Retail & Commercial

Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.

The agency's semiannual report on risks in the industry focused heavily on the high volume of commercial loans as well as banks' exposure to nonfinancial corporate debt, which is near a record share of GDP.

The company, which helps banks develop high-tech products and services, has agreed to buy Gro Solutions after recently completing its deal for Cloud Lending.

Credit unions have hired executives away from banks for years. Now banks are returning the favor.

Few firms have been able to blend predictive virtual assistants, geolocation, data analytics and other cutting-edge technology into apps like TD Bank, which has more mobile users in Canada than anyone in finance.

Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.

The credit union also reported increases in loans and membership.

Year to date through Sep. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

Year to date through Sep. 30, 2018. Dollars in thousands.