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David B. Ramaker Appointed to Chemical Financial Corporation Board of Directors

    MIDLAND, Mich., Nov. 5 /PRNewswire/ -- The Board of Directors of Chemical
Financial Corporation (Nasdaq: CHFC) appointed David B. Ramaker to its Board
on October 15, 2001.  Mr. Ramaker is currently President and CEO of Chemical
Bank and Trust Company and Executive Vice President and Secretary of Chemical
Financial Corporation.  The Corporation previously announced that Mr. Ramaker
will succeed Aloysius J. Oliver as President and CEO of Chemical Financial
Corporation effective January 1, 2002.
    Chemical Financial Corporation, with total assets of approximately $3.5
billion, is the fourth largest banking company with its headquarters in
Michigan.  Its three subsidiary banks operate 128 full service "Chemical Bank"
offices and two loan production offices across 32 counties in Michigan's Lower
Peninsula.  Its 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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    CONTACT:
    Aloysius J. Oliver, President and Chief
    Executive Officer of Chemical Financial Corporation,
    +1-989-839-5352