It was a great start to our 2016 Giving Together Program! We enhanced our program in several ways, doubling the number of organizations who can compete for votes from 10 to 20, and adding a 2nd and 3rd place winner. We just wrapped up our first voting period focusing on Schools and Education and are happy to announce our winners:
$5,000 1st Place Winner- Holt Public Schools (Holt, MI)
$1,500 2nd Place Winner: Calvin Christian Schools (Grandville, MI)
$500 3rd Place Winner: Ogemaw Kids Club (West Branch, MI)
It was a fun week of voting and we’d like to thank all of the schools and non-profit organizations that participated. You are all winners in our book!
The next application period begins on May 23 and continues through June 27. The focus for this period is Community & Economic Development. Non-profit organizations can apply at www.MercantileGivingTogether.com. The selected organizations will be announced on July 8 and voting will be the week of July 18-25th. Stay tuned to our Facebook page for updates throughout the year!
Article Written By: Bob Kaminski| President & CEO| Mercantile Bank of Michigan
Giving back to the communities we serve has always been a priority to us at Mercantile Bank. We are honored to once again be rated as “Outstanding” by the FDIC in our Community Reinvestment Act (CRA) examination.
The CRA is a law that requires banks to help meet the credit needs of their communities for housing and other purposes, particularly in neighborhoods with low or moderate incomes, while maintaining safe and sound operations. An “Outstanding” rating is the highest available ranking and one which only about 5% of all banks achieve. We are proud of the fact that this is the third consecutive time we’ve received this rating, meaning that we’ve had nine years of “Outstanding” ratings.
The “Outstanding” rating is based on our performance in lending, investments and services, focusing on areas such as mortgages, small business, and community development lending and services. Our CRA evaluation made specific references to our strengths in lending, including our responsiveness to credit needs, and geographic distribution of small business and home mortgage loans throughout low and moderate income areas in the markets we serve.
We believe that this rating is the result of the hard work and dedication of our employees, who year after year contribute and invest in the communities where we live and work. To this end, we are consistently looking for ways to build stronger relationships with our community partners by providing accessible banking and lending services in all of the communities we serve.
Article Written By: Cordell Zachery | Commercial Loan Operations Intern | Mercantile Bank of Michigan
As an incoming Senior at Grand Valley State University I’ve completed a variety of internships and worked a handful of jobs. As my undergraduate career is coming to an end, planning for post graduate life is now my top priority. Acing classes, making connections, and finding my niche within an organization are my main goals for my final year. This mindset is what steered me to Mercantile Bank.
Towards the end of my Junior year I came in contact with Don Williams a former member of Mercantile’s Board of Directors. With his guidance I interviewed with Mercantile Bank for a summer internship with the Commercial Loan Operations Department and shortly after I was offered the position.
From day one of the internship I knew that it was going to be different from my previous work experiences. The day was dedicated to training all of the interns where we learned about the bank’s values and structure, professional development skills, and went on a tour of the bank’s main branch. We even got to chat with the bank’s president!
The day after training I met the employees from the departments that I’d be working with. Each employee in the department was vibrant and welcoming. My supervisors really made me feel as though my task within the organization helped with the bank’s success. This feeling of actually making an impact as an intern is something that Mercantile Bank strongly values. Not once have I felt like a “cog in the machine”.
A unique part of Mercantile’s internship program is the experience outside of the office. Misti Stanton, Diversity & Inclusion Officer, makes it her duty to make sure that we not only develop connections within the bank but outside as well. In June Misti brought the interns to an event with the ADA called the “Father of The Year Awards” held at JW Marriot. During this event we were able to network with various professionals from Grand Rapids, learned a few pointers on dinner etiquette, and enjoyed a delicious 3 course meal. This is only one of the many professional events we’ve attended. Being around these professionals motivated me to attend numerous networking and skill building events around Grand Rapids and at every event I can say that I’ve made a connection with a new person.
Another facet of Mercantile that I didn’t expect to get from my internship was the openness of employees to be a mentor and a friend. Whenever being around Don Williams he greets you with a warm smile and then gives you some tips or past experiences that contain a take away for you to use within your life. Also, I’ve been able to learn from departments other than mine as well. As an Advertising & PR major I was very interested in what the Marketing Department’s functions were. Monica Kreiger and Zach Roth both took time out of their day to meet with me. I learned about their strategies, use of social media, commercial making, and more.
As an intern here at Mercantile Bank I can truly say that I’ve had one of the best experiences as an up and coming professional in Grand Rapids. Within Mercantile’s mission statement it states that the organization maintains an “environment of growth and development” and I’ve seen that first hand. Not only do I learn new things every day about the inner workings of Mercantile but I also improve daily on my professionalism and transferable skills that I can use in any field that I choose to go into. Here at Mercantile you have your best experiences outside of your cubical.
Mercantile Bank is pleased to welcome our 2015 Summer Interns!
They are working in various capacities from Human Resources to Branch Support and IT. Interns are working in several locations throughout the Bank and we are very excited to have this great group of young professionals join us this summer!
In addition to offering these students real world experience and the opportunity to explore a potential career path in banking, internships are also a great way to increase professional networks and enhance their resumes. Investing in the next generation is an important part of strengthening the communities we serve.
Article Written By: Bob Worthington | SVP, General Counsel & Risk Management Director | Mercantile Bank of Michigan
Entrepreneurship has been a trademark of the State of Michigan since its founding back in 1835. The Fords, the Dows, the Kelloggs, the Meijers are just a few of the men and women who have contributed to our legacy of innovation and development. But if history has taught us anything, it teaches that each generation must build upon the generation that came before it.
Junior Achievement has taken on the challenge of building the next generation of entrepreneurs and Mercantile Bank is proud to support them. Junior Achievement’s volunteer-delivered, kindergarten-12th grade programs foster work-readiness, entrepreneurship and financial literacy skills, and use experiential learning to inspire students to dream big and reach their potential. With the help of more than 1,600 local volunteers, JA students develop the skills they need to experience the realities and opportunities of work and entrepreneurship in the 21st-century global marketplace.
Mercantile Bank believes the future is bright for the State of Michigan and it is organizations like Junior Achievement that are making it happen. If you are interested in becoming a Junior Achievement volunteer sign up at www.juniorachievement.org. We hope you will join us in building the next generation.