- people on the move
Bank hires SVP of commercial banking
A Michigan bank has hired a leader for its new Grand Rapids location.
Doug Kohlbeck will serve as Level One Bank’s SVP of West Michigan commercial banking.
Kohlbeck will launch the commercial banking division in Grand Rapids by building a team of bankers, lenders and specialists and establishing a base for growth in West Michigan.
“Throughout his career, Doug has drawn upon his extensive banking knowledge and experience to collaborate with Grand Rapids business owners in achieving their financial goals,” said Greg Wernette, EVP and chief lending officer, Level One Bank. “We are excited to welcome Doug to our team, as we believe he embraces the decisiveness and entrepreneurial spirit which are at the heart of how we engage with our clients at Level One.”
Kohlbeck said he's "excited for the opportunity to join such an outstanding institution, while continuing to serve the city that I know and love."
“Level One brings something new and different to the financial services landscape in this region, and I look forward to sharing its many benefits with the Grand Rapids business community,” Kohlbeck said.
A 30-year veteran of commercial banking in the market, Kohlbeck most recently served as VP of commercial lending at Macatawa Bank, where he had worked since 2010. In this role, Kohlbeck developed commercial relationships and managed client relationships.
Previously, Kohlbeck was VP of commercial lending for JPMorgan Chase, VP and group manager at First of America and VP of commercial lending, metropolitan group at Old Kent Bank.
He formerly served as chairman of the Economic Development Foundation in Grand Rapids for 20 years.
He holds a B.B.A. in management from Michigan State University and recently graduated from Leadership Grand Rapids.
Level One Bank
Headquartered in Farmington Hills, Level One Bank manages assets of about $1 billion and operates 11 branches throughout Michigan.
Level One announced plans for a Grand Rapids branch, at 2355 Burton St. SE, its first location outside of the Detroit area, last August.