MARQUETTE, Mich. - Michigan Financial Corp. said it reached an agreement in principle to merge with Houghton Financial Inc., the parent company of Houghton National Bank of Houghton, Mich.

Financial terms were not disclosed.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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