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Bank of Ann Arbor
Distance: 0.0 Mi125 S Fifth Ave
48104 Ann Arbor -
Ann Arbor State Bank
Distance: 0.3 Mi125 W William St
48104-1328 Ann Arbor -
Telcom Credit Union
Distance: 19.8 Mi44575 W 12 Mile Rd
48377 Novi -
FNBH Bancorp, Inc.
Distance: 24.4 Mi101 E Grand River Ave
48843 Howell -
First National Bank in Howell
Distance: 24.4 MiPO Box 800
48844-0800 Howell
Description
In the summer of 1995, William M. Broucek and a group of prominent business people began the process of organizing the city's only local bank. Mr. Broucek had previously organized and opened a local bank in Ann Arbor in 1974. The applications for a new bank charter and for deposit insurance were both filed that summer and the banking office at 125 S. Fifth Avenue was purchased from Comerica Bank. Six million dollars of initial capital was raised in the local community from businesses and professionals and the bank opened its doors on January 16, 1996 with 15 employees and one location.