2007 Press Releases
Congratulations to Wolverine Bank
On Its 77th Consecutive 5-Star Safety Rating
November 2007: Coral Gables, FL. BAUERFINANCIAL, Inc., the nation’s leading independent bank rating and research firm, proudly announces that Wolverine Bank, Midland, Michigan has earned another 5-Star Superior rating, our highest award, for the 77th consecutive quarter. In addition, Wolverine Bank has the added distinction of being an “Exceptional Performance Bank” for having earned this highest honor for ten years or longer. The 5-Star rating is based on the financial condition of the bank and indicates that Wolverine Bank is one of the strongest banks in the country.
“Wolverine Bank’s ability to earn our 5-Star Superior rating time and again speaks to its strength, stability and longevity,” said Karen L. Dorway, president of the research firm. “In a banking environment that is struggling with loan quality and delinquencies, it is an honor and a pleasure to recognize Wolverine Bank and the values it represents.”
Wolverine Bank has been serving the financial needs of its neighbors and friends for 73 years. Established in 1934, it currently operates through four conveniently located offices in Frankenmuth and Midland, has a loan office in Saginaw 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 institution pays for its rating, nor can they elude it. Consumers may obtain free star-ratings by calling 800.388.6686 or visiting www.bauerfinancial.com.
Wolverine Bank
Protecting Your Assets With a 5-Star Safety Rating
August 2007: BAUERFINANCIAL, Inc., the nation’s leading independent bank rating and research firm, is pleased to announce that Wolverine Bank, Midland, Michigan has earned its highest 5-Star rating for safety and soundness. This is the 76th consecutive quarter that Wolverine Bank has merited this highest honor earning it the added distinction of being an “Exceptional Performance Bank” for having earned this highest distinction for ten years or longer. The 5-Star rating is based on the financial condition of the bank and indicates that Wolverine Bank is one of the strongest banks in the country.
“We credit 5-Star community banks, like Wolverine Bank, for their ability to shine even in this challenging economic environment,” remarks Karen Dorway, president of the research firm. “With a tradition of dedication to its community, you can be assured that protecting your assets is Wolverine Bank’s top priority.”
Established in 1934, Wolverine Bank has been serving the financial needs of its neighbors and friends for 73 years. It operates through four conveniently located offices in Frankenmuth and Midland as well as a loan office in Saginaw and can also 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
Makes a Positive Impact on the Community
May 2007: Wolverine Bank, Midland, Michigan, has earned a 5-Star rating by BAUERFINANCIAL, Inc., the nation’s leading independent bank rating and research firm. In fact, this is the 75th consecutive quarter that Wolverine Bank has merited this highest honor. The 5-Star rating is based on the financial condition of the bank and indicates that Wolverine Bank is one of the strongest banks in the country. Wolverine Bank has the added distinction of being an “Exceptional Performance Bank” for having earned this highest distinction for ten years or longer.
“There is an old adage that community banks, like Wolverine Bank, are a mirror of their marketplace,” declares Karen Dorway, president of the research firm. “That’s because community bankers understand the local market. They have to. They are an integral part of it; not just there to make a profit, their objective is to make a positive impact on the community.”
Wolverine Bank was established in 1934 and has been serving the financial needs of its neighbors and friends for 73 years. It operates through four conveniently located offices in Frankenmuth and Midland as well as a loan office in Saginaw. Wolverine Bank can also 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.
GUSHOW JOINS WOLVERINE BANK TEAM
Midland, Michigan – Jill Gushow has been hired as Chief Strategic Officer for Wolverine Bank. She will be focusing on strategic projects, including acquisitions and business process reengineering. These initiatives are designed to provide enhanced services to customers, provide new market opportunities, and maximize efficiencies. Gushow most recently worked as Director of Staff Relations at Saginaw Valley State University. She has also held the positions of Associate General Counsel at Vertis, Inc. in Baltimore, Maryland and at Trilogy Software in Austin, Texas, as well as Director of International Legal Operations at Quark, Inc. in Denver, Colorado. During her career she has led cross-functional teams in the United States and abroad with responsibilities in the areas of corporate strategies, legal compliance, and organizational development. She received her Bachelor’s degree with honors from Michigan State University and her Juris Doctorate from the University of Colorado School of Law.
Wolverine Bank Earns Highest Honor
March 2007: BAUERFINANCIAL, Inc., the nation’s leading independent bank rating and research firm, proudly recognizes Wolverine Bank, Midland, Michigan’s 74th consecutive achievement of a 5-Star rating. The 5-star rating, BAUERFINANCIAL’s highest honor, is based on the financial condition of the bank and indicates that Wolverine Bank is one of the strongest banks in the country. Wolverine Bank has the added distinction of being an “Exceptional Performance Bank” for having earned this highest rating for a minimum of ten straight years.
“There are many ways to measure a bank’s success,” comments Karen Dorway, president of the research firm. “At BAUERFINANCIAL we analyze the past and present financial condition of the bank to ensure that taking care of depositors is a top priority. We factor in a myriad of ratios and calculations based on regulatory reports filed by the bank each quarter. And based on our analyses, this award is well earned by Wolverine Bank,” she extols.
Established in 1934, Wolverine Bank has been serving the financial needs of its neighbors and friends for 73 years. It currently operates through four conveniently located offices in Frankenmuth and Midland as well as a Loan Office in Saginaw.
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.
Financial Information
We're proud of our service to the community and our community bank status. If you would like in-depth financial information on Wolverine Bank, including balance sheet, income statement, performance and condition ratios, or demographic information, click here to access the FDIC's Institutional Directory database. Use your browser's back button to return.
ANNUAL REPORT
Click here to view our 2006 Annual Report and here to view our 2006 financial sheet.
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