OXFORD, Mich., Jan. 19 /PRNewswire-FirstCall/ -- The board of directors of
Oxford Bank Corporation (OTC Bulletin Board: OXBC), the holding company for
Oxford Bank, announced today the Bank appointments of Jerry V. Farstvedt and
Nicholas W. Hevron to senior vice president from vice president, Patricia L.
Halleck to vice president from assistant vice president, Cynthia Edgett to
assistant vice president from bank officer, and Robert J. Chetkovich and
Barbara Manderville to bank officer.
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Mr. Farstvedt began his 15-year career with Oxford Bank as an assistant
vice president and commercial loan officer in August of 1988. He was promoted
to vice president in December of 1995 and was designated manager of the Bank's
commercial loan department in 1996.
A community banker for over 30 years, and a commercial lender and manager
for over 23 years, Mr. Farstvedt joined Oxford Bank after spending nearly 16
years in various positions with a larger, southeastern Michigan-based bank. A
long-time resident of Orion Township, he is a past president and past board
member of the Oxford Community Development Authority.
Mr. Hevron has served as the Bank's vice president and controller since
beginning his employment in December of 1994. He was elected cashier in May
of 1999 and received the designation of chief financial officer of both the
Bank and the Corporation in December of 1999. Mr. Hevron's responsibilities
include financial management, accounting, management and regulatory reporting,
investments, asset liability management, and shareholder relations.
A resident of Oakland Township, Mr. Hevron has over 38 years of experience
in the financial services industry with three banks, an investment advisory
firm, and as the proprietor of his own consulting practice. He donates his
time locally to the Meals-On-Wheels program in Oxford, and is a past chairman
and current vice-chairman of the Oxford Community Development Authority.
A mortgage banker for over 21 years, Mrs. Halleck began her career with
Oxford Bank as a teller in October of 1978. She joined the mortgage
department as a mortgage clerk four years later in October of 1982 and was
appointed to bank officer in December of 1992. Mrs. Halleck was promoted to
assistant vice president in December of 1996. A long-time resident of Oxford,
she holds a diploma from the Robert M. Perry School of Banking at Central
Michigan University.
An active supporter of the Oxford schools, Mrs. Halleck currently donates
her time as a member and past president of the Oxford-Orion Optimist Club, a
board member and past president of the Oxford Area Chamber of Commerce, an
associate member of the Oxford Women's Club and a board member of the Oxford
Community Development Authority.
A resident of Lapeer County, Mrs. Edgett has served as the Bank's loss
prevention manager since 1995. She was appointed to bank officer in December
of 1997. Before attaining her current position, Mrs. Edgett had also served
as the Bank's bookkeeping supervisor, followed by assistant branch manager and
then branch manager duties at the Bank's Addison-Oaks branch between 1990 and
1995. A banker for over 25 years, she began her current tenure with Oxford
Bank as a teller in 1985.
Mrs. Edgett holds diplomas from the Robert M. Perry School of Banking at
Central Michigan University and the National Consumer Credit School at the
University of Oklahoma, along with donating her time to the Meal-On-Wheels
program in Oxford Township and as a member of North Oakland Loss Prevention
Association.
Mr. Chetkovich joined the Bank in April of 2002 as a lender in the Bank's
consumer loan department. He had previously been employed as vice president
and consumer lender for a larger, regional bank based in southeast Michigan.
A resident of Waterford, Mr. Chetkovich has over 35 years of banking
experience in various positions connected to retail branch management as well
as consumer lending and management.
A 23-year employee of Oxford Bank, Mrs. Manderville attained her current
position as bookkeeping supervisor in January of 1990. Prior to joining the
bookkeeping department, she had served the Bank in various capacities for 10
years, including customer service representative and mortgage clerk. A
resident of Oxford, Mrs. Manderville began her career as a teller in October
of 1980. A four-time Oxford Bank Employee of the Year, she donates her time
as a volunteer for the American Cancer Society.
Randall G. Fox, president and chief executive officer of Oxford Bank
Corporation, announced the appointments and commented, "These are deserving
appointments and important moves as the board continues to implement its
strategic plan to set the direction of the Bank for the future. Each of these
individuals has proven themselves to be very capable bankers and respected
leaders who exemplify the values of community banking this institution was
founded on."
Oxford Bank Corporation is a registered bank holding company. Its
subsidiary, Oxford Bank, is Oakland County's oldest commercial bank and has
been locally owned and operated since it first opened for business in 1884.
The bank has full service offices in Oxford, Lake Orion, Clarkston, Oakland
Township, Ortonville, and Dryden.
SOURCE Oxford Bank Corporation
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