An $8 billion-asset Michigan bank company is beginning to offer correspondent services to smaller in-state banks and expects to expand into other Midwestern markets later.

Flint-based Citizens Banking Corp. said last week that it would immediately begin offering commercial-loan participations and letters of credit in Michigan.

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.