(Gladstone, MI) First Bank, Upper Michigan announced the appointment of Randall J. Peterson as President & CEO.

Peterson has over 35 years in commercial banking management positions, with extensive experience at regional and community banks, including retail, commercial lending and operations.  Prior to his position of Executive Vice President and Senior Lender at Investors Community Bank in Manitowoc, Wisconsin, he was the Regional Chairman for Citizens Republic Bank in Wisconsin and surrounding states and Executive Vice President of Citizens Republic Corporation.  His background includes 20 years with Associated Bank in Green Bay, Wisconsin, where he was President and CEO.  Peterson also held the position of Vice President at Old Kent Bank in Grand Rapids, Michigan, and began his career at Northern Trust Bank in Chicago, Illinois.

A Vietnam Veteran, Peterson was Lieutenant in the United States Coast Guard where he received his undergraduate degree from the U.S. Coast Guard Academy and after earned his MBA from the University of Michigan.

In Green Bay, he was active in the community, serving on such Boards as the YMCA, Bellin College of Nursing, Downtown Green Bay Inc., the Wisconsin Bankers Association, and the Green Bay Area Chamber of Commerce.

Peterson stated, "having grown up in lower Michigan, I am delighted to be back in the wolverine state, particularly in the wonderful upper peninsula.  I'm excited to be joining First Bank, Upper Michigan and proud to be part of the outstanding First Bank team."

First Bank continues to rank in the upper quartile of the peer group banks and has offices in Gladstone, Escanaba and Garden.  Approaching their 100-year anniversary, First Bank is a full-service financial institution, offering a full complement of retail banking products and services, along with trust and investment services through their Investment Management Group.  The recipient of the Shining Star Award for community service in 2011 by the Michigan Community Bankers, First Bank is proud to take an active role in the community.

Peterson and his wife, Bonnie, are the parents of two sons, Jim who is Vice President of Corporate Banking at Wells Fargo in Wausau, and Nathaniel, a pilot for Delta Airlines based out of Detroit.

2011 First Bank - Staff Login