LEVL Level One Bancorp Inc

Level One Bank Continues Growth, Doubles Size of Mortgage Division

Level One Bank Continues Growth, Doubles Size of Mortgage Division

FARMINGTON HILLS, Mich., July 09, 2018 (GLOBE NEWSWIRE) -- Level One Bank (Nasdaq:LEVL) announced today that it is doubling the size of its mortgage division with the addition of new mortgage loan officers and support staff.

The new team members are joining Level One Bank from MB Financial Bank. Mortgage industry leaders Joe Skaisgir, Troy Fairbanks, and Rob Laney are among those joining Level One Bank from the local MB Financial offices in Ann Arbor and Northville, and will further strengthen the Bank’s mortgage presence in Southeast Michigan.

“Level One Bank continues to expand and grow in the markets we serve. This new growth opportunity will enhance profitability while remaining true to our commitment to serving our community, a cornerstone of our philosophy. Strengthening our mortgage division will allow us to better serve individuals, families and businesses looking to deepen their roots in our community,” said Level One Bank CEO Patrick J. Fehring.

Timothy R. Mackay, EVP of Consumer Banking, added, “The newest additions to our mortgage team are among the most capable and accomplished professionals in the mortgage business. This expansion enables us to leverage our infrastructure and build on the success of our existing mortgage team. Level One Bank continues to be a destination for top talent and that will translate to the client experience.”

The Ann Arbor Team will occupy Level One Bank’s newest Mortgage Loan Center located at 1328 S. Main St., Ann Arbor, MI 48104. The Northville Team will be located at existing Level One Bank locations in Novi, Northville, and Farmington Hills.

About Level One Bank



Level One Bank is a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $1.3 billion as of December 31, 2017. It operates eleven banking centers throughout Southeast Michigan and West Michigan. Level One Bank’s success has been recognized locally and nationally as the U.S. SBA ‘Community Lender of the Year’ and ‘Export Finance Lender of the Year’, S&P Global’s Top 10 ‘Best-Performing Community Banks’ in the nation, and American Banker Magazine’s ‘Best Banks to Work For’. The Commercial Division provides a complete menu of products including lines of credit, term loans, leases, commercial mortgages, SBA loans, Export-Import financing, and Treasury Management and Private Banking services. The Consumer Division offers personal savings and checking accounts and a complete array of consumer loan products including residential mortgages, home equity, auto, and credit card services. For more information, visit .

Contact: Kim Eberhardt 
248.626.0006
EN
09/07/2018

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