2006 Press Releases
Wolverine Bank:
Relationship Banking at its Best
December 2006: BAUERFINANCIAL, Inc., the nation’s leading independent bank rating and research firm, is pleased to announce that Wolverine Bank, Midland, Michigan has been awarded its highest rating (5-Stars) for strength and stability. By achieving this rating for 73 consecutive quarters, there can be no dispute that Wolverine Bank is one of the safest banks in the country. Having earned this distinction for ten years or more, Wolverine Bank has earned a spot in an even more exclusive category of Exceptional Performance Banks.
“It is always heartening to see a community bank that practices true relationship banking come out on top,” proclaims Karen Dorway, president of the research firm. “Through unwavering commitment to its customers and personal one-to-one banking, Wolverine Bank has distinguished itself from the Big Banks and come out ahead of the pack.”
Wolverine Bank has been dedicated to meeting the financial needs of its customers since 1934. It currently operates through four conveniently located offices in Frankenmuth and Midland and can be found on the internet at www.wolverinebank.com.
Wolverine Bank: “Your hometown, independent, community bank offering flexible, accessible, personalized products and services.”
BAUERFINANCIAL, INC., Coral Gables, Florida, the nation’s leading independent bank rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.
Wolverine Bank Knows its Customers
August 2006: Wolverine Bank, Midland, Michigan, has earned the highest rating (5-Stars) for strength and stability from the nation’s leading independent bank rating and research firm, BAUERFINANCIAL, Inc. By achieving this rating for 72 consecutive quarters, there can be no dispute that Wolverine Bank is one of the safest banks in the country. Banks like Wolverine Bank, that have earned this distinction for ten years or more, are placed in an even more exclusive category of Exceptional Performance Banks.
“Choosing a great community bank such as Wolverine Bank should be reassuring to anyone concerned not only with bank safety, but also with identity theft and privacy. Knowing that your name and face are recognized when you walk through the door somehow elicits a greater peace of mind,” declares Karen Dorway, president of the research firm. “While no one can unconditionally guaranty your identity and privacy will be protected, community banks, like Wolverine Bank, are certainly a good first line of defense.”
Wolverine Bank was established in 1934 and has been committed to the needs of its neighbors and friends for 72 years. It operates through four conveniently located offices in Frankenmuth and Midland and on the internet at www.wolverinebank.com.
Wolverine Bank: “Your hometown, independent, community bank offering flexible, accessible, personalized products and services.”
BAUERFINANCIAL, INC., Coral Gables, Florida, the nation’s leading independent bank rating firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.
SHEETS ELECTED TO WOLVERINE BANK BOARD OF DIRECTORS
Midland, Michigan – J. Donald Sheets, Vice-President and Chief Financial Officer and Americas Area President for Dow Corning Corporation will join Wolverine Bank’s Board of Directors as a Consulting Director in June. Sheets will continue his duties at Dow Corning.
Don began his career at Dow Corning in 1982. He has held a variety of management and professional positions in Accounting, Finance and Marketing throughout the years. In 1993, he began a long association with the electronics industry, holding a variety of commercial management positions. By 1999 he was named an Electronics Industry Director. In 2001, Don was named General Manager for Web Business and led the company’s efforts to grow in the Internet business sector. He was named Vice-President and Chief Financial Officer for Dow Corning Corporation in 2003 and Americas Area President in 2005.
An alumnus of Albion College, Sheets earned his bachelor’s degree in economics and management and went on to earn his master’s of business administration in operations management from the University of Michigan.
Headquartered in Midland since 1934, Wolverine Bank is an independent and locally-owned community bank providing low cost and no cost financial products including a complete selection of commercial and residential mortgage and lending products and FDIC-protected deposit products and services. Wolverine Bank is among only 2% of banks nationwide to receive national acclaim from independent industry analyst, BauerFinancial Inc, for financial strength and service quality over time.
If you would like to learn more about Wolverine Bank, you may visit the Company’s website at www.wolverinebank.com.
Wolverine Bank:
a 5-Star Community Bank
May 2006: BAUERFINANCIAL, the nation’s leading independent bank rating and research firm, proudly announces that Wolverine Bank, Midland, Michigan, has achieved its highest 5-star superior rating for financial strength and stability. By achieving this rating, Wolverine Bank has proved once again that it is one of the safest banks in the country. In fact, having attained this highest rating consistently for 71 quarters, Wolverine Bank has secured a position among the ranks of Exceptional Performance Banks.
“By earning and retaining the highest 5-Star rating, Wolverine Bank continues to prove to its customers and the entire community that it is committed to their needs and security,” observed Karen Dorway, president of the research firm. “A community bank with community values and commitments is something the Big Banks imitate, but can never seem to replicate,” she continued.
Established in 1933, Wolverine Bank has been committed to the needs of its neighbors and friends for 73 years. It operates through four conveniently located offices in Midland and Frankenmuth and can be found on the internet at www.wolverinebank.com.
Wolverine Bank: “Your hometown, independent, community bank offering flexible, accessible, personalized products and services.”
BAUERFINANCIAL, INC., Coral Gables, Florida, the nation’s leading independent bank rating firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.
LOCALLY-OWNED BANK PAYS HOMAGE
TO TENURED EMPLOYEES
Midland, Michigan – Wolverine Bank honors three employees and two board members for significant years of service to the company. The honorees are: Sylvia Moreau, Sandra Westphal and Richard Reynolds for 20 years; William C. Schmidt for 15 years; Elaine Hansen for 10 years. Wolverine Bank also congratulates Frank H. Brod, Karen Lazzaro and Tracy Wissel for five years of service.
Moreau began her career with Wolverine Bank in 1985 as a Customer Service Representative in the Frankenmuth office. She led the Frankenmuth team for many years as Customer Service Supervisor before semi-retiring a few years ago.
Westphal also began at Wolverine Bank in 1985. She currently works directly with commercial lending customers as a loan processor/closer. A recipient of the Bank of America Banking Award from Delta College, Westphal has an associate’s degree in Business Management.
Reynolds, a member of the Bank’s Board of Directors, is President of MidMichigan Medical Center-Midland and Executive Vice President of MidMichigan Health. He received a Bachelor of Arts degree with honors from Michigan State University. He is a CPA and a Fellow in the Health Care Financial Management Association. Mr. Reynolds is also very active in community affairs through the Midland Area Chamber of Commerce, Director and Financial Vice President & Treasurer of the Strosacker Foundation, a past Director of the United Way of Midland County, past President of the Credit Bureau of Midland County, and a past Director and Treasurer of the Midland Area Community Foundation.
Schmidt, who currently serves as the Chairman of Wolverine Bank’s Board of Directors, is retired from the Dow Chemical organization after 37 years as Assistant Controller of The Dow Chemical Co., and CFO of Dow AgroScience. He earned is undergraduate and graduate degrees in business administration from the University of Michigan. He has a long record of community involvement including serving as Regent of the Institute of Certified Management Accountants, Treasurer of the American Health Council as well as director and past chairman of MidMichigan Medical Center-Midland.
Hansen is the Internal Auditor for Wolverine Bank. She has received her Bachelor of Science in Business Administration with a Major in Finance and Minor in Economics.
An independent and locally-owned community bank since 1934, Wolverine Bank has been providing low cost and no cost financial products including a complete selection of commercial and residential mortgage and lending products and FDIC-protected deposit products and services. Wolverine Bank is among only 2% of banks nationwide to receive national acclaim from independent industry analyst, BauerFinancial Inc, for financial strength and service quality over time.
Wolverine Bank Earns Highest Honor
for Financial Strength and Stability
February 2006: BAUERFINANCIAL, the nation’s leading independent bank rating and research firm, is pleased to announce that Wolverine Bank, Midland, Michigan has achieved its highest 5-star superior rating for financial strength and stability. This rating indicates that Wolverine Bank is one of the safest banks in the country, and has been for 70 consecutive quarters. What’s more, having attained this highest rating consistently for ten years or longer, Wolverine Bank has garnered a spot in the even more impressive group of Exceptional Performance Banks.
“Earning a 5-Star rating is in itself an outstanding achievement – evidence of consistently sound management, financial strength and performance,” said Karen L. Dorway, president of the research firm. “Earning 5-Stars 70 consecutive times is really something to be proud of,” she continued. “When a local bank achieves the 5-Star rating, it is a reflection of not only the bank, but the community it serves and its commitment to that community. Mr. David H. Dunn, CEO of Wolverine Bank, should be very proud of his 5-Star team and their accomplishment.”
Wolverine Bank was established in 1933 and has been committed to the needs of its neighbors and friends for 73 years. It currently operates through four conveniently located offices in Midland and Frankenmuth and can be found on the internet at www.wolverinebank.com.
Wolverine Bank: “Your hometown, independent, community bank offering flexible, accessible, personalized products and services.”
BAUERFINANCIAL Inc., Coral Gables, Florida, is the nation’s leading independent bank rating firm. It has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No bank pays for its rating, nor can any bank elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.
Online Banking
