Learn More About Banking And Finance Law in Ferndale, Michigan

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Ferndale is a city in Oakland County of the U.S. state of Michigan. It forms part of the Detroit metropolitan area. As of the 2000 census, the city population was 22,105. Ferndale is primarily residential, with a small industrial sector featured in the southeast part of the city. Ferndale's thriving business district is anchored by the intersection of Woodward Avenue and 9 Mile Road, where privately owned shops, unique storefronts, dance clubs, bars and numerous well visited restaurants are featured. The downtown has broad sidewalks, slow traffic, and many trees and benches. Ferndale is well-known in the Detroit area for its LGBT (non-heterosexual) population and progressive politics, having elected the first openly gay mayor in the state of Michigan in 2007.

Banking And Finance Law Lawyers In Ferndale Michigan

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What is banking and finance law?

Banking & Finance Law involves individuals and businesses in transactions with federal and state-chartered financial institutions -- including issues related to bank accounts, negotiable instruments, loans, interest rates, regulatory compliance, taxes, and more. Banking and finance law applies to those individuals and institutions that lend or borrow money. Lenders typically include banks, leasing companies, finance companies and other financial institutions. Borrowers are individuals, corporations, institutions or the government.