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The $5.9 billion Lake Michigan Credit Union in Grand Rapids, Mich., said Monday it signed a purchase and assumption agreement to buy a CCF Bank branch in Rochester Hills, Mich., for $2.45 million.

Among Michigan’s 22 cities and townships with a population of more than 65,000 people, Rochester Hills is the state’s third most affluent community with a median family income of $110,853, according to the 2017 U.S. Census data posted earlier this year by MLive.com, a local news outlet. The population of Rochester Hills is more than 74,000.

Peter Strozniak

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