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John Donnelly moderated a panel of industry experts at the annual convention of the Community Bankers Association of Michigan on September 13th in Traverse City. The topics covered were sustaining profitability in a rising rate environment, core deposit generation, risk management/cyber security and marijuana banking.

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Originally Published: July 24, 2016 in Crain’s Detroit Business By Tom Henderson Bank of Ann Arbor purchase could signal future growth The Bank of Ann Arbor has been cautious about expansion, sticking mostly to its Washtenaw County roots and sticking a toe into Wayne County in the 20 years since its founding. Its move into Oakland County with the…

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Originally Published: July 20, 2016 in Crain’s Detroit Business By Tom Henderson Bank of Ann Arbor to buy Bank of Birmingham Deal opens up attractive Oakland County market The Bank of Ann Arbor announced Wednesday morning that it is entering the attractive Oakland County market following an agreement to buy Birmingham Bloomfield Bancshares Inc. (OTC Pink: BBBI), the holding company…

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Originally Published: May 22, 2016 in Crain’s Detroit Business By Tom Henderson Unhappy investors await Comerica’s recovery plan Comerica Inc., which moved its headquarters from Detroit to Dallas in 2007, faces its biggest corporate challenge since it merged with Manufacturers National Bank in 1992. As oil prices have plunged precipitously, the bank’s portfolio of loans to the oil…

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