Michigan Community Bancorp Ltd. (fka MCBP)

[kex0414]

What does Michigan Community Bancorp do? Nothing.
What did Michigan Community Bancorp do? Nothing. They went bankrupt in 2010
Michigan Community Bancorp Limited operated as the holding company for the Lakeside Community Bank and the North Oakland Community Bank (the banks), which engaged in the general commercial and retail banking. The banks offered various deposit products, including checking accounts, saving accounts, and time deposits. The banks conducted lending activities in the residential and commercial mortgage markets, and the consumer installment marketplace. Lakeside Community Bank offered banking services in Macomb County, Michigan, primarily in Clinton Township, Macomb Township, Ray Township, Shelby Township, Washington Township, Mt. Clemens, Sterling Heights, and Utica. North Oakland Community Bank offers its banking services primarily in Rochester, Rochester Hills, Pontiac, Troy, Auburn Hills, Oakland Township, Orion Township, and Lake Orion Village in Oakland County, Michigan. The company was incorporated in 1998 and was based in Sterling Heights, Michigan, before they went bankrupt in 2010.


Isn't tradeable. A couple of brokers may take phone orders, but no on line broker takes orders.

A few months ago, someone bought a bunch of this POS, then sold a few back to himself at an inflated price.