Ann Arbor, Michigan, June 25, 2010 – Bank of Ann Arbor is pleased to announce that Lyle Dahlberg has joined the bank as First Vice President, Trust and Investment Group Manager. He will assume full management responsibility for all activities of the Trust and Investment Group. Thomas Kallewaard, the former group head who has provided exceptional leadership over the past seven years, is not leaving the bank but will begin, at his request, the transition to a business development and account administration position.
“It is with great pleasure that we welcome Lyle to this strategic growth area of the bank,” said Tim Marshall, President & CEO. “Under Tom’s leadership we grew to nearly $650 million in assets under management and we anticipate that Lyle will continue this growth pattern in the years to come. It is truly exciting to attract Lyle to our team as he brings an abundance of technical knowledge, many years of leadership experience, and has established a proven record of exceptional client satisfaction in the trust and investment area.”
Mr. Dahlberg’s 28 year trust and investment career started with NBD and eventually ended up working for JPMorgan after numerous acquisitions and name changes. He started his career in the trust administration area, gained multi-state management experience in the estate settlement unit, and his most recent position with JPMorgan was the Managing Director of the Grosse Pointe Private Client Service office. In this position, he was responsible for investment management, private banking, lending, fiduciary/trust administration, insurance, and financial planning. Dahlberg is a graduate of the Northwestern University National Trust School and the National Graduate Trust School, received his law degree from Detroit College of Law, and his undergraduate degree from the University of Denver.
“I am thrilled to be joining Bank of Ann Arbor, a first-rate organization dedicated to the success of our community,” said Dahlberg. “I look forward to working with the talented, experienced team of trust and investment professionals at Bank of Ann Arbor. We will maintain our disciplined approach to long-term investing, always providing the exceptional level of service that our clients expect and deserve.”
About Bank of Ann Arbor
Bank of Ann Arbor is a locally owned and operated bank with total assets and assets under management of nearly $1.3 billion, serving people and businesses in Ann Arbor, Ypsilanti with offices at the corner of Fifth Avenue and Washington Street in downtown Ann Arbor, in the Traver Village Shopping Center, on West Michigan Avenue in downtown Ypsilanti, across from the Arborland Mall, at the corner of Stadium and Liberty streets, on West Ellsworth Road. Its newest office is on Ann Arbor Road in Plymouth. The web site is www.boaa.com. Visit us on Facebook, Twitter, and LinkedIn.