St Charles, MI (November 4, 2013) – Community State Bank’s Board of Directors has appointed Douglas J. Kelley President and Chief Executive Officer of the Bank, replacing Robert Wolak who resigned in October.
Kelley has served as Senior Vice President and Chief Financial Officer of Community State Bank since joining the bank in February 2012. He oversaw the Accounting, Operations, and Information Technology Departments of the Bank. He has led several successful projects in implementing new controls, guidelines, and procedures in these Departments – all with a strategic focus on the success of the Bank and the experience of the customer. Kelley has also served as the Chairperson of the Asset Liability Committee, as well as a member of all loan committees and part of the strategic planning process.
Before joining Community State Bank, Kelley served as Senior Vice President and Chief Financial Officer for Fentura Financial, Inc., for nine years from 2003 to 2012. Fentura Financial, Inc., is the holding company for The State Bank in Fenton, Mich., which also has the Regional Community Banking Division under the Livingston Community Bank name, headquartered in Brighton, Mich.
Furthermore, Kelley served as Senior Vice President and Chief Financial Officer of The State Bank from 2002 to 2012. Through this time, Kelley also served as Chief Financial Officer for West Michigan Community Bank. Prior to this, he served as Chief Financial Officer of Davison State Bank from 2002 to 2004. West Michigan Community Bank and Davison State Bank which were part of the Fentura Financial holding company at one time. Kelley assisted in the purchases and sale of these banks for the holding company. During his time with Fentura Financial, he was also in charge of all governmental reporting, shareholder relations and assisted in Strategic Planning process.
“Doug has a wealth of knowledge and experience in financial issues facing community banks today,” said Fields. “Since joining our Bank almost two years ago, Doug has demonstrated the leadership skills necessary for the growth of our Bank and our franchise value – all of which benefit our employees, customers, shareholders, and our communities.”
Kelley graduated with a Bachelor of Science Degree in Business Administration from Central Michigan University. He resides in Chesaning, Mich., with his wife and family.
Community State Bank is a locally owned and operated full service financial institution. Headquartered in St. Charles, the Bank has eight neighboring branches – St. Charles, Thomas Township, Birch Run, Chesaning, Montrose, Flushing, Albee and New Lothrop, and a Loan Center in the city of Saginaw. Community State Bank has been serving the community for over 70 years. For more information, please visit gotocsb.com or call the Bank at 989-865-9945.