Bank of Ann Arbor Helps Stamp Out Hunger

by Bank of Ann Arbor May 9, 2012 9:37
80,000 bags to be delivered by Washtenaw County letter carriers for Stamp Out Hunger food drive. 

Post office branches in Ann Arbor, Dexter, Saline and Ypsilanti will receive a delivery of 80,000 orange shopping bags from Food Gatherers today. Letter carriers will distribute the bags to residential mailboxes next week as part of the National Association of Letter Carriers Stamp Out Hunger Food Drive collection on Saturday, May 12. 

The bags provided by Food Gatherers, the United Way of Washtenaw County and Bank of Ann Arbor will be delivered by local letter carriers to homes across the county as a reminder to participate in the drive. Residents may fill the bags with non-perishable food items and place the bags by their mailboxes before the time of regular mail delivery on Saturday, May 12. Washtenaw County letter carriers will collect these food donations and take them to Food Gatherers.

The shopping bags serve a dual purpose, to collect food and provide information for those individuals in need of food assistance.  Messaging on the bag directs those in need to United Way 2-1-1, a referral line for individuals seeking information about and referrals to human services.  Individuals who decline to participate in the drive are asked to recycle the bag.

WHY:

The need for food assistance continues to exist in every community in America, no matter how rich or poor. According to the U.S. Department of Agriculture’s annual study measuring food security in the United States, the number of Americans living in food insecure homes reached nearly 49 million in 2011 (the most recent year that such data is available). In Washtenaw County, 1 in 7 individuals – and alarmingly 1 in 6 children – are at risk of hunger.

WHERE:  Washtenaw County

WHEN:  Bag delivery, week of May 7th

           Food collection, Saturday, May 12th

ABOUT:

About Food Gatherers:
Food Gatherers is Washtenaw County’s food bank and food rescue program, distributing 5.5 million pounds of food to more than 150 non-profit programs serving low-income adults, seniors and children annually. Through Food Gatherers Community Kitchen, more than 100,000 plates of nutritious food are served to people in need and last year 15 students graduated from our Community Kitchen Job Training Program, a culinary training program for at-risk or homeless youth.  For a list of food donors and recipient agencies or to learn how you can become involved in the fight against hunger locally, please visit the web at www.foodgatherers.org or call (734) 761-2796. 

About the National Association of Letter Carriers (NALC)
The National Association of Letter Carriers is the union of city delivery letter carriers working for the United States Postal Service founded in 1889. Today, the NALC maintains its tradition as a vibrant union of over 300,000 members in all 50 states and other U.S. jurisdictions. For more information, visit http://nalc.org/commun/foodrive/index.html.

About United Way of Washtenaw County
United Way of Washtenaw County is a connecting point between community members and local human service organizations.  Through its central role it consolidates, collaborates and leverages support to make every donation have more impact.  In 2011, it raised more than $5.5 million to support local agencies that enable access for all residents to health, education, and stable income, improving the quality of life throughout Washtenaw County. For more information visit www.uwWashtenaw.org.

About Bank of Ann Arbor
Bank of Ann Arbor is a locally owned and operated bank with total assets and assets under management of over $1.5 billion, serving people and businesses in the Ann Arbor area with offices at the corner of Fifth Avenue and Washington Street in downtown Ann Arbor, in the Traver Village Shopping Center, at the corner of Stadium and Liberty streets, on West Ellsworth Road in Pittsfield Township, on West Michigan Avenue in downtown Ypsilanti and in Plymouth on Ann Arbor Road. Its newest office will open on Michigan Avenue in downtown Saline in late 2012.  The web site is www.boaa.com. Visit us on Facebook, Twitter, and LinkedIn.

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Area Business Publication Calls Attention to Bank of Ann Arbor's Steady Growth

by Bank of Ann Arbor April 19, 2012 8:19

April 18, 2012--Bank of Ann Arbor's President and CEO, Timothy Marshall discusses our strong, steady growth and plans for expansion in the local business online publication, Concentrate. Read the full article now.

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ICBA Honors Bank of Ann Arbor and Others for Outstanding Community Service

by Bank of Ann Arbor March 18, 2012 6:11

Nashville, Tenn. (March 14, 2012)—The Independent Community Bankers of America (ICBA) today honored three community banks that have demonstrated outstanding customer service with the 2012 ICBA National Community Bank Service Awards. The three community bank award recipients were announced during ICBA’s 2012 National Convention and Techworld® in Nashville, Tenn. The ICBA National Community Bank Service Awards bring national recognition to the unparalleled contributions community banks make to help build sustainable communities. The awards are given annually to community banks that show longstanding commitments to community outreach and development.

“ICBA founded the National Community Bank Service Awards program to help celebrate the outstanding volunteer efforts of the nation’s community banks, which exist to serve the needs of their customers and communities each and every day,” said incoming ICBA Chairman Jeffrey L. Gerhart, chairman of Bank of Newman Grove, Newman Grove, Neb. “This year’s award recipients exemplify what community bank service is all about. We commend them for giving their time, expertise and resources to better their communities and the lives of local residents.”

ICBA is pleased to honor the following community banks with the 2012 ICBA National Community Bank Service Awards:

Grand National Award:

  • Wyoming Bank & Trust in Cheyenne, Wyo.

National Award:

  • For banks with assets over $500 million: Bank of Ann Arbor in Ann Arbor, Mich.
  • For banks with assets under $500 million: Bryant State Bank in Bryant, S.D.

Honorable Mentions:

  • The Bank of Oswego in Lake Oswego, Ore.
  • Northeast Community Bank in White Plains, N.Y.
  • First State Bank of Joplin in Joplin, Mo.
  • Bankers Trust in Des Moines, Iowa.
  • Village Bank in Midlothian, Va.
  • Katahdin Trust Company in Houlton, Maine.

As the Grand National award recipient, Wyoming Bank & Trust is being recognized for its “Honor Flight Wyoming” program, which was launched in 2008 for the purpose of getting local World War II veterans to Washington, D.C., so they could see the new World War II memorial. The organization has had six flights from Wyoming and raised more than $626,000 from private donors, which has resulted in flying 679 World War II veterans and 358 Guardians and staff to Washington, D.C. Tom Bass, president of the Wyoming Bank & Trust, is a vice president of the Honor Flight Wyoming organization and one of its founding board members. Wyoming Bank & Trust also participates in several other community service projects throughout the year, including lining the streets of Cheyenne with American flags during the fourth of July and sponsoring an annual coat drive called “Warm Up Wyoming.”

Bank of Ann Arbor was named as a National Award recipient in recognition of its “Sweet 15” social media charity campaign. To commemorate the bank’s 15th birthday, “Sweet 15” mobilized the power of social media by attracting 17,000 people to direct $75,000 of the bank’s money to 15 local nonprofit organizations. During the campaign, the bank’s Facebook page gained over 16,000 new “likes” and created over 3.5 million impressions, which created significant awareness for local nonprofits. President and CEO Timothy Marshall threw his wholehearted support into the effort, encouraging all employees and friends to join the campaign. The enthusiasm and passion displayed by the community for the local nonprofits was overwhelming and benefited local nonprofits, such as Humane Society of Huron Valley, Down Syndrome Support Team, Friends of Fiddlers Restrung, the Neutral Zone and many more.

Bryant State Bank was named as a National Award recipient in recognition of its community development program. As Bryant, S.D.’s largest full-time employer, WW Tire, a tire retail, wholesale and recapping manufacturing company, faced a dilemma: the company had outgrown its facilities and needed to expand, but there were no suitable building sites in the community that had both the space and the infrastructure to meet the needs of the expanding business. The business began to explore options of moving the expansion to a larger community outside the area, which would have a devastating impact on the community. This is when President Jeff Davis, President and Chairman Lee Jacobson, of Bryant State Bank stepped in. Instead of letting opportunities go elsewhere, Bryant State Bank’s donation of more than 200 hours and over 40 percent staff involvement expanded job opportunities, increased public funds and enhanced the community for generations to come. In addition, the project facilitated future growth opportunities for another business, and building plans are underway.

Learn more about these banks’ unparalleled acts of community service and the ICBA National Community Bank Service Awards at www.icba.org.

 

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Bank of Ann Arbor's Advertising Campaign Attracts National Attention

by Bank of Ann Arbor March 7, 2012 10:17

Bank of Ann Arbor's "Non-local banks think" advertising campaign is featured on The Financial Brand, a web site that reaches 40,000 financial marketing professionals across the country. Read the story here.

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Bank of Ann Arbor's President Tim Marshall Selected to Chair Federal Reserve Committee

by Bank of Ann Arbor February 22, 2012 6:00

Bank of Ann Arbor is pleased to announce that its President and CEO, Timothy G. Marshall, has been approved by the Board of Governors of the Federal Reserve Bank to serve as Chair of the Federal Reserve Bank of Chicago’s Community Depository Institution Advisory Council (CDIAC). Marshall was originally appointed to serve as one of the twelve council members representing the five state Chicago Federal Reserve region in early 2011. 

In his new role as Chair of the Chicago region, Mr. Marshall will also attend meetings of the national CDIAC hosted by the Federal Reserve in Washington, DC.  Marshall is the only community banker representing the State of Michigan on both the Chicago and national CDIAC.

“I am quite humbled by this appointment as the new Chair and look forward to presenting the Board of Governors and other representatives from the Federal Reserve in Washington who participate in the CDIAC meetings with meaningful economic and banking updates from our region of the country”, explained Tim Marshall. “Bank of Ann Arbor has operated quite successfully throughout the economic downturn and this appointment is recognition of the strong performance of the bank in addition to a positive reflection on the oversight provided by an exceptional board of directors. I am thankful to be associated with such a great board and a wonderful group of colleagues here at Bank of Ann Arbor of whom I regularly refer to as “The World’s Best Bankers”. Everyone associated with Bank of Ann Arbor should feel a sense of accomplishment with this recognition.”


About the Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago is one of 12 regional Reserve Banks across the United States that, together with the Board of Governors in Washington, D.C., serves as the central bank for the United States. The CDIAC provides an avenue for the Federal Reserve Bank to learn more about specific financial sectors throughout the Seventh Federal Reserve District, which encompasses Illinois, Indiana, Wisconsin, Michigan and Iowa. Further, CDIAC meetings provide an opportunity for council members to discuss their concerns and views on economic, financial, and regulatory matters with key decision makers.

Council members serve staggered terms lasting up to three years and meet twice annually to provide their views on current business and economic conditions to Chicago Fed President Charles Evans and other senior officials of the Federal Reserve Bank. Input from Council members on regional banking conditions helps contribute to the Federal Reserve System's formulation of national supervisory and monetary policy.

About Bank of Ann Arbor
Bank of Ann Arbor is a locally owned and operated bank with total assets and assets under management of over $1.4 billion, serving people and businesses in the Ann Arbor area with offices at the corner of Fifth Avenue and Washington Street in downtown Ann Arbor, in the Traver Village Shopping Center, across from the Arborland Mall, at the corner of Stadium and Liberty streets, on West Ellsworth Road in Pittsfield Township, and on West Michigan Avenue in downtown Ypsilanti. Its newest office is on Ann Arbor Road in Plymouth.  The web site is www.boaa.com. Visit us on Facebook, Twitter, and LinkedIn.

About Tim Marshall
Tim Marshall is President and CEO of Arbor Bancorp, Inc. and Bank of Ann Arbor, a locally owned and operated full-service community bank with seven locations in the Ann Arbor, Michigan area.  The bank was founded in 1995 and has grown to $773 million in total assets.  The trust and investment management group was formed in late 1997 and has total assets under administration of $658 million.  Combined bank and trust assets exceed $1.4 billion. The December 31, 2011 fiscal year end represents the second consecutive year of record-level assets, deposits, and earnings. In addition to supporting the lending and deposit needs of our local businesses and consumers, Bank of Ann Arbor is very active in the entrepreneurial community and has built one of the premier Technology and Life Science Banking Groups in the Midwest. 

Tim is a graduate of Purdue University, where he received a B.S. in Industrial Management from the Krannert School of Business and a M.B.A. from Butler University.

His banking career spans 27 years starting in 1981 at Indianapolis based American Fletcher National Bank. In 1994, he moved to Indianapolis headquartered Salin Bank & Trust Co. where his management responsibilities ranged from serving as the Chief Credit Officer to managing all functional business lines as the President, Chief Operating Officer, and a Board Director of Salin.  The bank grew from approximately $200 million in assets to nearly $1 billion under his direction. Trust assets were $34 million in 1998 and grew to $431 million prior to his departure in June 2004 when he joined Bank of Ann Arbor in his current role.

Active in his community, Tim is a board director for the Washtenaw County Shelter Association, as well as a board member for the Affordable Housing Partners, Inc., Great Lakes Capital Fund Nonprofit Housing Corporation, an affiliate of the Great Lakes Capital Fund for Housing, and the Ann Arbor Economic Development Corporation.  Tim was appointed in 2011 to the Federal Reserve Bank of Chicago’s Community Depository Institution Advisory Council (CDIAC) and will serve as its Chair in 2012.  Bank of Ann Arbor was a founding member of Ann Arbor SPARK, an economic development organization in southeast Michigan, where he serves as Vice Chairman of the Board and is on the Executive Committee.  He also is a member of the Downtown Rotary Club and has volunteered his time on numerous initiatives with the United Way, American Red Cross, Arbor Hospice, Ann Arbor Area Transportation Authority and Chamber of Commerce.

 

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Week 6 Build-A-Billboard Contest Winners!!

by Bank of Ann Arbor November 15, 2011 1:22

Great entries this week!! "Non-local banks think Thurston was stranded with Lovey on Gilligan's Island" and "Non-local banks think Pioneer High is Daniel Boone's alma mater" are two of the eight winners this week. Check out all the entries in our gallery or on our Facebook page. The contest ends this Friday so get your submissions in.

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Week 5 Winners in Build-A-Billboard Contest

by Bank of Ann Arbor November 7, 2011 1:31

We had some great entries this week. "Non-local banks think Frog Island is a vacation resort for amphibians" and "Non-local banks think Wolverine Tower is a U-M cheerleader stunt" are just two of the thirteen winners. Check out all the entries in our Gallery or visit our web page. There's still time to enter your ideas. Weekly winners receive a $50 VISA gift card and are entered into competition for a Grand Prize of $1,500 and entry on a local billboard.

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Veteran's Day at Bank of Ann Arbor

by Bank of Ann Arbor November 7, 2011 10:57

In honor of those who have served our country, all Bank of Ann Arbor offices will be closed on Friday, Nov 11 for Veteran’s Day. Online and telephone banking will be available. Or use one of our 11 ATMs around Washtenaw County.  Offices will be open on Saturday according their regular hours.

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Week 4 Winners in Build-A-Billboard Contest

by Bank of Ann Arbor November 2, 2011 11:13

Ten winners were chosen from nearly 80 submissions in Week 4 of Bank of Ann Arbor's Build-A-Billboard contest. Check out the terrific entries in our Gallery or visit our web page.  There's still time to enter your ideas.  Weekly winners receive a $50 VISA gift card and are entered into competition for a Grand Prize of $1,500 and entry on a local billboard.

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Week 3 Winners Announced in Build-A-Billboard Contest

by Bank of Ann Arbor October 24, 2011 2:33

10/24/11- Ten entries were selected as winners for Week 3 of Bank of Ann Arbor's Build-A-Billboard Facebook contest. Winning entries include familiar local places such as Community High, Greenhills, Wazoo Records and more.  See all the winning entries on our web site or on Bank of Ann Arbor's Facebook page.

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