Wolverine Bancorp, Inc. Re-Elects Arnold and Blackhurst to Board of Directors
MIDLAND, Mich., May 23, 2012 -- Wolverine Bancorp, Inc. announces the re-election of Roberta N. Arnold and Eric P. Blackhurst to its Board of Directors.
Roberta N. Arnold is President and Chief Executive Officer of the Charles J. Strosacker Foundation, a charitable foundation headquartered in Midland, Michigan, which awards financial grants to various entities in the mid-Michigan region. The foundation focuses on education, social services, art, culture and community projects that improve the quality of life for its communities. Arnold’s position with the Charles J. Strosacker Foundation, her knowledge of the region, and her contacts with community leaders provides the Board with insight into the many growth efforts being made in the Company’s and the Bank’s market area.
Eric P. Blackhurst is Assistant General Counsel for Dow Chemical Company, a multinational science and technology corporation headquartered in Midland, Michigan. Blackhurst has held his current position since 2009 and has held positions of increasing importance with Dow since 1990. Blackhurst’s extensive corporate, legal and international experience, including experience serving as legal counsel to executives at a major corporation, provides the Board with general business acumen and critical insights into legal matters involving the Company and the Bank.
Wolverine Bancorp, Inc.’s Board of Directors also includes: Chairman, Richard M. Reynolds, President and Chief Executive Officer of MidMichigan Health; David H. Dunn, President and Chief Executive Officer of Wolverine Bank; James W. Fisher, President of Fisher Contracting; J. Donald Sheets, Executive Vice President, Chief Financial Officer, and Regional President, North America of Dow Corning Corporation; Howard I. Ungerleider, Senior Vice President of the Dow Chemical Company, and President of Dow’s Performance Plastics Division; and Joseph M. VanderKelen, President and Owner of Snow Machines, Inc.
The Company had assets of $291.8 million as of March 31, 2012, and currently operates four branch banking offices in Midland and Frankenmuth, Michigan, a loan office in Saginaw, Michigan and also services the Bay City, Michigan area. Through its subsidiary bank, Wolverine Bank, the Company offers a broad range of financial products and services to consumers and businesses alike.
Wolverine Bancorp, Inc.’s common stock trades on the NASDAQ stock market under the symbol WBKC. Visit the Company on the web at www.wolverinebank.com.