmington Hills, has $90 million in assets. It became the fourth banking subsidiary of Lansing-based Capitol Bancorp, bringing its total assets to $240 million.

The briefs were compiled from staff and wire reports.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.