Banking & Finance, Human Resources, and Real Estate

Bank opening loan office

June 14, 2019
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Edgewater Bank piggy bank
St. Joseph-based Edgewater Bancorp trades as an over-the-counter stock. Photo via fb.com

A bank is planning to open a new commercial loan office in the area.

St. Joseph-based Edgewater Bank said it is adding a loan production office in Greenville, at 311 S. Lafayette St.. The bank estimates it will be open by mid-July.

The new office initially will provide commercial lending services to Greenville and the surrounding areas and will eventually add residential lending services.

Amy Homich, a 38-year banking veteran and 22-year Greenville resident, has been hired as vice president of Edgewater Bank and will oversee the Greenville loan office.

Richard Dyer, president and CEO of Edgewater Bank, said the Greenville area was an attractive market for Edgewater because of Homich, but also because its business community is similar to other markets Edgewater serves in that “it seeks personalized, high-touch service from professionals who are active and involved in the community.”

Homich most recently was vice president, commercial lender at Chemical Bank.

She holds a B.B.A. from Indiana University and a master’s degree from the Graduate School of Banking at the University of Wisconsin-Madison.

“I look forward to continuing to serve the community and working for an organization that places so much effort and attention on client service, community involvement and flexible banking practices,” Homich said.

Dyer said Homich is “an excellent banker and dedicated community member.”

“Amy knows and understands her market and will be a strong advocate of Edgewater’s community banking philosophy,” he said. “(She) will have the flexibility, autonomy and resources to serve Greenville and the surrounding market areas.”

Edgewater

Edgewater Bancorp (OTC: EGDW) is the bank holding company for Edgewater Bank, which offers commercial, mortgage and consumer loan and deposit banking services.

It has five full-service banking offices in St. Joseph, Bridgman, Buchanan, Coloma and Royalton Township, plus loan production offices in Fremont and now Greenville.

It reported net income of about $1.24 million for 2018.

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