The Bank of Ann Arbor is your normal small, local community bank. Well, maybe not the small part so much anymore.
Excerpt:Last year was a terrible year for most financials, but the Bank of Ann Arbor was able to turn that sow's ear into a silk purse.
The downtown Ann Arbor-based company added 13 people to its payroll as it capitalized on one of the worst financial meltdowns in decades. The bank now employs 96 people in five branches in Ann Arbor and Ypsilanti. It's all thanks to more and more people choosing to bank locally. It's a trend with a future, according to the Bank of Ann Arbor brass.
"I don't think this local first movement is a one-year wonder," says Tim Marshall, president and CEO of
Bank of Ann Arbor. "We continue to grow and I think that trend will continue."
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