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Michigan Banking News. Service for global professionals. Constantly updated news and information about Michigan.
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Latest Michigan Banking News

  • Fifth Third Bancorp Announces Fourth Quarter 2009 Dividends 15 Dec 2009 22:01 GMT
    ... assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 103 Bank Mart® locations open seven ... and 2,357 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, ...

  • Fifth Third Bancorp Announces Fourth Quarter 2009 Dividends (PRN) 15 Dec 2009 22:00 GMT
    ... assets, operates 16 affiliates with 1,309 full-service Banking Centers, including 103 Bank Mart® locations open seven ... and 2,357 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, ...

  • AP Analysis: US Economy Entering Sluggish Recovery 15 Dec 2009 20:55 GMT
    ... though it declined from 21.95 in September. Michigan, battered by auto industry troubles, was second-highest, ... Rising unemployment and defaults on payment-option adjustable-rate mortgages. Job losses have become a leading cause ... new state legislation allowing for mediation before banks can seize a property may slow Nevada's foreclosure ...

  • Bank stock bets 15 Dec 2009 20:55 GMT
    ... And shares of some of the biggest banks in the group have done considerably better. Bank ... widen due to real estate woes in Michigan and Florida. Among the national players, it's ... strain owing to its exposure to high-risk mortgage loans like option ARMs, notes Deutsche Bank's ...

  • Capitol Bancorp Announces the Sale of Ohio Commerce Bank (PRN) 15 Dec 2009 17:34 GMT
    ... company, with a network of separately chartered banks in 17 states. Founded in 1988, has executive ... in 1988, has executive offices in Lansing, Michigan, and Phoenix, Arizona. Certain statements in this ...

  • Housing Recovery Expected To Be Slow 15 Dec 2009 17:31 GMT
    ... to better protect consumers in arrangements with banks and companies selling financial products, above all ... the U.S. economy since the Great Depression. Bankers, loan agents, mortgage brokers, Wall Street traders, ... healthier future. Oklahoma is holding up well. Michigan home sales are soaring. A turn around ...

  • Capitol Bancorp Announces the Sale of Ohio Commerce Bank 15 Dec 2009 17:30 GMT
    ... company, with a network of separately chartered banks in 17 states. Founded in 1988, Capitol Bancorp ... Bancorp Limited has executive offices in Lansing, Michigan, and Phoenix, Arizona. Certain statements in this ...

  • No Sign of Slowdown in Rising U.S. CMBS Delinquency Rates 15 Dec 2009 17:17 GMT
    ... A closer look at Moody’s Delinquency Tracker for Commercial ... look at Moody’s Delinquency Tracker for Commercial Mortgage-Backed Securities provides little reason for optimism. The ...

  • UC's Quinn Hopes To Make It 2-0 As Interim Head Coach 15 Dec 2009 16:35 GMT
    ... over as interim Head Coach at Central Michigan when Kelly took the UC job three ... everything, but is still saddled with two mortgages every month. Those are just two of ...

  • Great Western Minerals Group Provides Corporate Update 15 Dec 2009 16:24 GMT
    ... McKnight held seven portfolios, including Labour, Canada Mortgage and Housing, Indian Affairs and Northern Development, ... Great Western Technologies Inc., located in Troy, Michigan, produce a variety of specialty alloys for ...

  • Flagstar Bancorp, Inc. Announces Terms of Proposed Rights Offering 15 Dec 2009 15:51 GMT
    ... Relations Group at 5151 Corporate Drive, Troy, Michigan 48098, telephone (248) 312-2000. The subscription rights ... At September 30, 2009, Flagstar operated 176 banking centers in Michigan, Indiana and Georgia and ... one of the leading originators of residential mortgage loans. For more information, please visit flagstar.com. ...

  • Capitol Bancorp Limited Completes Sunrise Bank of Arizona Charter Consolidation 15 Dec 2009 15:51 GMT
    ... and shareholder approval to consolidate six affiliate banks in Arizona. Effective December 14, Arrowhead Community ... will continue to have access to local bankers. There will be no changes in the ... Bancorp Limited has executive offices in Lansing, Michigan, and Phoenix, Arizona. ...

  • The St. Stephen View 12/16/09 15 Dec 2009 15:30 GMT
    ... groups. There were bikers from Georgia, Illinois, Michigan, North Carolina, Virginia, Savannah, Charleston, and other ... collected will be given to local food banks to help with holiday season food needs. If ...

  • Deep Value Shopping Season: Part I 15 Dec 2009 14:52 GMT
    ... solid deposit base and leadership position in Michigan and it trades at less than 0.4 ... decimated with the recent downgrades of regional banks. They had their share of problems in ... of them reserved. There are still some mortgage and CRE problems in the Carolinas, but ...

  • AP Enterprise: Gaps in DNA banks lead to tragedy... 15 Dec 2009 14:50 GMT
    ... of DNA samples are missing from state databanks across the country because they were never taken ... given it, the AP found. For example, Michigan DNA administrators and state prison officials compare ...


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