A Michigan community banking company said it plans a $1 million advertising campaign starting in early April to promote a revamped Web site that sells other banks' CDs.

Flagstar Bancorp, the $4.3 billion-asset parent of Bloomfield Hills-based Flagstar Bank, in December launched Bankave.com, short for "Bank Avenue," which it launched Dec. 2 to sell its own and other banks' products.

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