September 26, 2019 Albion, MI (AMN) –
On January 8, 2019 the most recent business that occupied 207 S. Superior Street was Huntington Bank. The bank closed 31 locations in Michigan and Ohio due to internal and external economic factors. Huntington referenced an increase in online banking, ATM’s, and mobile banking apps. Many other financial institutions have expanded for these very same reasons. Superior Street is the heart of Albion’s commercial activity for brick and mortar businesses.
The new owner of the property is Albion College. With the purchase of 207 S. Superior many residents are wondering what Albion College has planned for the historical location. The building was built in 1845 as Jesse Crowell’s Stone Mill. In 1916 it was remodeled into the Commercial & Savings Bank which opened for business in 1917. The departure of Huntington Bank left Albion residents with Homestead Savings Bank, Chemical Bank and Blue Ox Credit Union as local banking options. Chemical Bank recently merged with TCF. A representative from Chemical Bank has advised customers that more “information on the merger will be available early next year.”
Albion College renovated the Downtown Ludington Center which has led to successful engagement between residents, students, faculty and the community. We hope to see more positive change and forward progress for our community.