Comerica’s relocation creates opportunity for smaller banks
Smaller banks in Oakland County are looking at Comerica’s announced relocation as an opportunity to create market share.
Smaller banks in Oakland County are looking at Comerica’s announced relocation as an opportunity to create market share.
Excerpt:
“What you’re going to see is a lot of advertising campaigns that say, ‘Come and bank with your hometown bank,’ and over time they will increase market share,” said Brian D. Pollice, financial institution partner for Plante & Moran PLLC in Southfield.
“It’s an opportunity for the smaller banks to step up and say, ‘Here I am – I am in your hometown and our decisions are made here.'”
Read the entire article here.
Related Articles
Returning citizens face extra hurdles in Detroit’s already challenging housing market
Formerly incarcerated people face numerous challenges in finding housing, often leading them to become homeless or recidivate.
Trinity Health and Michigan community groups will make fresh, local food a Medicaid benefit
A new Trinity Health initiative will allow people in the Ann Arbor, Detroit, and Grand Rapids areas to access fresh, affordable produce from local organizations through their Medicaid health plans.
Oakland County Animal Shelter expands efforts to board pets for people experiencing homelessness
Pet owners who stay at an Oakland County homeless shelter this winter will be able to temporarily house their pets at the Oakland County Animal Shelter and Pet Adoption Center, thanks to a new partnership between the Pontiac-based Alliance for Housing and the animal shelter.
