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All banks with HQ in Michigan seeing stars

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Tom Henderson - State banks hit the bottom in March 2010, according to the quarterly ratings from Fort Lauderdale, Fla.-based BauerFinancial Inc.The company tracks the health of banks and credit unions, rating them from zero to five stars. That March, 15 banks, many of them in Southeast Michigan, got zero stars. Twenty-three, many of them in the Upper Peninsula, whose isolation helped them avoid some of the mortgage frenzy that led to the Great Recession, had the top rating of five stars. Today, there are no

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