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FNBH Bancorp in Michigan has been unable to make an important move without its primary regulator's OK in the six years since its nonperforming assets hit double digits. It's an extreme example of the tension between past problems and future visions that freezes many banks.
August 12 -
The once-distressed parent of First National Bank of Howell is on the road to recovery. For attorney Stanley Dickson, the comeback means more than a return on investment. It allowed him to save a bank that has been there for his family for over four generations.
November 20 -
U.S. Bancorp (USB) in Minneapolis has completed its purchase of Citizens Financial Group's Charter One franchise in Chicago.
June 23
First National Bank in Howell, Mich., has named a former Midwestern bank executive to its board.
The $326 million-asset bank appointed Ken Marblestone a director,
In 2013 Marblestone was president of the Ohio and Michigan regions for Citizens Financial Group's
Ronald Long, First National's CEO, did not immediately return a call seeking comment.
FNBH Bancorp, the holding company for First National Bank, has been