LANSING, MI-Republic Bancorp. Inc. officials have acquired Chemical Bank & Trust’s lone Lansing branch at 3015 E. Saginaw St. In doing so, Republic also closed a Republic Bank branch at 2425 E. Grand River Ave. and moved assets and accounts to the former Chemical Bank branch.

Republic gained branch assets and $7 million in deposits with the purchase. The sales price was not disclosed.

The third largest bank-holding company based in Michigan, Republic Bancorp serves customers through its Republic Bank subsidiary at offices in Michigan, Ohio and Indiana. The bank-holding company is headquartered in Ann Arbor, but executives have offices in ShiawasseeCounty’s Caledonia Township. Republic Bank’s retail banking operations are based in Lansing.

Chemical Bank is part of Chemical Financial Corp., the fourth largest bank-holding company based in Michigan.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

 

GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.