News

PRESS RELEASE

 VALENTINE JOINS FIRST BANK'S INVESTMENT TEAM

Escanaba, MI, August 11, 2019 - Todd Maki, President & CEO, and Ben Zyburt, Sr. V.P. and Manager of the Investment Management Group, First Bank, Upper Michigan, have announced that Robert Valentine joined the bank's Investment Management Group as the Institutional Investment Officer.

Valentine had been with the City of Escanaba as Treasurer for 28 years. He earned an MBA from the University of Notre Dame and his Bachelor of Science degree in finance from Northern Michigan University.  As treasurer at the City of Escanaba, he has a depth of experience in pension plan administration and management of municipal surplus funds.

First Bank's Investment Management Group has enhanced our capabilities in the areas of pension fund investment portfolio management, governmental cash management and surplus funds investing, with Valentine specializing in these areas.

Maki stated, "Bob brings extensive experience to this new position from his role at the City. He has managed pension plan portfolios and will be working with foundations, endowments, governmental agencies, and pension funds to structure investment portfolios to a client's individual needs."

Valentine will be headquartered at First Bank's Third Avenue North office in Escanaba but will be available to meet with clients throughout the Upper Peninsula. He and his wife, Lisa, reside in Escanaba and have three sons, two attending college and one at the Escanaba Area High School. He serves on the Boards of the Holy Name Scholarship Foundation, Wildlife Unlimited, St. Joseph and St. Patrick Parish in Escanaba, and the Northern Initiatives Corporation in Marquette.

First Bank's Investment Management Group provides services to individuals and organizations throughout the Upper Peninsula, including investment management, Trust Administration, retirement planning, 401(k) Plans, and Roth and Traditional IRAs.

*Not FDIC insured, may lose value, no bank guarantee.

PRESS RELEASE

 FIRST BANK AND RIVERSIDE AUTO GROUP CONTRIBUTE TO 4H

Escanaba, MI, August 5, 2019 - Todd Maki, President & CEO of First Bank, Upper Michigan, announced that for the second year a contribution will be made to the 4-H organizations in Delta, Marquette and Dickinson Counties. The contributions provide membership assistance in the 4-H program.

First Bank is joined by Riverside Auto Group in sponsoring the contribution presented by the Dagenais Foundation. These sizeable membership grants are our way of continuing to reach out to a great number of 4-H members.  Maki stated, "We are proud to remain a supporter of this tremendous organization, as we know the importance of the 4-H program to the youth in our communities." 

(Left to Right): Dave Radloff, 4-H Development Extension Educator Delta County with Todd Maki, President & CEO, First Bank.