Ann Arbor State Bank
The Ann Arbor State Bank opened in 2009. It is located at 125 W. William St. in Ann Arbor, the former home of Anderson Paint.
Key individuals include:
- chairman and CEO Bill Broucek
- Chief Operating Officer Peter Schork
- investor Carol Bradford, chief of head and neck surgery at the University of Michigan Health System
- investor Michael Coghlan, who is active in several venture capital firms;
- investor David Hing, a surgeon at St. Joseph's Mercy Hospital in Ann Arbor; and
Website
In the news
- New Ann Arbor bank sees credit crunch as opportunity, Crain's Detroit Business, January 2009
- New Ann Arbor bank moves toward approval, gets new investors, Michigan Business Review, July 2008.
- Yelp: Ann Arbor State Bank
Two guys who used to work for Bank of Ann Arbor decided to start a new bank, so they bought the old Anderson Paint Building and started filling out the paperwork.
Free parking
The bank's parking lot has a sign saying "If you like parking here, you'll like banking here." It offers free parking for hours that the bank is closed.
