Banking & Finance

Private equity, lenders, investments, credit unions and financial planning

ARTICLES

Kent passes financial audit with ease

The independent report comes back ‘very, very clean’ for such a large organization.

July 3, 2015
The annual state-mandated independent auditor’s report on Kent County government’s finances is a “voluminous document,” according to Steve Blann of Rehmann Robson LLC, which produced the report comprised of more than 200 pages. Read More

Law firm discusses 'top 10' win against IRS

July 1, 2015
The local trial team that represented a bottling company in an important tax case against the IRS recently talked about its victory, which was called “one of the top 10 tax cases in 2014” by Forbes magazine. Read More

Maximizing tax deductions in your charitable giving

June 30, 2015
Grand Rapids is known for philanthropy and giving back to the community. Read More

West Michigan companies rank on Fortune 500

June 30, 2015
Four West Michigan companies are standing among the nation’s Fortune 500. Read More

Software maker closes $4.6M in funding

June 29, 2015
A maker of IT management software has closed a $4.6-million Series A round to fund product development, growing demand and international operations. Read More

‘Payday’ loans aren’t loans under Michigan law

They are not subject to the legal limits on loan interest rates in Michigan.

June 26, 2015
The so-called payday lenders in Michigan are subject to state law and regulated by the Michigan Department of Insurance and Financial Services, but they are not subject to the legal maximum interest rates established by state law. Read More

Attorney General claims Western Sky borrowers due refunds

Approximately 17,500 in Michigan borrowed from the online lender at interest as high as 300 percent.

June 26, 2015
Michigan’s Department of Insurance and Financial Services is asking the Michigan Credit Union League and other trade associations in the Michigan financial sector to help make sure their members know about refunds that may be due them from Western Sky Financial LLC. Read More

Fifth Third trims branches

Internet, mobile apps are triggering changes at banks and credit unions.

June 26, 2015
Fifth Third Bancorp in Cincinnati has announced it will move forward on its “expected” changes to its branch network — namely, the consolidation or sale of about 100 branches, as well as the sale of about 30 properties it had purchased previously for future branch expansion. Read More

Bank plans to consolidate or sell 100 branches

June 22, 2015
A bank with a major presence in the region is planning to consolidate or sell about 100 branches and about 30 properties purchased for branch expansion. Read More

State approves funding for two Grand Rapids projects

June 19, 2015
Two Grand Rapids real estate projects that will result in more than 30 jobs have been approved by the Michigan Strategic Fund. Read More