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GRAND RIVER BANK PROMOTES DREW YSSELDYKE TO PRESIDENT & CEO

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Grand River Bank (GNRV) has promoted Drew Ysseldyke to President & CEO, completing a transition process that began in April 2023. Ysseldyke succeeds Pat Gill, who served as CEO since 2012 and will continue as an advisor and board member. With nearly 30 years of banking experience, Ysseldyke previously held the position of Market President and Corporate Banking Executive for Old National Bank in Grand Rapids, MI.

Under Gill's leadership, Grand River Bank grew to over $500 million in assets. The bank, founded in 2009 by West Michigan business leaders and local investors, provides comprehensive financial solutions for businesses and individuals across West Michigan. Grand River Bank is a subsidiary of Grand River Commerce, Inc., traded under the OTCQX ticker symbol GNRV.

Grand River Bank (GNRV) ha promosso Drew Ysseldyke a Presidente e CEO, completando un processo di transizione iniziato ad aprile 2023. Ysseldyke succede a Pat Gill, che è stato CEO dal 2012 e continuerà come consigliere e membro del consiglio. Con quasi 30 anni di esperienza bancaria, Ysseldyke ha precedentemente ricoperto il ruolo di Presidente di Mercato e Direttore del Banking Corporativo per Old National Bank a Grand Rapids, MI.

Sotto la guida di Gill, Grand River Bank è cresciuta fino a superare i 500 milioni di dollari in attività. La banca, fondata nel 2009 da leader d'affari del Michigan occidentale e investitori locali, offre soluzioni finanziarie complete per aziende e privati in tutto il Michigan occidentale. Grand River Bank è una sussidiaria di Grand River Commerce, Inc., quotata con il simbolo ticker OTCQX GNRV.

Grand River Bank (GNRV) ha ascendido a Drew Ysseldyke como Presidente y CEO, completando un proceso de transición que comenzó en abril de 2023. Ysseldyke sucede a Pat Gill, quien se desempeñó como CEO desde 2012 y continuará como asesor y miembro de la junta. Con casi 30 años de experiencia en banca, Ysseldyke ocupó anteriormente el cargo de Presidente de Mercado y Ejecutivo de Banca Corporativa en Old National Bank en Grand Rapids, MI.

Bajo el liderazgo de Gill, Grand River Bank creció hasta superar los $500 millones en activos. El banco, fundado en 2009 por líderes empresariales y inversores locales en el oeste de Michigan, ofrece soluciones financieras completas para empresas e individuos en todo el oeste de Michigan. Grand River Bank es una subsidiaria de Grand River Commerce, Inc., que cotiza bajo el símbolo de ticker OTCQX GNRV.

Grand River Bank (GNRV)는 Drew Ysseldyke를 사장 및 CEO로 승진시켰습니다, 2023년 4월에 시작된 전환 과정을 완료했습니다. Ysseldyke는 2012년부터 CEO로 재직한 Pat Gill을 이어받으며, 앞으로도 자문위원 및 이사로 활동할 것입니다. Ysseldyke는 30년 가까운 은행 경험을 보유하고 있으며, 이전에는 미시간주 그랜드래피드에 위치한 Old National Bank의 시장 대통령 및 기업 은행 업무 담당자로 근무했습니다.

Gill의 지도 하에 Grand River Bank는 5억 달러 이상의 자산을 보유하게 되었습니다. 이 은행은 2009년 미시간 서부의 비즈니스 리더들과 지역 투자자들에 의해 설립되었으며, 미시간 서부의 기업 및 개인을 위한 종합적인 금융 솔루션을 제공합니다. Grand River Bank는 Grand River Commerce, Inc.의 자회사로 OTCQX 상장 기호 GNRV로 거래되고 있습니다.

Grand River Bank (GNRV) a promu Drew Ysseldyke au poste de Président et CEO, finalisant un processus de transition entamé en avril 2023. Ysseldyke succède à Pat Gill, qui a exercé la fonction de CEO depuis 2012 et continuera en tant que conseiller et membre du conseil. Fort de près de 30 ans d'expérience bancaire, Ysseldyke était auparavant Président du marché et Directeur de la banque d'entreprise pour Old National Bank à Grand Rapids, MI.

Sous la direction de Gill, Grand River Bank a atteint plus de 500 millions de dollars d'actifs. La banque, fondée en 2009 par des leaders d'affaires du Michigan occidental et des investisseurs locaux, propose des solutions financières complètes pour les entreprises et les particuliers dans tout le Michigan occidental. Grand River Bank est une filiale de Grand River Commerce, Inc., cotée sous le symbole ticker OTCQX GNRV.

Die Grand River Bank (GNRV) hat Drew Ysseldyke zum Präsidenten und CEO ernannt, was einen Übergangsprozess abschließt, der im April 2023 begann. Ysseldyke folgt auf Pat Gill, der seit 2012 als CEO tätig war und weiterhin als Berater und Vorstandsmitglied fungieren wird. Mit fast 30 Jahren Erfahrung im Bankwesen hatte Ysseldyke zuvor die Position des Marktpräsidenten und Unternehmensbanking-Executives bei der Old National Bank in Grand Rapids, MI, inne.

Unter Gills Leitung wuchs die Grand River Bank auf über 500 Millionen Dollar an Vermögenswerten. Die Bank, die 2009 von Geschäftsführern aus West-Michigan und lokalen Investoren gegründet wurde, bietet umfassende Finanzlösungen für Unternehmen und Einzelpersonen in ganz West-Michigan an. Die Grand River Bank ist eine Tochtergesellschaft der Grand River Commerce, Inc., die unter dem OTCQX-Tickersymbol GNRV notiert ist.

Positive
  • Promotion of experienced banker Drew Ysseldyke to President & CEO
  • Bank's growth to over $500 million in assets under previous CEO
  • Continuity in leadership with former CEO staying as advisor and board member
Negative
  • None.

GRANDVILLE, Mich., Sept. 3, 2024 /PRNewswire/ -- Grand River Bank is pleased to announce the promotion of Drew Ysseldyke to President & Chief Executive Officer. This completes a transition process that began when Mr. Ysseldyke joined the Bank as president in April 2023. He succeeds Pat Gill, who has served as CEO since 2012 and who will continue as an advisor and board member.

Immediately prior to joining Grand River Bank, Mr. Ysseldyke was Market President and Corporate Banking Executive for Old National Bank in Grand Rapids, MI. A West Michigan native with nearly thirty years of diverse banking experience, Mr. Ysseldyke is a highly skilled leader with a history of building strong teams and delivering impressive results.

"It has been a joy to work alongside Drew during this transition period," said former CEO Pat Gill, who guided the Bank's growth to over $500 million in assets during his tenure. "He's the ideal person to lead the accomplished Grand River Bank team and will ensure that the Bank takes full advantage of its many unique opportunities across West Michigan. I'm grateful to have been a member of this outstanding team for the past dozen years and pleased to pass the baton to Drew." 

"We are grateful to Pat for his many valuable contributions to our bank, and we are excited about the opportunity this brings for Drew to enhance our operational performance, expand our reach and renew the promise of our commitment to West Michigan," said Robert Bilotti, Chairman and CEO of Grand River Commerce, Inc., the Bank's parent company.

About Grand River Bank
Founded by twenty-three West Michigan business and professional leaders and hundreds of local investors, Grand River Bank opened in April 2009. The Bank provides comprehensive financial solutions for businesses and individuals across West Michigan. The Bank is a subsidiary of Grand River Commerce, Inc., a public company traded under the OTCQX ticker symbol GNRV.

Cision View original content:https://www.prnewswire.com/news-releases/grand-river-bank-promotes-drew-ysseldyke-to-president--ceo-302236811.html

SOURCE Grand River Bank

FAQ

Who is the new President & CEO of Grand River Bank (GNRV)?

Drew Ysseldyke has been promoted to President & CEO of Grand River Bank (GNRV), completing a transition process that began in April 2023.

What is the asset size of Grand River Bank (GNRV) as of September 2024?

Under the previous CEO Pat Gill's leadership, Grand River Bank (GNRV) grew to over $500 million in assets.

When was Grand River Bank (GNRV) founded?

Grand River Bank (GNRV) was founded in April 2009 by twenty-three West Michigan business and professional leaders along with hundreds of local investors.

What stock exchange is Grand River Commerce, Inc. (GNRV) traded on?

Grand River Commerce, Inc. (GNRV), the parent company of Grand River Bank, is traded on the OTCQX market.

GRAND RIVER COMMERCE INC

OTC:GNRV

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