Articles tagged: banking

Lake Trust Credit Union seeks to build new branch on west side of Ann Arbor

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Posted: Aug 08, 2010

Lake Trust Credit Union seeks to build a new branch in a former bank building on West Stadium in Ann Arbor. Site plans were submitted in early August to demolish the former Fidelity Bank at ... Read more »

Ann Arbor region's credit unions reap benefits of anti-big bank sentiment

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Posted: Jul 04, 2010

(Note: This story has been corrected to reflect the fact that DFCU Financial is the state's largest credit union.)As consumers consider alternatives to the big banks whose risky investment practices played a major role in ... Read more »

Ann Arbor-based Michigan Commerce Bank slows declines after FDIC consent order

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Posted: Jun 17, 2010

Michigan Commerce Bank - a collective of 11 banks reorganized in 2009 under the charter of Ann Arbor Commerce Bank - is working through points listed in a recent consent order that attempts to correct ... Read more »

Changes to IRS Form 1099 may mean huge paperwork burden for businesses

Posted: Jun 17, 2010

A small section on one page of the recently enacted 2,000-plus-page health care bill revises Section 6041 of the Internal Revenue Code to extend Form 1099 reporting to the IRS. This mandate would be effective ... Read more »

Ann Arbor's Midwest Financial Credit Union seeks merger with DFCU of Dearborn

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Posted: Jun 15, 2010

Ann Arbor-based MidWest Financial Credit Union seeks to merge with DFCU Financial, based in Dearborn, according to documents filed with the state. The merger, after it's approved, would result in MWFCU members and assets moving ... Read more »