First Michigan Bank Names Integration Leader; Thomas P. FitzGibbon Jr. Is New Managing Director

TROY, Mich., July 6 /PRNewswire/ -- First Michigan Bank announced today that Thomas P. FitzGibbon Jr. has joined the organization as managing director, integration specialist, effective immediately.  This is a new position at First Michigan Bank.

(Photo: http://photos.prnewswire.com/prnh/20100706/DE31238 )

(Photo: http://www.newscom.com/cgi-bin/prnh/20100706/DE31238 )

David T. Provost, chairman, president and CEO of First Michigan Bank, said: "During Tommy FitzGibbon's tenure with MB Financial Bank, he participated in the due diligence review of 19 acquisition targets that resulted in 11 acquisitions, four of which were FDIC-assisted transactions.  He also led the Retail and Operations integration – that is, taking two organizations, choosing the best practices of each and integrating them into one world-class culture.  Those skills will be of great value to First Michigan Bank."

FitzGibbon was Executive Vice President of the Chicago-based MB Financial Bank.  He served as chief retail banking officer from 1999-2006.

More recently, FitzGibbon was principal of BSI , a consulting firm that provided Community Reinvestment Act compliance consulting services to national and Chicago-based charitable foundations and public entities.

He served in the United States Navy from 1965 until his retirement in 1993, accumulating more than 3500 flight hours while serving in deployments to Southeast Asia, the Western Pacific theatre, the Mediterranean and the Persian Gulf.  He holds 17 Armed Services and Navy Service awards including the Navy Achievement Medal and the Humanitarian Service Medal, as well as the Navy/Marine Corps Overseas Service Award with Silver Star.

FitzGibbon is involved in community activities including serving a three-year term as a member of the Board of Governors of the Federal Reserve Bank Consumer

Advisory Council and participated on the committee that reviews the Community Reinvestment Act and Consumer Compliance Issues.

Mr. FitzGibbon, a graduate of the University of Minnesota, is adjunct professor of Real Estate Finance at DePaul University's Kellstadt Graduate School of Business and is chairman of the Advisory Board for the Business School of Kendall College in Chicago.

Provost added: "As the banking industry continues to consolidate, there will be a great need for the banking, integration and leadership skills that Tommy FitzGibbon possesses.  We are pleased that he will be applying those skills for the benefit of First Michigan Bank, our employees and our customers."

About First Michigan Bancorp

First Michigan Bancorp Inc. is a bank holding company headquartered in Troy, Michigan. Its wholly owned subsidiary, First Michigan Bank, is a locally operated financial institution that provides highly personalized financial services to individuals, professionals and their businesses. With its recent acquisition of Citizens First Bank, First Michigan has 23 locations in southeast Michigan.  Long-term relationships are developed with clients by providing customized banking and investment solutions ideally suited to their evolving financial needs. Please visit our website at www.firstmichiganbank.com for additional information.

SOURCE First Michigan Bank