Banking & Finance and Human Resources

Bank hires VP of commercial banking

October 21, 2019
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Scott Schrotenboer
Scott Schrotenboer. Courtesy Grand River Bank

A bank in the area has named a 30-year veteran of the industry its next vice president of commercial banking.

Grandville-based Grand River Bank hired Scott Schrotenboer for the role, according to the bank last week.

Schrotenboer will be based at the bank’s Grandville headquarters, 4471 Wilson Ave. SW.

“It’s an understatement to say that we’re excited to welcome Scott to our team,” said Mark Martis, executive vice president and chief lending officer, Grand River Bank.

“Scott’s knowledge, experience, commitment to relationships and love of independent banking dovetail perfectly with our culture and our strategic focus. Scott is a highly sought-after professional, and we’re grateful that he’s chosen to join our bank.”

Schrotenboer will play “an important role” in expanding Grand River Bank’s footprint and overall impact, according to the bank.

Schrotenboer’s banking career spans more than 30 years. Prior to joining GRB, he was vice president of business banking at Huntington Bank for nine years. Before that, he was vice president of commercial lending at Macatawa Bank for 12 years.

He holds bachelor’s degree in accounting from Calvin College.

Grand River Bank

Founded in 2009 by 23 West Michigan business leaders with the support of 750 investors, Grand River Bank — a subsidiary of Grand River Commerce (OTC: GNRV) — offers personal and business banking services, including commercial and mortgage lending.

It has locations in Grandville and Cascade and is constructing an 8,300-square foot branch in Grand Rapids Township, at 50 Crahen Ave. NE, that is slated to open next year.

As of June 30, the bank had total assets of $294.7 million, an increase of $30.4 million, or 11.5%, over year-end 2018.

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