First Group Financial institution opens Cascade workplace

A financial institution headquartered in northern Michigan opened its sixth location and first within the Grand Rapids space.

Harbor Springs-based First Group Financial institution final week held a grand opening for its latest department, at 4455 Cascade Street SE in Cascade Township.

The Grand Rapids Chamber of Commerce hosted a ribbon chopping along side the financial institution’s fourth- and fifth-generation homeowners, together with Robert Clarke, chair; Matthew Clarke, president; and Daniel Clarke, CEO, on Oct. 7.

Building on the placement was accomplished in August.

Regional President Mark Brant mentioned the department, managed by Lisa McCaffrey, gives “a boutique household enterprise banking expertise,” together with customized treasury administration and industrial mortgage companies for family-owned and carefully held companies.

“We’re very blissful to have the ability to supply our enterprise purchasers easy accessibility to the workplace, free parking and drive-thru service,” Brant mentioned. “The brand new workplace is a crucial a part of our progress technique in Grand Rapids. Our purchasers actually recognize the extra companies and comfort on the new location.”

The 4,000-square-foot department, designed by Mathison | Mathison Architects of Grand Rapids and constructed by Erhardt Building Firm of Ada, has a “fashionable and welcoming” really feel, the financial institution mentioned. Grand Rapids-based Herman Miller dealership Trellis supplied the furnishings design for the placement.

First Group Financial institution can be seeking to rent people to hitch its industrial lending crew on the location “within the close to future,” Brant mentioned.

First Group Financial institution

Established in 1905 by William Clarke, First Group Financial institution is a family-owned monetary establishment that provides enterprise banking companies corresponding to strains of credit score, time period loans, tools loans and loans for industrial actual property. Deposit companies embody enterprise and private checking accounts, financial savings accounts, cash market and well being financial savings accounts.

First Group Financial institution has areas in Harbor Springs, Petoskey, Cheboygan, Traverse Metropolis, Grand Rapids and Birmingham.

As of July 29, the financial institution had complete belongings of about $362 million.

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