Level One Bank Continues Growth, Doubles Size of Mortgage

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
146
Level One Bank Continues Growth, Doubles Size of Mortgage Division

FARMINGTON HILLS, Mich., July 09, 2018 (GLOBE NEWSWIRE) -- Level One Bank (Nasdaq: LEVL ) announced today that it is doubling the size of its mortgage division with the addition of new mortgage loan officers and support staff.

The new team members are joining Level One Bank from MB Financial Bank. Mortgage industry leaders Joe Skaisgir, Troy Fairbanks, and Rob Laney are among those joining Level One Bank from the local MB Financial offices in Ann Arbor and Northville, and will further strengthen the Bank’s mortgage presence in Southeast Michigan.

“Level One Bank continues to expand and grow in the markets we serve. This new growth opportunity will enhance profitability while remaining true to our commitment to serving our community, a cornerstone of our philosophy. Strengthening our mortgage division will allow us to better serve individuals, families and businesses looking to deepen their roots in our community,” said Level One Bank CEO Patrick J. Fehring.

Timothy R. Mackay, EVP of Consumer Banking, added, “The newest additions to our mortgage team are among the most capable and accomplished professionals in the mortgage business. This expansion enables us to leverage our infrastructure and build on the success of our existing mortgage team. Level One Bank continues to be a destination for top talent and that will translate to the client experience.”

The Ann Arbor Team will occupy Level One Bank’s newest Mortgage Loan Center located at 1328 S. Main St., Ann Arbor, MI 48104. The Northville Team will be located at existing Level One Bank locations in Novi, Northville, and Farmington Hills.

About Level One Bank Level One Bank is a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $1.3 billion as of December 31, 2017. It operates eleven banking centers throughout Southeast Michigan and West Michigan. Level One Bank’s success has been recognized locally and nationally as the U.S. SBA ‘Community Lender of the Year’ and ‘Export Finance Lender of the Year’, S&P Global’s Top 10 ‘Best-Performing Community Banks’ in the nation, and American Banker Magazine’s ‘Best Banks to Work For’. The Commercial Division provides a complete menu of products including lines of credit, term loans, leases, commercial mortgages, SBA loans, Export-Import financing, and Treasury Management and Private Banking services. The Consumer Division offers personal savings and checking accounts and a complete array of consumer loan products including residential mortgages, home equity, auto, and credit card services. For more information, visit www.levelonebank.com .

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Class Action Alerts: M&A Under Scrutiny

Updated Category News Views 3

Unpacking Monteverde's M&A Investigations Hold your horses, folks! The M&A Class Action Firm is stirring the pot with its latest inquiries into some high-profile mergers. We're looking at Lisata Therapeutics, Flag Ship Acquisition Corporation, Baldwin Insurance Group, and ACV Auctions. So what's got Juan Monteverde's legal eagles swooping in on these deals? Well, are we...

Continue Reading
Blokees Unveils 90+ New Wonders at Shanghai Fest

Updated Category News Views 3

A Grand Stage for New Arrivals Picture this: In the bustling and glittering chaos that was the Wonder Festival Shanghai 2026, held from October 3 to 4, Blokees laid down a major marker. More than 500 products, an artillery of imagination and craftsmanship, were on deck across their key lines—Blokees Model Kits and BLOKEES WHEELS. With 90 brand-new creations making their...

Continue Reading
Power Knot MEA Wins THE BIZZ 2026 for Excellence

Updated Category News Views 3

Setting the Pace in Waste Management If there's one thing that sticks in my craw, it's how businesses handle food waste. Power Knot Middle East (PKME) seems to have cracked the code by not just leading the charge in organic waste management but also bagging THE BIZZ 2026 award. They’re not just playing industry games; PKME's pulling the strings with real leadership and...

Continue Reading
SiBionics and PharmaSens Unveil Diabetes Tech at EASD

Updated Category News Views 2

Shaking Up Diabetes Care: New Tech Unveiled Imagine a world where managing diabetes isn't a juggling act with multiple devices. That's precisely the future SiBionics and PharmaSens are pitching at the European Association for the Study of Diabetes (EASD) 2026 in Milan. Now, let me tell you, these guys aren't just playing around with ideas; they're aiming to radically...

Continue Reading
Lawsuit Highlights Inaction in School Bus Tragedy

Updated Category News Views 3

Seeking Justice Amid Heartbreak Tragedy rarely arrives whispered on the wind—more often, it's the train wreck some saw coming long before it hits. The tragic death of Jenna Menias, a 6-year-old from Frankfort, Illinois, falls squarely in this camp. The family's legal lions, Corboy & Demetrio, have slapped two school districts—District 210 and 157-C—with a wrongful...

Continue Reading
Monteverde Probes Four Key M&A Deals for Fairness

Updated Category News Views 4

Examining the Intricacies of Pending M&A The merger and acquisition landscape can be vicious, especially when the sharks—those pesky class action lawyers—start circling. And let me tell you, Monteverde & Associates PC is diving headfirst into the fray, launching inquiries into a handful of these deals. This isn't your first stroll down Wall Street if you’ve seen one...

Continue Reading
Monster Energy Dominates Skateboard Podium at SLS Paris

Updated Category News Views 3

Monster Energy's Skateboard Triumph Hold the front page, because Monster Energy just pulled off a clean sweep in Paris. The company's team riders dominated the Men's Skateboard Street competition at the SLS Paris 2026, with the iconic Nyjah Huston snagging the top spot. It's a story filled with triumph, grit, and a dash of raw talent in a vibrant field of international...

Continue Reading
ARTBOX Brings Korean Lifestyle Magic to LA Pop-Up

Updated Category News Views 3

ARTBOX: From Seoul to La-La Land Here's what caught my eye. It's 2026, and Korean lifestyle retailer ARTBOX is making a splash in the U.S.—kicking things off with a pop-up in LA. Now, usually, I'd be skeptical about pop-ups, but you've got to admire the audacity and timing here. They've picked Melrose Avenue, a hotspot for all things trendy, to introduce their mix of...

Continue Reading
Black Culture Icon: Plastic-Covered Couch Takes Stage

Updated Category News Views 3

A Plastic-Laden Piece of History Makes Art Who'd have thought a plastic-covered couch would turn into a cultural artifact? This iconic staple in Black households has done just that, debuting at Brooklyn's CultureCon in a fresh guise. It's more than just an upcycled furniture piece; it's a living archive that encapsulates Black culture, joy, and resilience. The Heart...

Continue Reading
Monteverde's Equity Alert: Scrutinizing Recent M&A Deals

Updated Category News Views 3

Diving Into M&A Deals Under Monteverde's Lens Wall Street’s not just about suits and skyscrapers; it’s about the nitty-gritty of deals and whether those numbers add up in the investor's favor. So, when Monteverde & Associates PC throws its weight into scrutinizing mergers and acquisitions, you better believe it's worth a second look. See, they’re digging into four...

Continue Reading

Top 5 Most Recently Viewed Articles

MIRA Pharmaceuticals' Stock Takes Off After Breakthrough Results

Updated Category News Views 263

MIRA Pharmaceuticals Experiences Significant Stock Growth MIRA Pharmaceuticals Inc (NASDAQ: MIRA) recently saw a remarkable rise in its stock price following the release of groundbreaking preclinical data regarding its lead candidate, Mira-55. This surge in value reflects investor confidence in the company's innovative approach to treating pain without the use of opioids....

Continue Reading
Empowering Farmers: TAB Bank's $5 Million Deal Unveiled

Updated Category News Views 110

Empowering Growth in Agriculture TAB Bank has recently made headlines with a significant $5 million financing deal focusing on agriculture. This strategic investment is designed to empower farmers and agricultural businesses, providing them with the crucial financial resources needed to thrive. A Partnership for Progress By partnering with a Nevada-based firm that...

Continue Reading
Boost Mobile Launches Exciting Google Pixel 10 Lineup

Updated Category News Views 156

Exciting Addition of Google Pixel 10 Series to Boost Mobile Boost Mobile has announced the addition of the Google Pixel 10, Pixel 10 Pro, and Pixel 10 Pro XL to its device lineup, marking a significant milestone for both Boost Mobile and its customers. This highly anticipated release brings the premium and innovative Google Pixel devices to Boost Mobile's extensive...

Continue Reading
ResiDex Software Gains Major Investment to Thrive in EHR Sector

Updated Category News Views 248

ResiDex Software Gains Strategic Investment from Accel-KKR ResiDex Software has secured a significant investment from Accel-KKR, a renowned technology-focused private equity firm. This partnership is set to bolster ResiDex's growth trajectory and innovation in the healthcare technology market, specifically aimed at enhancing the services offered to assisted living and...

Continue Reading
Nyrstar NV's Journey: Update on Company Status and Future

Updated Category News Views 618

Nyrstar NV's Journey: Current Insights on Continuation In the world of corporate governance, updates about a company's operational status are crucial for both investors and stakeholders. Nyrstar NV has provided significant clarifications regarding its potential dissolution or continuation. Recent communications highlight the cautious approach taken by the Company's board...

Continue Reading