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Tuesday, 09 June 2015 11:43

Southern Michigan Bank adds branch in Portage

Written by  MiBiz Staff
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Southern Michigan Bank & Trust plans to enter the Kalamazoo-area market this year with a new full-service branch in Portage.

The Coldwater-based Southern Michigan will open the office as part of a development by Hinman Companies at West Kilgore Road and South Westnedge Avenue, next to the Lowe’s store.

The office should open by late 2015.

“We are eager to bring Southern Michigan Bank and Trust’s unique services to the Portage and Kalamazoo area. The region is enjoying significant growth and is home to a vibrant business community,” Chairman and CEO John Castle said.

Southern Michigan Bank and Trust presently has 14 offices in Branch, Calhoun, Hillsdale and St. Joseph counties with total assets as of March 31 of $553.2 million and total deposits of $453.3 million.

Read 2502 times Last modified on Sunday, 28 June 2015 18:05

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