The proposed merger has received preliminary approval from the federal and state regulators and is moving to the final step.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

The merger will make Sterling Heights-headquartered Christian Financial the largest faith-based credit union in the state, with more than $1 billion in assets under management. Livonia-headquartered ...