CLARKSTON, Mich., Nov. 22, 2011 (GLOBE NEWSWIRE) -- J. Grant Smith, President and CEO of Clarkston State Bank, is pleased to welcome Robert F. Grant as their Executive Vice President and Senior Lender, filling a key position for the bank. Mr. Grant brings with him broad experience and knowledge in the commercial lending and credit disciplines, both of which are invaluable in today's environment.
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Mr. Grant's 30+ years' banking experience is highlighted by his appointment to Regional President at TCF Bank back in 2008 after heading up their commercial banking discipline in 2005. During that time, he led the growth of the commercial loan portfolio by 20% over three years and established a health care loan group that yielded both significant loan and deposit growth for the bank. He previously spent 20 years in leadership roles in commercial lending at Old Kent Bank and its successor Fifth Third Bank.
President J. Grant Smith said, "The addition of Bob to our executive team along with his leadership and lending expertise is critical to our strategic plan as we complete our turnaround and begin the process of rebuilding the bank. Our Board of Directors is excited to have him on our team and know his presence will have a great impact on our future."
Mr. Grant is located at the Waterford office of Clarkston State Bank on Highland Road in front of the Oakland County airport.
Clarkston State Bank opened in January 1999 and operates four branches in Clarkston, Waterford and Independence Township, Michigan.
