August 27, 2016 11:22 AM ET

Banks

Company Overview of Talmer Bank and Trust

Company Overview

Talmer Bank and Trust, a community bank, provides personal and business banking, and wealth management services. It offers personal deposits, such as checking accounts, savings accounts, and certificates of deposit; classic savings, money market (personal), holiday savings, health savings accounts, Kids Club savings, and IRA savings; and consumer lending services, such as auto, recreational, home equity, and other loans. The company also provides ATM and debit cards, check reorders, consumer credit cards, online banking and bill payment, telephone banking, and Visa gift cards. In addition, it offers business products, which include business analyzed checking, iBusiness analyzed checking, com...

2301 West Big Beaver Road

Suite 525

Troy, MI 48084

United States

Founded in 2007

Phone:

248-649-2301

Fax:

248-649-2305

Key Executives for Talmer Bank and Trust

Chairman, Chief Executive Officer, Chief Executive Officer of Talmer Bancorp Inc, President of Talmer Bancorp Inc and Director of Talmer Bancorp Inc
Age: 62
President and Chief Operating Officer of Talmer Bancorp Inc.
Age: 57
Chief Financial Officer, Executive Managing Director, Chief Financial Officer of Talmer Bancorp Inc and Executive Managing Director of Talmer Bancorp Inc
Age: 58
Chief Operating Officer and Executive Managing Director
Vice Chairman, Chief Executive Officer of Talmer West Bank and President of Talmer West Bank
Age: 57
Compensation as of Fiscal Year 2016.

Talmer Bank and Trust Key Developments

Gary Collins Resigns as Director of Talmer Bancorp, Inc. and Talmer Bank and Trust

On  August 9, 2016, Gary Collins resigned as a  director of Talmer Bancorp, Inc. and its subsidiary, Talmer Bank and Trust. Talmer Bank entered into an agreement to sell its single branch in Chicago, Illinois to Old Second National Bank. Upon completion of the sale, Mr. Collins is expected to join Old Second National Bank as Vice Chairman and as a director of Old Second Bancorp, Inc. and Old Second National Bank. Mr. Collins will continue to serve as a Vice Chairman of Talmer and Talmer Bank until the closing of the branch sale. Mr. Collins' decision to resign from the boards did not involve a disagreement with Talmer on any matter relating to Talmer's operations, policies or practices.

David G. Leitch Resigns as Director of Talmer Bancorp, Inc. and Talmer Bancorp, Inc

On November 11, 2015, David G. Leitch resigned as a director of Talmer Bancorp, Inc. and its subsidiary, Talmer Bank and Trust. Mr. Leitch resigned from the company's and the Bank's boards of directors as a result of his recent appointment to serve as Global General Counsel of Bank of America Corporation. Mr. Leitch's decision did not involve a disagreement with the Company on any matter relating to the company's operations, policies or practices.

Talmer Bancorp, Inc. and Talmer Bank and Trust Announces Resignation of Denny Kim, Director

On August 25, 2015, Talmer Bancorp, Inc. entered into an underwriting agreement by and among Keefe Bruyette & Woods, Inc., WLR Recovery Fund IV, L.P. and WLR IV Parallel ESC, L.P. (together, the selling shareholders) relating to an underwritten secondary public offering of 9,664,579 shares of class A common stock, par value $1.00 per share, sold by the selling shareholders. Following the closing of the offering described above, the selling shareholders fully divested their ownership in its common stock. As a result, effective August 31, 2015, Mr. Kim resigned from its board of directors and the board of directors of Talmer Bank and Trust. As a result of Mr. Kim’s resignation, the size of board of directors was reduced from 14 members to 13 members.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 1, 2016
Talmer Bank and Trust, Chicago Branch
Bankruptcy
May 3, 2016
Builder's Capital, Inc.
 

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