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Mi Bank turns to Fiserv

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Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Mi BANK will leverage Fiserv technology and expertise as it opens its doors as the first de novo bank in Michigan in a decade.

Based in Bloomfield Township, Mi BANK is focused on serving the distinct financial needs of mid-size and commercial businesses.

“Local businesses like to bank with local financial institutions that understand the dynamics and challenges they face,” said Rob Farr, Mi BANK founder, chairman and CEO. “Fiserv gives us the technology foundation we need and has demonstrated flexibility in accommodating us as a new bank looking to address a gap in our market.”

Read more here.

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