Press Room

NEWS:

Mi BANK names Rita Facchini Senior Vice President

Banking industry veteran, Rita Facchini, has joined Bloomfield Hills-based Mi BANK as senior vice president. Facchini brings extensive experience in construction lending, investment real estate financing, and medical/dental practice lending. Mi BANK officially opens Tuesday, May 28, 2019.
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NEWS:

Mi BANK Names Tom Dorr Chief Operating and Financial Officer

Rob Farr, chairman and CEO of Mi BANK, today announced the appointment of Tom Dorr as chief operating and financial officer. In this role, Dorr will coordinate the implementation of innovative technologies and develop tailored financial tools to empower Mi BANK clients to achieve their goals.
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NEWS:

Meier to Lead Daily Operations of New Bloomfield Hills Based Bank

Rob Farr, chairman and CEO of Mi BANK, today announced the appointment of Jenny Meier as president. Mi BANK is the first new bank in the Midwest since 2009. Located at 3707 W. Maple Road, Suite 110 in Bloomfield Hills, Mi BANK opens its doors for business, Tuesday, May 28, 2019.
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NEWS:

New Mi BANK hires familiar executive as president

Jenny Meier, a former executive at Bank of Ann Arbor, is the new president of the de novo Mi Bank, scheduled to open May 28 in Bloomfield Township.
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NEWS:

Mi BANK to Open in Bloomfield Hills in May, Secures $30M During Capital Raise

Mi BANK reports it has secured $30 million in capital, rather than the needed $25 million required to open the first new bank in the Midwest since 2009. It will be located at 3707 W. Maple Road, Suite 110 in Bloomfield Hills, and will open Tuesday, May 28.
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NEWS:

Michigan de novo surpasses capital goal, plans May opening

MiCommunity Bancorp in Bloomfield Township, Mich., plans to open next month.
Organizers of MiCommunity, the parent of Mi Bank, said in a press release Monday that they have raised $30 million. The group was required in October to raise at least $20 million as part of the regulatory approval for deposit insurance.
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NEWS:

Banking veteran plans first new bank in Michigan since recession

The veteran local banker is aiming to open the first new bank in Michigan since 2009.
Last week, he filed an application with the state and the Federal Deposit Insurance Corp. to charter a new community bank planned for the corner of Lahser and Maple roads in Bloomfield Township.
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PRESS RELEASE:

Mi BANK Finds its Niche with Fiserv Technology

Fiserv, Inc. (NASDAQ: FISV),a leading global provider of financial services technology solutions, announced today that Mi BANK will leverage Fiserv technology and expertise as it opens its doors as the first de novo bank in Michigan in a decade. Based in Bloomfield Township, Mi BANK is focused on serving the distinct financial needs of mid-size and commercial businesses.
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