Community Central Bank Completes River Place
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Community Central Bank of Michigan, has completed the acquisition of River Place Financial Corporation, has been completed. Community Central Bank Corporation is the holding company for Community Central Bank in Mount Clemens, Michigan. The Bank opened for business in October 1996 and serves businesses and consumers across Macomb, Oakland, and St. Clair counties with a full range of lending, deposit, trust, wealth management, and Internet banking services. The Bank operates two full service facilities, one in Mount Clemens and the other in Rochester Hills, Michigan. Community Central Mortgage Company, LLC a subsidiary of the Corporation and Bank, operates locations servicing the Detroit metropolitan area and the Central and Northwest regions of the Indiana markets. The Trust and Wealth management division of the Bank will be located at the 100 North Main Street, Mount Clemens main office location. David A. Widlak, President, and CEO of Community Central Bank Corporation made the announcement today. "We are excited to have the first and only trust company headquartered in Macomb County. We are already starting to provide our customers trust and wealth management services, which complement our full service banking products. The added strength that River Place Financial Corporation is bringing will provide synergies to our growing organization. Our Trust and Wealth management team, headed by William A. Penner, President of Community Central's River Place Trust division, has a high level of expertise and an ability to provide very personalized service to our customers. We believe that we can continue to differentiate ourselves from the large multi-state banks by our superior level of personal service and responsiveness."
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