Tag : Mercantile Bank

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization
Blockchain Digital Asset Management News

Prontoblock and Mercantile Bank International Partner to Modernize the $1.25 Trillion Commercial Paper Market Through Tokenization

Fintech News Desk
Prontoblock, a leading digital asset fintech company, is pleased to announce its strategic partnership with Mercantile Bank International (MBI). This partnership aims to revolutionize the commercial paper market through the tokenization of these financial instruments. This partnership will empower MBI clientele to engage in the purchase and issuance of tokenized......
Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation
Banking News

Mercantile Bank of Michigan Establishes The Mercantile Bank Foundation

Fintech News Desk
Mercantile Bank Corporation’s subsidiary bank Mercantile Bank of Michigan announced that it has formed The Mercantile Bank Foundation, a private charitable foundation to fund and administer Mercantile Bank’s charitable giving activities. In conjunction with the formation, Mercantile Bank is making a $4.0 million initial capital contribution, which will be recorded as noninterest expense during......
Mercantile Bank Corporation Announces Renewal of Stock Repurchase Program
Finance Fintech News

Mercantile Bank Corporation Announces Renewal of Stock Repurchase Program

Fintech News Desk
Mercantile Bank Corporation announced that its Board of Directors has authorized the renewal of its stock repurchase program. Under this program, Mercantile may repurchase up to $20 million in aggregate value of its shares of Common Stock. “We are pleased to renew our stock repurchase program, which we believe is a valuable......
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