Bank elects real estate exec to board
A West Michigan bank has elected the owner of a local real estate firm as a board member.
Union Financial Corporation, the holding company for Lake Odessa-based Union Bank, said last week it named Steve Millman to its seven-member board at its annual meeting on May 8.
Millman is president and owner of Grand Rapids-based NorthStar Commercial, a commercial real estate firm.
He will serve a three-year term on the board.
“Steve will make an excellent addition to our well-rounded team of directors,” said Cortney Collison, president and CEO, Union Bank. “His 14-plus years of experience in commercial real estate and the West Michigan market can only contribute to the continued success of our organization.”
Millman also serves as a board member on the Juvenile Diabetes Research Foundation and the Julian B. Boivin Courage for Cures Foundation.
He holds a bachelor’s degree in business administration, with an emphasis in finance, from Michigan State University.
Founded in 1934 as the “union” of Farmers & Merchants Bank and Lake Odessa State Savings Bank, Union Bank offers personal, commercial and agricultural banking services.
Union Bank is a privately held subsidiary of Union Financial Corporation and operates branches in Ada, Lake Odessa, Dimondale, Hastings, Mulliken, Pewamo and Westphalia.
It has about $173 million in assets.