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May 6, 2019

Michigan will welcome a new bank this month, with a new model that is very different than some of the digital players that are looking to offer an alternative to traditional banking functions. 

Mi Bank plans to launch on May 28. Rob Farr, a Michigan banker, raised $30 million the hard way: one investor at a time with more than 200 different sources of capital. This is good news for venture capitalis...

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