Friday, May 25, 2012

Midland's Chemical Bank committed to expanding its Michigan footprint


Gwizdala Lori.jpg
While Chemical Bank already has more than 140 locations throughout the state, there's still room for growth. Lori A. Gwizdala, Chemical Financial's executive vice president and chief financial officer, said Thursday after the company announced it had acquired 21 branches of Independent Bank, that the Midland-based financial institution is committed to keep growing in the state. "We've been fortunate that our financial strength has allowed us to grow internally and through acquisitions," Gwizdala said. The 21 branches of Independent Bank to be acquired by Chemical Bank are in Otsego, Alpena, Presque Isle, Montmorency, Roscommon, Iosco, Ogemaw, Calhoun and Kalamazoo counties. With the exception of Roscommon, the counties represent new markets for Chemical Bank.

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