Articles

Blessed are the Community Banks, for They Shall Inherit the State of Michigan

May 21, 2021 - 6 min read

In a few months, the Michigan banking landscape will witness a development that has not existed in decades — there will be zero independent banks headquartered in the state with total assets of at least $10 billion. Zero. In the last six months, three announcements detailed that the state’s two largest banks (TCF, which is approximately $50…

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Michigan Banking Summary: Visibility Improving

April 23, 2021 - 6 min read

As Q1-2021 earnings releases hit the wires, the big banks have already set a general tone along the lines of “it didn’t get as bad across the board as we initially thought a year ago…but we are still not completely out of the woods”, economic forecasts continue to reflect a brighter, and welcoming, picture for…

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Michigan Banking Summary – East Meets West and North Heads South

September 26, 2019 - 5 min read

September 18th marked another notable day in Michigan banking, as shareholders at two in-state institutions involved in a pending merger approved their proposed union, while leadership at two other in-state banks announced plans to combine resources. Banking consolidation is nothing new, and most assuredly will continue. Considering recent statistics that reflect a universe that is…

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