

MATTHEW BANKS ANN ARBOR SERIES
Advises portfolio of life science/nanotech start-ups in all aspects of formation, Series A, B, and C rounds, spin-offs, licensing, governance, and on-going operations.Advised management team of commercial products manufacturing company in their management buyout and restructuring, and successful sale of non-core businesses.Advises portfolio of food and beverage ingredient manufacturing companies in their formation, capital raising, governance and business activities, including $6 million preferred stock investment in Ecuador-based beverage ingredient manufacturer.Manages and executes acquisition strategy for a $45 billion financial holding company, and provides ongoing representation for its acquired banks and affiliates.He served as damage control officer on the destroyer USS Stump (DD-978) and division officer aboard the battleship USS Iowa (BB-61). He serves as outside general counsel to several long-standing private company clients.Ĭlients value Matt’s direct but friendly manner, responsiveness, accountability for himself and his teams, and skills in executing a plan.īefore law school, Matt was a lieutenant in the United States Navy (1989-1993). Matt frequently partners with colleagues in our Private Clients group to build sustainable platforms for family owned businesses transitioning to the next generation of leaders. At the other end of the development spectrum, he helps entrepreneurs and startups see around the corners ahead by implementing good corporate design, built with efficient and cost-effective functionality. Since 2001 he has served as M&A counsel for a $35 billion financial holding company, negotiating more than 55 mergers and acquisitions of banks and bank holding companies, broker-dealer and asset management firms, mortgage banking and premium finance companies, and large commercial loan portfolios. More than a “deal lawyer,” he partners with clients, large or small, in planning and executing their growth strategies. Manchester Community Resource Center, Inc.Matt has extensive experience in mergers and acquisitions, restructurings, joint ventures, private offerings, private equity and venture capital investment, and other strategic transactions. Serving Washtenaw and Western Wayne Counties Some even provide cloth diapers or adult diapers! The list below shows the diaper banks in Washtenaw County.ĭestiny and Purpose Community Outreach (DAPCO) A diaper bank assesses the need of parents requesting assistance and simply provides diapers to support that family. They distribute over 1.3 million diapers annually. So, what is a diaper bank? Do these banks help to meet the diaper needs of Michigan’s babies? Michigan has 13 National Diaper Bank Network diaper banks. In Michigan, 39 percent of TANF recipients have at least one child under age three. However, TANF doles out one sum of money monthly which also has to cover rent, utilities, clothing, transportation, and other basic needs. The only federal assistance program that can be used to pay for diapers is TANF. For a family of three that would mean earning less than $20,160 per year ( 2016 HHS Federal Poverty Guidlines). That’s a lot of money out of the monthly budget for many people! In Michigan, 29 percent of children under age three live in families earning less than 100% of the Federal Poverty Level (FPL). moms report experiencing diaper need.Īn average monthly supply of diapers for one child is $80. Unfortunately diapers are also one of the biggest expenses for young children.
MATTHEW BANKS ANN ARBOR FULL
Think about it – keeping babies and toddlers dry, clean and healthy is essential to their ability to reach full potential. Diapers are as important to a baby’s development as a mother’s love.
