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First Financial Bank Expands to Grand Rapids

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First Financial Bank (FFBC) announces its expansion into Michigan with the opening of a commercial banking office in Grand Rapids. The bank appointed Chris Turner, a Grand Rapids native with 32 years of financial industry experience, as commercial market president to lead the local commercial banking team.

The bank will offer Michigan businesses comprehensive banking solutions, including commercial credit, asset-based lending, ESOP, sponsor and family office banking, syndications, and treasury management. Specialty services will be provided through various divisions including Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance, and Yellow Cardinal Advisory Group.

This expansion follows First Financial's recent growth into Chicago, Cleveland, and Evansville, Indiana markets. The bank aims to provide end-to-end solutions for business owners, from start-up to mergers and acquisitions, business succession, and legacy financial planning.

First Financial Bank (FFBC) annuncia la sua espansione nel Michigan con l'apertura di un ufficio bancario commerciale a Grand Rapids. La banca ha nominato Chris Turner, un nativo di Grand Rapids con 32 anni di esperienza nel settore finanziario, come presidente del mercato commerciale per guidare il team locale di banking commerciale.

La banca offrirà alle aziende del Michigan soluzioni bancarie complete, inclusi crediti commerciali, prestiti basati su attivi, ESOP, banking per sponsor e family office, sindacati e gestione della tesoreria. Servizi specializzati saranno forniti attraverso diverse divisioni, tra cui Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance e Yellow Cardinal Advisory Group.

Questa espansione segue la recente crescita di First Financial nei mercati di Chicago, Cleveland e Evansville, in Indiana. La banca mira a fornire soluzioni complete per i proprietari di imprese, dalla creazione di start-up a fusioni e acquisizioni, successione aziendale e pianificazione finanziaria patrimoniale.

First Financial Bank (FFBC) anuncia su expansión en Michigan con la apertura de una oficina bancaria comercial en Grand Rapids. El banco ha nombrado a Chris Turner, un nativo de Grand Rapids con 32 años de experiencia en la industria financiera, como presidente del mercado comercial para liderar el equipo local de banca comercial.

El banco ofrecerá a las empresas de Michigan soluciones bancarias integrales, incluyendo crédito comercial, préstamos basados en activos, ESOP, banca para patrocinadores y oficinas familiares, sindicaciones y gestión de tesorería. Los servicios especializados se proporcionarán a través de varias divisiones, incluyendo Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance y Yellow Cardinal Advisory Group.

Esta expansión sigue al reciente crecimiento de First Financial en los mercados de Chicago, Cleveland y Evansville, Indiana. El banco tiene como objetivo proporcionar soluciones integrales para los propietarios de negocios, desde la creación de empresas hasta fusiones y adquisiciones, sucesión empresarial y planificación financiera patrimonial.

퍼스트 파이낸셜 뱅크 (FFBC)그랜드 래피드스에 상업 은행 사무소를 개설하며 미시간으로의 확장을 발표했습니다. 은행은 32년의 금융 산업 경험을 가진 그랜드 래피드스 출신 크리스 터너를 상업 시장 사장으로 임명하여 지역 상업 은행 팀을 이끌게 했습니다.

은행은 미시간 기업에 상업 신용, 자산 기반 대출, ESOP, 스폰서 및 패밀리 오피스 뱅킹, 신디케이션 및 재무 관리 등 포괄적인 은행 솔루션을 제공할 것입니다. 특화된 서비스는 Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance, Yellow Cardinal Advisory Group과 같은 다양한 부서를 통해 제공됩니다.

이번 확장은 퍼스트 파이낸셜이 시카고, 클리블랜드, 인디애나주 에반스빌로 최근 성장한 뒤 이루어진 것입니다. 은행은 스타트업부터 인수합병, 사업 승계, 유산 재정 계획까지 사업 소유자에게 종합 솔루션을 제공하는 것을 목표로 하고 있습니다.

First Financial Bank (FFBC) annonce son expansion dans le Michigan avec l'ouverture d'un bureau de banque commerciale à Grand Rapids. La banque a nommé Chris Turner, un natif de Grand Rapids avec 32 ans d'expérience dans le secteur financier, au poste de président du marché commercial pour diriger l'équipe bancaire commerciale locale.

La banque proposera aux entreprises du Michigan des solutions bancaires complètes, notamment le crédit commercial, le financement basé sur des actifs, l'ESOP, le banking pour sponsors et family office, les syndications et la gestion de la trésorerie. Des services spécialisés seront fournis par le biais de diverses divisions, y compris Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance et Yellow Cardinal Advisory Group.

Cette expansion fait suite à la récente croissance de First Financial sur les marchés de Chicago, Cleveland et Evansville, dans l'Indiana. La banque vise à fournir des solutions de bout en bout pour les propriétaires d'entreprises, depuis la création d'entreprises jusqu'aux fusions et acquisitions, à la succession d'entreprise et à la planification financière patrimoniale.

First Financial Bank (FFBC) kündigt seine Expansion nach Michigan mit der Eröffnung eines Geschäftsbankbüros in Grand Rapids an. Die Bank hat Chris Turner, einen gebürtigen Grand Rapids mit 32 Jahren Erfahrung in der Finanzbranche, zum Präsidenten des Geschäftsmarktes ernannt, um das lokale Team für Geschäftsbankdienstleistungen zu leiten.

Die Bank wird den Unternehmen in Michigan umfassende Banklösungen anbieten, darunter Handelsfinanzierung, assetbasierte Kredite, ESOP, Sponsor- und Family Office-Banking, Syndizierungen und Treasury-Management. Spezialdienste werden durch verschiedene Abteilungen bereitgestellt, darunter Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance und Yellow Cardinal Advisory Group.

Diese Expansion folgt auf das kürzliche Wachstum von First Financial in den Märkten Chicago, Cleveland und Evansville, Indiana. Die Bank hat sich zum Ziel gesetzt, umfassende Lösungen für Unternehmensinhaber von der Gründung über Fusionen und Übernahmen bis hin zu Unternehmensnachfolgen und Vermögensplanung anzubieten.

Positive
  • Geographic expansion into new market (Grand Rapids)
  • Addition of experienced local leadership with 29 years of market knowledge
  • Continuation of strategic growth following successful market entries in Chicago, Cleveland, and Evansville
Negative
  • None.

GRAND RAPIDS, Mich., Jan. 24, 2025 /PRNewswire/ -- First Financial Bank (Nasdaq: FFBC) is expanding into Michigan with the introduction of Grand Rapids native and highly experienced banker Chris Turner as commercial market president, and the opening of a commercial banking office in Grand Rapids. Turner leads First Financial's Grand Rapids commercial banking team and is responsible for the bank's commercial and industrial client relationships in the area.

"Chris and his team bring excellent local market knowledge and connections that, added to the commercial banking capabilities we can offer to local businesses, position us well to build new relationships and grow our presence here," said Archie Brown, president and CEO. "First Financial's mission is to help our clients and communities thrive. We look forward to serving the needs of business throughout Grand Rapids."

First Financial will offer Michigan businesses a broad suite of sophisticated banking solutions, including commercial credit and services, asset-based lending, ESOP, sponsor and family office banking, syndications, treasury management, trade finance, M&A advisory, risk management and employee financial wellness programs. Specialty banking lines of business include Bannockburn Capital Markets, equipment finance and leasing through Summit Funding Group, specialty financing lending through Oak Street Funding, commercial insurance premium financing through Agile Premium Finance, and both institutional and personal wealth management through Yellow Cardinal Advisory Group.

First Financial also provides end-to-end solutions for business owners, from start-up to mergers and acquisitions, business succession and managing business owners' investment and legacy financial needs.

"We are excited to introduce First Financial to Grand Rapids not only because of the focus on offering a full spectrum of solutions, but also the bank's approach of building strong relationships as trusted advisors for clients," Turner said. "Our Grand Rapids team is already having conversations about helping businesses grow, and we are committed to making a positive impact to help lift the region."

Turner has more than 32 years of experience in the financial services industry, including 29 years in the Grand Rapids area. He is a graduate of Aquinas College in Grand Rapids.

The move into Grand Rapids continues First Financial's growth, after expansions into Chicago, Cleveland and Evansville, Indiana, in recent years.

About First Financial Bancorp.
First Financial Bancorp. is a Cincinnati, Ohio based bank holding company. As of December 31, 2024, the Company had $18.6 billion in assets, $11.8 billion in loans, $14.3 billion in deposits and $2.4 billion in shareholders' equity. The Company's subsidiary, First Financial Bank, founded in 1863, provides banking and financial services products through its six lines of business: Commercial, Retail Banking, Investment Commercial Real Estate, Mortgage Banking, Commercial Finance and Wealth Management. These business units provide traditional banking services to business and retail clients. Wealth Management provides wealth planning, portfolio management, trust and estate, brokerage and retirement plan services and had approximately $3.7 billion in assets under management as of December 31, 2024. The Company operated 127 full service banking centers as of December 31, 2024, located in Ohio, Indiana, Kentucky and Illinois, while the Commercial Finance business lends into targeted industry verticals on a nationwide basis. Additional information about the Company, including its products, services and banking locations, is available at www.bankatfirst.com.

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SOURCE First Financial Bancorp.

FAQ

When is First Financial Bank (FFBC) opening its Grand Rapids office in 2025?

First Financial Bank announced the opening of its Grand Rapids commercial banking office on January 24, 2025.

What services will FFBC offer in its new Grand Rapids location?

FFBC will offer commercial credit, asset-based lending, ESOP, sponsor and family office banking, syndications, treasury management, trade finance, M&A advisory, and various specialty banking services.

Who is leading FFBC's new Grand Rapids commercial banking team?

Chris Turner, a Grand Rapids native with 32 years of financial industry experience, has been appointed as commercial market president to lead the Grand Rapids team.

What other markets has FFBC expanded into recently?

FFBC has recently expanded into Chicago, Cleveland, and Evansville, Indiana markets.

What specialty banking divisions does FFBC operate through in Grand Rapids?

FFBC operates through Bannockburn Capital Markets, Summit Funding Group, Oak Street Funding, Agile Premium Finance, and Yellow Cardinal Advisory Group.

First Financial Bancorp

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