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Company NewsFOR IMMEDIATE RELEASE
January 28, 2010
Contact: Ken Palmer, Chairman, President and Chief Executive Officer Range Bank, N.A. (906) 475-4151
Range Bank Names Terry L. Jutila Senior Vice President & Chief Credit Officer
Range Bank has named Terry L. Jutila, Senior Vice President and Chief Credit Officer. Jutila will be responsible for Credit Administration of the Bank’s Commercial Loan portfolio and Business Development activities throughout the Upper Peninsula. He will also be responsible for mentoring and training of Bank staff in the areas of Commercial Lending, Credit Analysis and Loan Processing.
Jutila, who joined Range Bank in 2001, has thirty years of experience as a Commercial Loan Officer and Business Banker. A Newberry native, Jutila received a Bachelor of Science Degree in Finance from Northern Michigan University in 1981 and is a member of the Marquette Noon Kiwanis Club.
Range Bank, established in 1887 has over $243 million in assets. In addition, the Bank manages approximately $145 million in sold commercial and mortgage loans plus business sweep accounts off-balance sheet, bringing total assets under management to over $385 million. The Bank serves its customers through a network of thirteen offices located in Marquette, Dickinson and Houghton Counties. A fourteenth office will be opened in the Summer of 2010, on N. Third Street in Marquette.
FOR IMMEDIATE RELEASE
January 8, 2010
Contact: Ken Palmer, Chairman, President and Chief Executive Officer Range Bank, N.A. (906) 475-4151
Range Bank is pleased to announce the promotions of two staff members.
Kelli Hendrickson has been promoted to Assistant Vice President. Kelli is Branch Manager and Loan Officer at the Bank’s Harvey Office and has been at Range Bank for 13 years. Active in the community, she has held Board positions with the Chocolay Area Business Association and the Women’s Center of Marquette and is currently on the management team of the Special Olympics. Kelli and her husband Jeremy reside in Marquette.
Michelle McLaughlin has been promoted to Senior Credit Analyst and named an Officer of the Bank. A Marquette native, Michelle has a Bachelor of Science Degree in Office Administration from Northern Michigan University and has over 20 years of local banking experience. Michelle resides in Marquette with her husband Kevin and sons Conner and Garret. The family is a member of St. Michael Catholic Parish.
Range Bank, established in 1887 has over $242 million in assets, and serves its customers through a network of thirteen offices located in Marquette, Dickinson and Houghton Counties. A fourteenth office will be opened in the Summer of 2010, on N. Third Street in Marquette.
FOR IMMEDIATE RELEASE
December 15, 2009
Contact: Ken Palmer, Chairman, President and Chief Executive Officer Range Financial Corporation Phone: (906) 475-4151 Email: kapalmer@rangebank.com
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Financial Corporation has declared a quarterly dividend of $1.05 per share payable on December 15, 2009 to the shareholders of record on December 1, 2009. This brings the total dividend payment for 2009 to $4.20 which is a yield of 3.02% based on a repurchase price of $139.00 per share.
Range Financial Corporation is the holding company that owns Range Bank which has over $247 million in assets and serves its customers through thirteen offices in Marquette, Dickinson and Houghton counties. Information on Range Bank is available at www.rangebank.com.
FOR IMMEDIATE RELEASE
March 16, 2009
Contact: Ken Palmer, Chairman, President and Chief Executive Officer Range Financial Corporation Phone: (906) 475-4151 Email: kapalmer@rangebank.com
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Financial Corporation has declared a quarterly dividend of $1.05 per share payable on March 15, 2009 to the shareholders of record on March 1, 2009.
Range Financial Corporation is the holding company that owns Range Bank which has over $244 million in assets and serves its customers through thirteen offices in Marquette, Dickinson and Houghton counties.
FOR IMMEDIATE RELEASEDate: July 29, 2008
RANGE FINANCIAL CORPORATION HOLDS ANNUAL SHAREHOLDER’S MEETING AND ELECTS DIRECTORS
Range Financial Corporation held its Annual Meeting of Shareholders on May 20, 2008 in Negaunee. Four directors were reelected for a term of three years; they were Peter W. Frazier, FRACO Inc.; Anita A. Johns, President, Holiday Travel; Allan L. Koskey, President, Koskey Funeral Home; Paul R. Symons, President, Symons Hardware, Inc. Other directors of the Corporation include; Gerald R. Junak, Anthony N. Kroncich, Dr. Peter LaFreniere, John F. Marshall, Kenneth A. Palmer, Dr. John F. Pillote, William C. Verrette, and Karl A. Weber.
Officers of the Corporation for 2008 are Kenneth A. Palmer, President and Chief Executive Officer; R. Scott Reilly, Vice President; Roxanne M. Daust, Treasurer; John W. Lenten, Secretary and Linda M. Turri, Assistant Secretary.
Range Financial Corporation is the holding company for Range Bank, N.A. Range Bank, chartered in 1887, has over $228 million in assets and serves Marquette, Dickinson and Houghton Counties with thirteen offices and thirteen ATM locations.
June 16, 2008
RANGE FINANCIAL CORPORATION DECLARES DIVIDEND
Range Financial Corporation has declared a quarterly dividend of $1.00 per share payable on June 15, 2008 to the shareholders of record on June 1, 2008.
Range Financial Corporation is the holding company that owns Range Bank which has over $228 million in assets and serves its customers through thirteen offices in Marquette, Dickinson and Houghton counties.
RANGE BANKRE-ELECTS DIRECTORS AND OFFICERS
Range Bank’s Board of Directors and Officers were re-elected at the Bank’s annual meeting held recently. Directors of the Bank are: Kenneth A. Palmer, Chairman, President & CEO, Range Bank; Peter W. Frazier, President, FRACO, Inc.; Anita A. Johns, Owner, Holiday Travel & Cruise; Gerald R. Junak, Retired Chairman & President, Range Bank; Allan L. Koskey, President, Koskey Funeral Home; Anthony N. Kroncich, CPA, President, Kroncich & Associates; Janet R. Kuru, Retired CEO Range Bank – Copper Country; Peter A. LaFreniere, DDS, Dental Practice; Anthony P. Locatelli, Co-Owner, Locatelli Construction Co.; John F. Marshall, Retired President, Lake Superior & Ishpeming Railroad Co.; Dr. John F. Pillote, Retired, Marquette Radiology Associates; Bruce A. Rukkila, Owner, Bruce Rukkila, CPA PC; Paul R. Symons, President, Symons Hardware; Stephen D. Vairo, President, Calumet Electronics Corp.; William C. Verrette, Chairman & CEO, Champion, Inc.; Karl A. Weber, Partner; Plunkett & Cooney Law Firm.
Officers are Kenneth A. Palmer, Chairman, President & Chief Executive Officer; R. Scott Reilly, Executive Vice President & Chief Operating Officer; Robert W. Martin, Executive Vice President, Roxanne M. Daust, Senior Vice President & Chief Financial Officer; Charlotte L. Gaudreau, Vice President Credit Administration & Internal Audit; Sally L. Shaver, Vice President Mortgage Loans; William D. Edberg, Community President/Dickinson County; Timothy J. Baroni, Community President/Copper Country; Terry L. Jutila, Senior Vice President Commercial Loans; John W. Lenten, CPA, Vice President Commercial Loan Officer; Christopher H. DeRoche, Vice President Commercial Loans and Branch Manager; James P. Markham, Jr. Vice President Commercial Loans; Kristy M. Sibilsky, Vice President Commercial Loans; Angela M. Knauss, Vice President Mortgage Loan Officer; Kelly L. Jandron, Vice President Regional Branch Administrator; Linda M. Turri, Assistant Vice President Personnel Officer; Paula A. Rasanen, Assistant Vice President Operations Officer; Patricia S. Couvion, Training and Security Officer, and Kelli J. Hendrickson, Branch Manager and Loan Officer; Cheryl L. O’Brien, Branch Manager and Loan Officer; Peter N. Manderfield, Branch Manager and David A. Varda, Deposit Services Manager.
Range Bank was chartered in 1887, and has over $228 million in assets and serves Marquette, Dickinson and Houghton Counties with thirteen offices and thirteen ATM locations. For additional information visit the bank’s web site at www.rangebank.com.
RANGE BANK ANNOUNCES NEW HIRES
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