A Bright Spot in Michigan’s Economy: Crestmark Bank is Recognized by Corp! Magazine

TROY, MICHIGAN, (June 25, 2015) — Crestmark Bank, with headquarters in Troy, has been recognized by Corp! Magazine as one of Michigan’s Economic Bright Spots for 2015. Founded in 1996, Crestmark Bank was selected for the honor based on annual revenue growth and its increase in the number of employees. Crestmark Bank’s 2014 gross revenue increased more than 8% over that of 2013, and the company added 78 employees to handle a growing portfolio of business customers.

As an FDIC-insured bank providing innovative financing solutions to diverse companies nationwide, Crestmark Bank makes a positive impact on the Michigan economy as well the local economies where its clients do business. Crestmark Bank helps diverse industries including transportation, manufacturing, staffing, petrochemical, government contractors, apparel/footwear/furniture distribution/manufacturing, hospitality/hotels, insurance agencies, and technology hardware/software, among others. Crestmark Bank has offices in California, Florida, Louisiana, Michigan, Tennessee, New York, and Illinois; and representatives nationwide.

Corp! held an awards ceremony on Thurs., June 25. Accepting the award on Crestmark’s behalf was Matt Dekutoski, regional first vice president, Business Development Officer.

Crestmark Bank Chairman and CEO Dave Tull said, “We are honored to be recognized by Corp! Magazine as a Michigan Economic Bright Spot, and honored to help companies in Michigan and across the United States. Our essential, timely funding helps companies with key initiatives when they need it most.  Our growth signals that more companies are receiving financing to help their businesses, and also signals an increase in Michigan jobs.”

About Corp! Magazine Corp! in print and online is a B-to-B publication that features success stories, best practices and strategies that CEOs, business owners, executives and managers will find useful and relevant. Corp! is dedicated to raising the profile of business in our communities and driving it forward. www.corpmagazine.com.