MIDLAND, Mich., Oct. 5 /PRNewswire/ -- Aloysius J. Oliver, President & CEO
of Chemical Financial Corporation (Nasdaq: CHFC) and Chairman of the Board of
Chemical Bank West, announced the recent appointment of Robert J. Stephan and
John H. Zwarensteyn to the board of directors of Chemical Bank West, Cadillac,
MI. Messrs. Stephan and Zwarensteyn were previously directors of Bank West
Financial Corporation, Grand Rapids, MI, prior to its acquisition by Chemical
Financial Corporation and the subsequent merger of Bank West into Chemical
Bank West on September 14, 2001. Both individuals will also continue to serve
on the local community bank board of the Grand Rapids office of Chemical Bank
West.
Mr. Stephan previously served as Chairman of the Board of Bank West
Financial Corporation, and will continue to chair Chemical Bank West's
community bank board in Grand Rapids. Mr. Stephan earned his B. S. degree
from Western Michigan University and his J. D. degree from the Detroit College
of Law. He has served as prosecuting attorney for two Michigan counties, has
operated a private law practice, and is currently president of SecureOne
Benefit Administrators, Inc. in Grand Rapids.
Mr. Zwarensteyn has been a director of Bank West Financial Corporation
since 1991, holding various committee positions and serving as Secretary to
the Board of Directors. Mr. Zwarensteyn holds a B.A. Degree in Advertising,
Public Relations and Journalism and an M.B.A. degree in Marketing from
Michigan State University. Mr. Zwarensteyn is President/CEO of Gemini
Corporation of Grand Rapids, MI, which is the publisher of the Grand Rapids
Business Journal and various other magazines and specialty publications.
Gemini Corporation also operates Gemini Ventures, a joint ventures and
investments division. Mr. Zwarensteyn is well-known in the Grand Rapids
market through his affiliations in many professional and public service
organizations.
In announcing the new directors, Oliver stated, "We are extremely pleased
to welcome these highly qualified individuals to the board of Chemical Bank
West, and look forward to their continued involvement the Grand Rapids segment
of the bank's market area."
Chemical Bank West is a wholly-owned subsidiary of Chemical Financial
Corporation, Midland. Chemical Financial Corporation is the fourth largest
bank holding company headquartered in Michigan. The Company's four Subsidiary
Banks operate 128 "Chemical Bank" offices and 2 loan production offices spread
over 33 counties in the lower peninsula of Michigan. CFC Data Corp, Midland,
is the Company's wholly owned data processing subsidiary.
Chemical Financial Corporation common stock trades on the Nasdaq Stock
Market under the symbol CHFC and is one of the issues comprising the Nasdaq
Financial 100 Index.
SOURCE Chemical Financial Corporation
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Related links:
http://chemicalbankmi.com
Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/157448.html
CONTACT:
Aloysius J. Oliver, President & CEO of
Chemical Financial Corporation, +1-989-839-5352
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