Commercial Loans: The battle between credit unions and banks heats up

A new front has opened in the long-standing war between banks and credit unions: commercial lending. An improving economy and booming demand for financing by businesses has attracted credit unions nationwide into commercial lending, a sector where banks have long dominated. Traverse City credit unions led the...

Overtime Overhaul: Does Your Business Have a Plan?

Many employers are still reeling from the impact of the many changes in employment law that we have seen over the past few years. Employers have experienced many impacts to the people-side of their business including the ACA, the NLRB’s joint-employer ruling and the new...

Higher Standard: Company’s certification also a mindset

Higher Grounds Trading Co. is the only B Corp-certified business in Traverse City. What does that mean? B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency.  B Corp is to business what...

Development Minervini-Style

Ray Minervini Sr. heads the Minervini Group, a family-run development company that has spent the past 14 years turning the former Traverse City State Hospital property into a mixed-use community that features shops, restaurants, offices, residences and more than 400 acres of preserved parkland. Minervini, 74,...

Access to Affordable Farmland: Problems, solutions

A single price point cannot define affordability. What’s affordable for some may not be affordable to others. So how do we solve a problem like “access to affordable farmland” when the definition can be so broad? We make personal connections with farmers and the community...

Newsmakers: People On The Move

FINANCIAL & INSURANCE SERVICES Dawn Hemming, president of Hemming& in Traverse City, was recently invited to speak and moderate at an Investment News conference in Dallas, Texas. Hemming represented the Women's Advisory Board, a national initiative in the financial services industry to support and encourage women. Betsy...

Briefly: Big News In A Small Format

TC RESIDENT NAMED ‘YOUNG LEADER’ Amy Shamroe was recently awarded the Michigan Young Leader Award by the Michigan American Association of University Women (AAUW) for her contributions in raising awareness of women’s equality issues in the Traverse City area. She co-developed and executed a LeaderHERship seminar that...