First National Bank (FNB) of Michigan plans to open a Holland office and has hired a veteran banker as market leader.
Greg Accardo, previously with PNC Bank, will serve as market president for FNB’s new Holland location.
“Greg has a keen understanding of the West Michigan market, and brings more than 25 years of experience and knowledge to First National Bank of Michigan,” said Jefra Groendyk, FNB’s market president for Grand Rapids. “His expertise and leadership in business banking — from lending and treasury management to merchant services and more — make him an incredible asset.”
FNB has yet to finalize a site for the new office in Holland, which comes five years after moving into Grand Rapids and will become the bank’s fifth branch. FNB, with assets of $423.6 million and $353.6 million in total deposits as of midyear, also has three offices in the Kalamazoo area.
“We’ve had the privilege of doing business in Holland since we opened our downtown Grand Rapids location in 2011,” said CEO Larry Lueth. “With its small-town hospitality, culture and charm, not to mention its commitment to small businesses and entrepreneurship, it made perfect sense for us to expand further into that market.”