Page 6 - Upper Peninsula Business Today -- November 2018
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mBank: Community Focused. Client Driven. Investing in the U.P.
AVP Marketing Officer, mBank September 10, 2018
mBank is proud of its 80+ year history of being a proactive community bank, based in the Upper Peninsula. Originally chartered in 1934 under the name of First National Bank in Man- istique, mBank has grown to be the largest bank by asset size ($1.3 billion) headquartered in the U.P. and approximately the 10th largest bank by asset size headquartered in Michigan. The growth experienced by mBank, especially in the last 8 years, has allowed the company to make a significant contribution to the overall economy in our region through employment opportuni- ties, community service initiatives, and a com- mitment to helping small -to-medium sized businesses with smart financing and depository solutions.
Workforce Development
Beyond well-thought out strategic acquisi-
tions and organic growth initiatives that have led to much of mBank’s asset growth, they are per- haps most proud of having built a highly talent- ed and dedicated work force. mBank currently employees approximately 295 employees, a majority of whom call the Upper Peninsula their home.
In mBank’s management team’s eyes, the commitment and operating level of the entire staff is the primary ingredient to achieving over- all performance and risk management objec- tives. The bank ensures its employees have the necessary training, skills, and knowledge to be successful in their various positions. And because management believes in promoting
from within, those talented staff understand that with hard work, they can access a clear path for their own advancement.
“Our people always have and always will be the cornerstone of our strength as a community bank,” said Kelly W. George, mBank President and CEO. “We are proud to have cultivated a company culture where employees can experi- ence career growth and educational opportuni- ties, and to be able to provide so many employ- ment opportunities in various communities throughout the U.P.”
Community Commitment
mBank’s commitment to cultivating a strong
company culture also translates to serving the communities in which it operates. mBank makes investments of time and money through- out the Upper Peninsula and the other commu- nities they serve in areas such as education, lit- eracy, human services, animal welfare, and healthcare organizations.
Whether it’s making a donation to Feeding America, supporting the Upper Peninsula Honor Flight program, or donating to Beacon House, the bank as a whole, as well as its employees, is dedicated to making an impact.
“There are numerous highly valuable organ- izations throughout our market footprint that create a positive impact for local residents in those communities,” said George. “If our involvement can help magnify that impact, we believe it is our responsibility as a community bank to help in those efforts. We are happy to do so financially, as well as, with many volunteer hours from our dedicated local staff.”
Lending Leadership to Small Business
When mBank staff isn’t obtaining new career skills or volunteering for a local cause, they can be found empowering individuals and small-to- medium sized businesses with smart financing and depository solutions.
According to the Independent Bankers of America (ICBA), community banks make near- ly 50 percent of small business loans and 82 per- cent of agricultural loans.1 Because community banks, like mBank, are themselves small busi- nesses, they understand the needs of small-busi- ness owners. Helping hard working people meet their financial goals and fostering access to need- ed capital for economic growth in the Upper Peninsula is one of mBank’s primary goals. In fact, the ICBA recognized mBank in its July 2018 reporting, as one of the top community banks nationally in commercial lending initia- tives for banks ranging around $1 billion in assets.
Even as the needs of the individual business owners change, mBank staff recognizes that their common goal of success does not, taking appropriate action to support them every step of the way.
“Funding small businesses is an ongoing focus for mBank,” said George. “It’s part of our rein- vestment mindset. We invest in our staff. We invest in our local community organizations. We invest in the businesses that support the livelihood of our communities. It really does come full circle.”
Through creating local jobs, supporting com- munity initiatives, and providing capital and other resources for small businesses, mBank is truly a dedicated partner in driving economic growth across Michigan’s Upper Peninsula. For more information on mBank, please visit

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