Banking & Finance and Human Resources

Bank names VP and business development officer

January 3, 2017
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David Valk
David Valk. Courtesy Chemical Bank

Michigan’s largest banking company has named a 22-year company man to help lead its wealth management division in Grand Rapids.

Chemical Bank said last month it has appointed David Valk as VP and Retirement Plan Services business development officer in the Wealth Management group.

Valk will serve as the lead 401(k) business development officer.

Valk will focus on establishing retirement plans and developing foundation and endowment opportunities in West Michigan. He’ll be responsible for creating "strong retirement plans" by providing plan design consulting, fiduciary risk management and plan-level fee analysis to plan sponsors. He'll work with corporations, municipalities and nonprofits in Grand Rapids and surrounding markets.

“David’s extensive knowledge of participant education and investments will be a substantial addition to our team in West Michigan," said Claire Larson, VP and manager, Chemical Bank Retirement Plan Services. 

Valk’s background

Valk most recently served as a director of training at Chemical Bank.

He holds a B.B.A. in finance and economics from Western Michigan University and an M.B.A. from Grand Valley State University.

Valk is a volunteer at Steepletown Neighborhood Services, Westown Jubilee Housing and Boy Scouts of America President Ford Service Council. He is also involved in the Northeastern Little League.

Chemical Bank

Midland-based Chemical Financial Corporation operates through its subsidiary, Chemical Bank.

Chemical Bank operates 262 locations in Michigan, Northeast Ohio and other contiguous states and has about $17.2 billion in consolidated assets as of Sept. 30, 2016.

Chemical Bank Wealth Management offers trust and investment management services at its locations in Midland, Grand Rapids, St. Joseph and Traverse City. The entity has combined assets of more than $5 billion.

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