How 1 man and his getaway driver pulled off 15 bank robberies in 5 states -- 6 in Michigan
Officials broke down, in detail, how they say one man used napkin notes, one-minute in-and-outs, and a getaway driver to pull off 15 different bank robberies across five states, including at six branches in Michigan.
Huntington and TCF in $6B tie-up as more regionals merge
FILE - In this Nov. 2, 2020 file photo, a man walks past the boarded-up first floor windows of a Huntington Bank branch in Columbus, Ohio. Huntington, with $120 billion in assets, outsizes TCF, which has assets of around $50 billion. The TCF brand will be changed to Huntington, and Detroit's TCF Center will be renamed after Huntington in the coming years. “We wanted to remain Detroit's hometown bank,” said TCF Financial CEO Gary Torgow, in an interview. “We are going to be much better together,” said Huntington Bank CEO Steve Steinour, noting that Huntington, along with new markets, would also get access to TCF's equipment finance business and inventory finance businesses.
TCF Center to be renamed again after TCF, Huntington banks announce merger
DETROIT – Huntington Bancshares Incorporated -- the parent company of Huntington Bank -- and TCF Financial Corporation -- the parent company of TCF National Bank -- announced Sunday the companies would combine in an all-stock merger, with a total market value of about $22 billion. The company said it will have two headquarters, one in Detroit and one in Columbus, Ohio. The Detroit headquarters will employee at least 800 people, about three times more than TCF had planned. Columbus will remain the headquarters for the holding company and the consumer bank. With the removal of the TCF branding, the TCF Center -- recently renamed in late 2019 -- will be renamed the Huntington Center.
Whitmer, Huntington announce $5 billion commitment toward Michigan businesses, housing, community
Gretchen Whitmer and Huntington have announced a $5 billion commitment toward Michigan businesses, affordable housing and community efforts. The five-year lending, investment and philanthropic plan aims to help improve financial opportunities for Michigan businesses, consumers and communities. It’s part of a $20 billion community plan Huntington Bancshares announced Sept. 1. The plan will evolve as Huntington listens and takes action to meet the changing needs of Michigan’s communities, according to state officials. “This is an opportunity to take a more deliberate approach toward investing in the people and businesses that will have the greatest impact in our communities,” Michigan Lt. Gov.
We have to get this right: Gov. Whitmer hints at plan for Michigan gyms, bowling alleys, theaters
LANSING, Mich. The owners of Michigan gyms and other businesses were hoping to hear the governor address reopening plans Wednesday, but that didnt happen. Gretchen Whitmer didnt officially announce a plan at her coronavirus (COVID-19) briefing, but she hinted that a decision should be revealed in the coming days. Business owners might be able to reopen after Labor Day, but they were hoping an official plan would be revealed Wednesday. For example, Ohios gyms have been open since May, and after initially saying football wouldnt happen, the Michigan High School Athletic Association did an about-face and said the final decision would be up to Whitmer. Whitmer said last week that she wouldnt be bullied into making these decisions.
Vote 4 The Best rankings as of July 7: Financial
Here are the current rankings in the Financial categories. These are NOT final winners. You still have time to vote once per hour until July 15 at 11 p.m. Check for more rankings on our Vote 4 the Best page. AccountantsJ&J Taxes & More CTA & Associates, LLC Foguth Financial Group T & I Credit Union Ball, Shanaman & TenorioBanksHuntington Bank Chase Bank Bank of Ann Arbor Fifth Third Bank & ATM TCF BankCredit UnionExtra Credit Union Michigan First Credit Union Wayne Westland Federal Credit Union T & I Credit Union Parkside Credit UnionFinancial AdvisorsGreat Lakes Wealth Mainstay Financial Management T& I Credit Union Foguth Financial Group, LLC MSGCU FinancialMortgage Lenders
Economic development program for Flint gets $25 million boost
An effort to boost Flint amid the city's crisis with lead-tainted water is getting a $25 million commitment that includes loans and specialized mortgage financing from Huntington Bank. Detroit Pistons owner Tom Gores, a Flint native, and Huntington Bank CEO Steve Steinour announced the economic development program Wednesday. Details of the FlintNOW and Huntington economic development program include the following:A $20 million commitment to make specialized Small Business Adminstration (SBA) working capital loans available to businesses in Flint. The $2 million commitment will mark an expansion of Huntington’s Pure Michigan Micro Lending Initiative collaboration with the Michigan Economic Development Corporation (MEDC). A $1 million commitment to provide grants to small businesses in Flint that have been hurt by the water crisis.