M&A Report: Crescent Financial institution exits auto lending in main deal
New Orleans-based Crescent Financial institution has agreed to promote its auto financing division to Arra Finance. The deal, anticipated to shut within the third quarter of 2025, will add Crescent’s $815 million auto mortgage portfolio, together with its servicing tech,…
Gary Peters Exits Michigan Senate Race
Michigan Sen. Gary Peters, who led the Democrats’ Senate marketing campaign efforts the previous two election cycles, has introduced he is not going to search a 3rd time period in 2026, making a extremely contested battleground seat anticipated to be…