News
- Jul. 8th, 2011 - Level One Bank makes available $100 Million to Michigan Small Businesses
- May 10, 2011 - Level One Bank Awarded 5-Star Rating
- Dec.10th, 2010 - Level One Bank Continues serving communities with Acquisition of Paramount Bank
- Dec. 7th, 2010 - Level One Bank Announces Two New Directors To Its Board
- Jul. 16th, 2010 - Timing Wasn't So Bad After All for Michigan Startup Level One
- Jun. 29th, 2010 - Announces Small Business Bill Pay
- Jul. 13th, 2010 - Level One Bank Announces Positive Pay Service -- Check Fraud Protection for Businesses
- Jun. 29th, 2010 - Level One Bank Announces Small Business Bill Pay
- Jan. 15th, 2010 - Level One Bank Appoints New Executive Vice President and Chief Financial Officer
- Jul. 13th, 2009 - Level One Bank Completes Integration of Former Michigan Heritage Bank
- Apr 24th, 2009 - Michigan Heritage Bank Acquisition
Level One Bank Commits to Loaning $100 Million to Michigan Small Businesses
FOR IMMEDIATE RELEASE
July 08, 2011
Contact: Patrick J. Fehring, President & CEO Level One Bank, 248-737-6902
Media Contact: Don Tanner, Phone: (248) 626-0006 or (248) 762-1533
Community Bank aims to stimulate small business success and growth in the state.
FARMINGTON HILLS, Mich. (July 8, 2011) – Farmington Hills, Mich.-based
Level One Bank announced it will be making available more than $100 million in loans to qualifying small businesses in Michigan. The announcement was made by Patrick J. Fehring, Level One Bank President & CEO.
Level One Bank was selected as the only community bank in Michigan and one of six community banks nationwide to be in the first wave of participants awarded funds through the U.S. Department of the Treasury Small Business Lending Fund (SBLF). Level One Bank’s participation is based on an exemplary record of providing capital to small businesses.
“Small businesses are the true drivers of our economy,” said Fehring. “We look forward to enhancing our efforts as we continue our focus on helping small businesses grow, flourish and create new jobs in our state.”
According to the U.S. Department of the Treasury, small businesses employ roughly one-half of all Americans and account for about 60 percent of gross job creation.
Level One Bank’s program defines small business lending as working capital loans and owner-occupied real estate mortgages of up to $10 million to businesses with up to $50 million in annual revenues.
Please contact Jeff Taliscka, VP, Small Business Loan Manager at (248) 737-3154 or jtalicska@levelonebank.com for small business loan inquiries.
Level One Bank is a full-service, 5-Star BauerFinancial rated commercial and consumer bank committed to exceeding customer expectations at every point of contact and continues to take banking to a higher level with the most qualified and enthusiastic bankers in the market and the technology and infrastructure to make banking easier and more convenient. Level One Bank’s Commercial Division provides a complete menu of products including lines of credit, term loans, commercial mortgages, SBA loans and a full suite of Treasury Management Services. The Consumer Division offers personal savings and checking accounts including free checking and competitive interest-bearing accounts such as Money Markets, IRAs, and CDs. The Bank also provides a complete array of consumer loan products including first mortgages, home equity, personal lines, auto, recreational vehicles and credit card services.
More information about Level One Bank is available at www.levelonebank.com.
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