Michael Tierney Joins Oxford Bank Corporation's Board of Directors
Michael Tierney Appointed to Oxford Bank Board of Directors
Oxford Bank Corporation (OTC Bulletin Board: OXBC) is proud to announce the addition of Michael J. Tierney to its Board of Directors. This move signifies the bank's commitment to strengthening its governance and strategic direction.
Michael Tierney's Impressive Background
Michael Tierney brings a wealth of experience from various significant roles across the banking industry. Over the years, he has led several financial institutions, starting his career at Comerica Bank where he oversaw a large network of branches and services. His career advanced further at Chase Bank, where he managed the Business Banking unit in the Midwest region.
Paving the Way for Community Banks
Most recently, Tierney served as the President and CEO of the Community Bankers of Michigan. This organization has been instrumental in advocating for community banks and enhancing their presence in the financial landscape. His commitment to advancing the banking sector has earned him respect in both local and national contexts.
Support from Board Leadership
Lead Independent Director Karen Mersino expressed excitement about Tierney's appointment. She noted that his expertise would greatly contribute to the Board’s strategic discussions and initiatives, reflecting the organization's dedication to continuous improvement.
Enhancing the Board's Perspective
David Lamb, Chairman and CEO, remarked on the unanimous support for Tierney's appointment, highlighting the value of his diverse banking experiences. This addition represents a step forward as the bank navigates an increasingly complex banking environment.
About Oxford Bank Corporation
Oxford Bank is a historic commercial bank with over a century of service, achieving sustained success through local ownership and management. The bank operates several branches and customer experience centers, continuing its legacy of solid financial service.
Commitment to Community and Growth
With Tierney on board, Oxford Bank Corporation expects to amplify its capabilities in various banking sectors, ensuring it meets the needs of its customers and supports local economies. His leadership will be invaluable in fortifying the bank's resources as it adapts to market demands.
Frequently Asked Questions
Who is Michael J. Tierney?
Michael J. Tierney is a seasoned banking executive with a background in various leadership roles at prominent financial institutions.
What does Tierney’s appointment mean for Oxford Bank Corporation?
Tierney’s experience will provide valuable insights and contribute to the strategic direction of Oxford Bank, enhancing its governance.
How long has Oxford Bank Corporation been in operation?
Oxford Bank has been providing banking services since 1884, making it the oldest commercial bank in its area.
What role does the Community Bankers of Michigan play?
This organization advocates for community banks, offering support and resources while promoting the industry across Michigan.
How can I contact Oxford Bank Corporation?
For inquiries, you can contact David P. Lamb at (248) 628-2533.
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