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Looking back: Consolidation means fewer banks, bank headquarters in Michigan

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Tom Henderson - The national bank consolidation binge that has seemingly put new signs out in front of your local branch every few years has changed an industry that was once hyperlocal. As recently as 1985, state law prohibited banks in Michigan from having branches more than 25 miles from their headquarters. But that year, Ohio, Indiana and Michigan opened their borders to each others' banks. And in 1997, federal legislation opened interstate banking across the U.S. Here's the genealogy of some of Michigan's

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