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TCF Financial Corporation
TCF Financial Corporation was a bank holding company based in Detroit, Michigan. The current incarnation of the company was formed by a 2019 merger between the former TCF, which was established in 1923 in Wayzata, Minnesota, and the Michigan-based Chemical Financial Corporation. In December 2020, TCF announced a merger with Huntington Bancshares. It was announced on May 26, 2021, that TCF Bank will be required by the Department of Justice to sell off 13 branches in Michigan. These branches were purchased by Horizon Bank at the end of the third quarter. The final approval has been given for the merger and the merger was complete on June 9, 2021. The combined bank has $175 billion in assets. History The company traces its roots to both TCF Financial Corporation and Chemical Financial Corporation, which merged in 2019. Chemical Financial Corporation Chemical State Savings Bank was founded in 1917. In 1937, the headquarters of Chemical Bank was the site of the infamous bank ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Financial Institutions Examination Council
The Federal Financial Institutions Examination Council (FFIEC) is a formal U.S. government interagency body composed of five banking regulators that is "empowered to prescribe uniform principles, standards, and report forms to promote uniformity in the supervision of financial institutions". It also oversees real estate appraisal in the United States. Its regulations are contained in title 12 of the Code of Federal Regulations. Composition FFIEC includes five banking regulators—the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Consumer Financial Protection Bureau (CFPB). History FFIEC was established March 10, 1979, pursuant to title X of the Financial Institutions Regulatory and Interest Rate Control Act of 1978 (FIRA). Housing and real estate The FFIEC was given additional statutory responsibilities by section 340 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ann Arbor, Michigan
Ann Arbor is a city in the U.S. state of Michigan and the county seat of Washtenaw County. The 2020 census recorded its population to be 123,851. It is the principal city of the Ann Arbor Metropolitan Statistical Area, which encompasses all of Washtenaw County. Ann Arbor is also included in the Greater Detroit Combined Statistical Area and the Great Lakes megalopolis, the most populated and largest megalopolis in North America. Ann Arbor is home to the University of Michigan. The university significantly shapes Ann Arbor's economy as it employs about 30,000 workers, including about 12,000 in the medical center. The city's economy is also centered on high technology, with several companies drawn to the area by the university's research and development infrastructure. Ann Arbor was founded in 1824, named after the wives of the village's founders, both named Ann, and the stands of bur oak trees.Marwil, pp. 1–2 The city's population grew at a rapid rate in the early to t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Michigan Daily
''The Michigan Daily'' is the weekly student newspaper of the University of Michigan. Its first edition was published on September 29, 1890. The newspaper is financially and editorially independent of the University's administration and other student groups, but shares a university building with other student publications on 420 Maynard Street, north of the Michigan Union and Huetwell Student Activities Center. In 2007, renovations to the historic building at 420 Maynard were completed, funded entirely by private donations from alumni. To dedicate the renovated building, a reunion of the staffs of ''The Michigan Daily'', the ''Michiganensian'' yearbook, and the ''Gargoyle'' ''Humor Magazine'' was held on October 26–28, 2007. ''The Michigan Daily'' is published weekly in broadsheet form during the Fall and Winter semesters and in tabloid form from May to August. Broadsheets contain a lengthy ''SportsWednesday'' Sports section and occasionally an extended, themed issue called '' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Michigan
, mottoeng = "Arts, Knowledge, Truth" , former_names = Catholepistemiad, or University of Michigania (1817–1821) , budget = $10.3 billion (2021) , endowment = $17 billion (2021)As of October 25, 2021. , president = Santa Ono , provost = Laurie McCauley , established = , type = Public research university , academic_affiliations = , students = 48,090 (2021) , undergrad = 31,329 (2021) , postgrad = 16,578 (2021) , administrative_staff = 18,986 (2014) , faculty = 6,771 (2014) , city = Ann Arbor , state = Michigan , country = United States , coor = , campus = Midsize City, Total: , including arboretum , colors = Maize & Blue , nickname = Wolverines , spor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
WDIV-TV
WDIV-TV (channel 4) is a television station in Detroit, Michigan, United States, affiliated with NBC. It serves as the flagship broadcast property of the Graham Media Group subsidiary of Graham Holdings Company. WDIV-TV maintains studio facilities on West Lafayette Boulevard in Detroit, making it the only major television station in the market with offices and studios within the Detroit city limits. Detroit's other television stations are all based in the suburb of Southfield; WDIV's transmitter is, however, located on Greenfield Road in Southfield. History Early history The station first signed on the air as WWDT on October 23, 1946, for one day of demonstrative programming; regular programming commenced on March 4, 1947. It was the first television station in Michigan and the tenth station to sign on in the United States overall. The station was originally owned by the Evening News Association, parent company of ''The Detroit News'', along with WWJ radio (AM 950 and FM 97.1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at the 2020 census, making it the 27th-most populous city in the United States. The metropolitan area, known as Metro Detroit, is home to 4.3 million people, making it the second-largest in the Midwest after the Chicago metropolitan area, and the 14th-largest in the United States. Regarded as a major cultural center, Detroit is known for its contributions to music, art, architecture and design, in addition to its historical automotive background. '' Time'' named Detroit as one of the fifty World's Greatest Places of 2022 to explore. Detroit is a major port on the Detroit River, one of the four major straits that connect the Great Lakes system to the Saint Lawrence Seaway. The City of Detroit anchors the second-largest regional eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Talmer Bancorp
Talmer Bancorp was a bank holding company headquartered in Troy, Michigan. It was the parent company of Talmer Bank & Trust and operated banks in Michigan, Illinois, Indiana, and Ohio. In 2016, it was acquired by Chemical Financial (now TCF Financial Corporation). History The company was founded in 2007 as First Michigan Bank. First Michigan changed its name to Talmer in 2011 after acquiring banks outside of Michigan. In 2013, Talmer acquired First Place Bank based in Warren, Ohio. In 2014, it sold its Wisconsin branches to Hartland, Wisconsin-based Town Bank. In 2015, Talmer acquired First Huron Corp and its subsidiary Signature Bank. In 2016, the bank was acquired by Chemical Financial (now TCF Financial Corporation TCF Financial Corporation was a bank holding company based in Detroit, Michigan. The current incarnation of the company was formed by a 2019 merger between the former TCF, which was established in 1923 in Wayzata, Minnesota, and the Michigan-b ...). Refere ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northwestern Bank
Northwestern Bank was a community bank based in Traverse City, Michigan that served northern Michigan. In 2014, it was acquired by Chemical Financial Corporation. History The bank was established in 1955. In September 2012, the bank entered into a consent order with the Federal Deposit Insurance Corporation (FDIC) to address concerns about oversight and lending controls. In January 2013, Harry “Scrub” Calcutt, the chief executive officer of the bank, retired. He was replaced by Daniel W. Terpsma. In August 2013, the FDIC banned Calcutt from the banking industry after he allegedly hid loan defaults. On October 31, 2014, the bank was acquired by Chemical Financial Corporation TCF Financial Corporation was a bank holding company based in Detroit, Michigan. The current incarnation of the company was formed by a 2019 merger between the former TCF, which was established in 1923 in Wayzata, Minnesota, and the Michigan-b ... for $121 million in cash. References {{Reflist, 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GlobeNewswire
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrado) acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire, from Nasdaq. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Operations They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. In 2012 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Midland Daily News
The ''Midland Daily News'' is a daily newspaper which serves Midland County, Michigan. The offices for the paper are located at 219 East Main Street in downtown Midland; the paper is widely circulated around Midland County. The newspaper also prints the school newspaper for Herbert Henry Dow High School, ''The Update''. The ''Daily News'' is the last daily newspaper in the Tri-Cities left with a regular print schedule, since the '' Bay City Times'' and '' Saginaw News'' cut back their print editions to three times a week in June 2009. It publishes 6 days a week, with a weekend edition. History The paper can trace its lineage to the 1858 founding of the ''Midland Sentinel'', which after a number of ownership and name changes became the ''Midland Republican'' in 1881. In 1937, ''Republican'' publisher Philip T. Rich founded the ''Midland Daily News'' as a successor to the weekly ''Republican''. In 1968, Rich sold the paper to Decatur, Illinois-based Lindsay-Schaub Newspapers. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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