MIDLAND, MI (WHTC) – Holland-based Lake Michigan Financial Corporation, the holding company for the Bank of Holland and the Bank of Northern Michigan, has been purchased by Midland-based Chemical Bank for over 184 million dollars. Branches in Holland, Grand Rapids, Traverse City and Petoskey will be absorbed into the state’s seventh largest bank by deposit and the biggest financial institution based in Michigan. The Bank of Holland had been in existence since 1998 and LMFC has assets of 1.2 billion dollars.
Chemical Bank Buys Holding Company of Bank of Holland
By Gary Stevens
Jan 6, 2015 | 4:37 PM
UPDATE: FBI Reported Threat Cited as Reason for Cancellation of Lakeshore Blessing of the Bikes Event
3h ago
More Traffic Headaches Involving BL-196 Ahead
4h ago
UPDATE: Missing Port Sheldon Man Found Safe - Again
20h ago
Explainer-Who are some of the people and groups involved in US college protests?
14h ago
Golf-Steele wins LIV Adelaide, Smith leads Ripper to team title in playoff
16h ago
Tigers, White Sox, Griffins Rally for Saturday Wins; NFL Draft in Detroit Ends
19h ago
Current Weather
Holland, MI, USA
68 °F Light Rain