Michigan National Bank has joined a small number of financial institutions offering home equity loans linked to credit cards.

The $10 billion-asset bank is offering the Equimoney Visa card to the credit card customers of other banks in its market. The bank does not otherwise have a card portfolio, said Robert Hutchinson, who is in charge of branches and telephone banking for Michigan National.

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.