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Lake Trust Credit Union, other financial institutions wade into Michigan cannabis banking market

As the cannabis industry continues to expand in Michigan, there are a limited number of options for the businesses to put their money while their business is still illegal at the federal level. But that is changing. Nearly $125 million worth of recreational cannabis was sold statewide in September, up from $60 million the same […]

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Fifth Third Bank lists historic downtown Holland branch building for $4.5M

Fifth Third Bank is looking to sell its historic branch building in downtown Holland. The iconic three-story, 25,000-square foot building at 36 E. 8th St. was constructed in 1928 and has a sale price of more than $4.5 million, according to the listing by NorthStar Commercial LLC. The listing includes two additional parcels behind the historic structure […]

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Whitmer signs letter calling for passage of pot banking law

Ahead of possible action by the U.S. Congress, Michigan Gov. Gretchen Whitmer is one of nearly two dozen governors pushing for legislation to reform marijuana banking laws. Whitmer and a bipartisan group of governors sent a letter on Monday to leading lawmakers in Washington, D.C., urging passage of the Secure and Fair Enforcement (SAFE) Banking […]

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Bank opens regional office downtown

Bank opens regional office downtown

A bank has unveiled its new regional corporate office and banking center inside a newly completed high-rise downtown. TCF Bank, a subsidiary of TCF Financial Corporation, which merged with Chemical Bank this summer, hosted a ribbon-cutting ceremony Dec. 10 for its new regional corporate office and banking center in downtown Grand Rapids, at 150 Ottawa […]

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