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mBank Recognizes Growth and Development with Leadership Positions

MANISTIQUE, Mich., January 16, 2019 – Over the last year, the mBank footprint continued to grow with the acquisitions of First Federal of Northern Michigan and Lincoln Community Bank. First Federal was headquartered in Alpena, Michigan and the acquisition included 7 branch locations throughout Northern Lower Michigan. The Lincoln Community Bank deal added a branch for mBank in Merrill, Wisconsin. As a result of this growth, mBank is pleased to announce the following promotions within the bank management team.

Kelly W. George, President and CEO of mBank commented on the recent promotions saying, “With the growth of the bank over the last year our capacity for leadership continues to be apparent. All of these officers possess the attributes and professionalism that augment the cornerstone of mBank’s culture, mission, and vision and we are looking forward to their continued leadership with our team.”

Commercial Banking Officers:

Michael Caruso, Vice President Senior Commercial Banking Officer to Senior Vice President Commercial Banking Officer. Caruso is an accomplished commercial banker with a successful career in banking that spans over 30 years. Caruso has a Bachelor of Arts in Financial Administration from Michigan State University, and a Master of Business Administration in Finance and Economics from Wayne State University. He is currently board chair of the Northern Michigan Chapter of the American Red Cross and vice chair of the Traverse City SCORE board. He is also an adjunct finance instructor at Davenport University. A highly motivated team builder, Caruso has been with mBank for 4 1⁄2 years and has shown drive and dedication to expanding mBank’s commercial presence in Northwest Michigan.

George Demou, Vice President Commercial Banking Officer to Senior Vice President Commercial Banking Officer. Demou has been with mBank since 2011 and has nearly 30 years of strong experience in the commercial banking industry including credit analysis, underwriting, and lending. As an SVP Commercial Banking Officer, Demou works directly with his corporate and small business customers to provide lending solutions and has been a key component to growing mBank’s commercial presence in Southeast Michigan.

Laura Garvin, Vice President Commercial Portfolio Manager to Senior Vice President Commercial Portfolio Manager. Garvin has been with mBank 11 years and has nearly 30 years in the banking industry in the Detroit Area. Garvin has an undergraduate business degree and Master of Business Administration, Finance from Michigan State University and has experience in commercial lending, treasury management, credit, and commercial portfolio manager. She has cultivated many important commercial client relationships in the Southeast Michigan market and continued to strengthen mBank’s customer relationships.

Andrew Tracey, Assistant Vice President Commercial Banking Officer has been promoted to Vice President Commercial Banking Officer. Tracey has worked in the banking industry since 2009 and came to mBank as part of the First Federal of Northern Michigan merger. Andrew has proven to be an essential piece to the commercial lending team in Northeast Lower Michigan where his responsibilities will continue to be growing the bank’s diverse portfolio of business loans.

Tom Hendricks, Assistant Vice President Commercial Banking Officer has been promoted to Vice President Commercial Banking Officer. Hendricks has a 10 year background in banking, 9 of which were with First Federal of Northern Michigan before the merger with mBank in 2018. He has continued to foster some excellent commercial relationships, and in his new role, will continue to grow the commercial portfolio in Northeast Michigan.

Jed Lechleitner, Assistant Vice President Commercial Banking Officer has been promoted to Vice President Commercial Banking Officer. Lechleitner started with mBank just over a year ago and has been working in the banking industry since 2005. His experience and continued leadership is helping to build mBank’s commercial presence in Northeast Wisconsin.


Bill Davidson, Credit Analyst has been promoted to Portfolio Manager/Junior Commercial Lender. Davidson joined the mBank team in 2009. With 18 years of experience in the financial industry serving as a credit analyst and administrator, he has proven to be an asset to the commercial team in Birmingham. Davidson has a Bachelor of Science in Business Administration from Central Michigan University, and a Master of Science in International Finance from Walsh College.

Hunter Mires, a recent graduate of Northern Michigan University completed the mBank Management Trainee program and has been promoted to Junior Commercial Lender. Mires is excited to begin helping Northwest Michigan business owners with their lending needs.

Branch Operations:

Melissa Chabot, Vice President Branch Operations has been promoted to Vice President Branch Operations Manager. Chabot has over 25 years of experience in the banking industry, the last 12 of which were spend with First Federal of Northern Michigan, prior to the merger with mBank. In her new role, Melissa will manage the Branch Operations area. Her vast knowledge of banking operations has made her a valuable asset for the mBank team.

Branch Leadership:

Aaron Shaner, Assistant Branch Manager has been promoted to Branch Manager. Shaner started his career with mBank in June of 2018 after completing his Master of Business Administration degree at Davenport University and has continued to grow in his leadership role. We look forward to his efforts in helping both our retail and business customers in the Greater Traverse City area.

 

About Mackinac Financial Corporation and mBank
Headquartered in Manistique, Michigan, mBank proudly serves Michigan and Northern Wisconsin with 29 branch locations. With assets in excess of $1.30 billion, the community bank empowers individuals and small to medium sized businesses with smart financing and depository solutions for peace of mind. For more information, visit: bankmbank.com. Member FDIC. Equal Housing Lender.