""Citizens Republic Bancorp, Inc."":http://www.citizensbanking.com/about.aspx, has a new board member with the addition of William M. Fenimore Jr. Elected to CRBC's board of directors by the ""U.S. Department of Treasury"":http://www.treasury.gov/Pages/default.aspx, Fenimore's appointment was conducted in conjunction with the company's participation in the Treasury's ""Capital Purchase Program"":http://www.treasury.gov/initiatives/financial-stability/Pages/default.aspx.[IMAGE]
Through its interaction with the Capital Purchase Program, CRBC is part of the Troubled Assets Relief Program contained within the U.S. Treasury's Office of Financial Stability, and Fenimore's veteran standing in the industry makes him uniquely qualified for the position. Fenimore possesses more[COLUMN_BREAK]
than 30 years of experience in the banking industry, and he has operated in diverse roles including senior management, strategic planning, and technological planning.
Fenimore has previously served in positions for ""CoreStates Financial Corp."":https://www.wachovia.com/corestates and ""Meridian Bank"":https://www.meridianbank.com/. He has also acted as CEO for ""Integreon Financial Network"":http://www.integreon.com/site-map.html and functioned as a senior executive for consulting firms specializing in providing services for capital development, strategic and technological initiatives, and operational management.
CRBC's president and CEO, Cathy Nash, said of Fenimore's election, ""I'm excited to have someone of Bill's caliber join Citizens' board. During the selection process, several members of our board and executive management had the opportunity to meet Bill and spend time getting to know him. His strategic insight will be valuable as we continue to strengthen our company. We expect Bill to continue to serve on our board well beyond our participation in the Capital Purchase Program.""
In addition to his service on the board of directors for CRBC, Fenimore will also act as a board member for the company's subsidiary, Citizens Bank. CRBC's offerings encompass a wide rang of commercial, consumer, mortgage banking, trust, and financial planning activities, and the company's 220 offices serve communities in Michigan, Ohio, Wisconsin, and Indiana.