Tim Marshall

President and Chief Executive Officer

Tim Marshall Photo Tim Marshall joined the bank in 2004 when the bank had $300 million in assets. Since his arrival he has served as the President and CEO of Arbor Bancorp, Inc. and Bank of Ann Arbor, a locally owned and operated full-service community bank with 16 locations serving Michiganders throughout southeast Michigan. The bank was founded in 1996 and has grown to over $3.3 billion in total assets. The trust and investment management group was formed in late 1997 and has total assets under management exceeding $2.1 billion. Combined bank and trust assets are over $5.4 billion. The December 31, 2019 fiscal year end represented ten consecutive years of record-level earnings, increasing at an average annual growth rate of 23% since 2010. The December 31, 2021 fiscal year reflected another year of record level earnings and growth. 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. The bank has also been recognized state-wide and nationally for its employee health initiatives, social media strategies, and as a great place to work.

In addition to its social media success, in 2017, Bank of Ann Arbor was again deemed one of the U.S.'s Top 50 Banks to Work For by the American Bankers Association, the third time in five years. Also, Crain's Detroit Business has previously awarded Bank of Ann Arbor as the top performer in its size category on its list of Healthiest Employers in Southeast Michigan. The Independent Community Bankers of America recognized Bank of Ann Arbor as the 15th best performing bank in the country with assets over $1 billion based on a 3 yr. average ROA of 2.35.

Tim graduated from Purdue University with his B.S. in Industrial Management from the Krannert School of Business and his M.B.A. from Butler University.

His banking career spans 30 plus 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 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 over $1 billion under his management. 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 past board member and chair for the Michigan Bankers Association as well as a current board member for the Affordable Housing Partners, Inc., Cinnaire Investment Corp., Inclusivity Institute, LLC, and the Ann Arbor Economic Development Corp. In 2017, he finished a seven-year term on the board of directors of the Washtenaw County Shelter Association. In 2011, Tim was appointed to the Federal Reserve Bank of Chicago's Community Depository Institution Advisory Council (CDIAC) and served as its Chair from 2012-2014. In his capacity as Chair, Tim met with the Federal Reserve Board of Governors twice a year in Washington D.C. on economic and banking industry trends. Bank of Ann Arbor was a founding member in 2005 of Ann Arbor SPARK, an economic development organization in southeast Michigan, where he has served on its board and executive committee since its founding and served as Chairman of the Board from 2012-2015. Tim was elected to the University Musical Society Board of Directors on July 1, 2018. He's also a member of the Downtown Rotary Club and has volunteered his time on numerous initiatives with the United Way, American Red Cross, Arbor Hospice, Telling It, Ann Arbor Area Transportation Authority, SOS Community Services, and Chamber of Commerce.

Tim and his wife, Emily, have two adult sons and enjoy spending time at their lake house. His interests include reading, playing golf, attending sporting events, cooking and listening to music.

American Banker named us 31st best bank to work for out of 6,000 U.S. banks in 2017.

American Banker named us 31st best bank to work for out of 6,000 U.S. banks in 2017