Grand Rapids Business Journal
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Flagstar Bank announced it is awarding $5,000 grants to over 180 small businesses owned by people of color in Flagstar’s banking markets.
The grants are designed to assist businesses whose operating expenses have been impacted by COVID-19.
“Based on the overwhelming response we’ve received, I think we’ve struck at the heart of a huge need in our communities,” said Alessandro DiNello, president and CEO of Flagstar Bank. “The economic impact of the pandemic has hit small businesses hard and small businesses owned by people of color even harder. We are pleased and proud to provide critical funding at such a critical time in the life cycle of these businesses.”
Ops, MLO Jobs; Broker, Payroll, ECOA Tools; Investors Agency Changes Dec 16 2020, 9:12AM
While virtual learning students bemoan the elimination of snow days, the U.S. Census Bureau recently came out with dozens of holiday-related facts and figures from its collection of statistics. For example, the U.S. imported $484.9 million of Christmas tree lights in 2019, with Cambodia leading the way at 47.3% of those total U.S. imports. That was actually less than the $546.8 million imported of tapered candles in 2019. Most of these came from Vietnam, representing more than 46.8% of America’s imported tapered candles. I don’t buy many new things that have instruction manuals. But every time I do, why do I feel a sense of relief when I find out that most of the pages of the instruction manual are due to them being in several other languages? Lumber doesn’t need an instruction manual, but one thing is for sure: wood prices are on fire. (Excuse the pun, West C
MLO Jobs; Shell Wanted; Fulfillment, Doc, Servicing Products; Training; Few Reasons For Rates to Move Dec 15 2020, 8:35AM
“We were so poor when I was a kid that we couldn’t afford tinsel. We had to wait for Grandpa to sneeze.” At the opposite end of the economic spectrum, these NBA players had some fun with Jingle Bells. Athletes like NBA players file taxes not only in their home state, but they are also subject to taxes in every state in which they play (work). Working from home still? Can you write off your dining room table and chair since it is your “home office?” Maybe. Maybe not. Ask your company’s CFO or your accountant. There are many holiday-sounding places for homes in the United States. More than a dozen places have Holly in their names, including Mount Holly, NC (population 16,257), and Holly Springs, MS (7,798). There’s also Snowflake, AZ (5,995), Santa Claus, IN (2,411), North Pole, AK (2,094), Noel, MO (1,807), and, if you kn
Huntington and TCF Financial to merge in $22 billion deal bozemandailychronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bozemandailychronicle.com Daily Mail and Mail on Sunday newspapers.
FAIRFIELD-SUISUN, CALIFORNIA
Gary Torgow, the executive chairman of the TCF Financial Corporation talks to the crowd during the renaming ceremony from Cobo Center to TCF Center in downtown Detroit, Michigan on Tuesday, August, 27, 2019. (Eric Seals, Detroit Free Press/TNS)
Huntington, TCF Financial to merge in $22 billion deal
Two big bank holding companies with huge name recognition throughout the Midwest Columbus, Ohio-based Huntington Bancshares and Detroit-based TCF Financial Corp. are announcing plans for an all-stock merger valued at $22 billion.
The deal is expected to close in the second quarter, according to a press briefing given Sunday night.
The Huntington brand will survive, while the TCF name will disappear. The merger means that another Michigan-based bank will go by the wayside. Many major banks in Michigan Chase, Comerica, PNC, Bank of America and Fifth Third are all headquartered in other states. Flagstar Bank is based in Troy, and Ally Financial, a ban