C. James Bess Named President & CEO of Oxford Bank Corporation and Oxford Bank
June 19 2009 - 11:40AM
PR Newswire (US)
Bess Also Named to Board of Directors OXFORD, Mich., June 19
/PRNewswire-FirstCall/ -- The board of directors of Oxford Bank
Corporation (OTC:OXBC) (BULLETIN BOARD: OXBC) , the holding company
for Oxford Bank, announced today the appointment of C. James Bess
as president and chief executive officer of the Bank and the
Holding Company. Mr. Bess was also appointed to the board of
directors of both entities. All positions are subject to regulatory
approval. Mr. Bess brings a total of 46 years of experience in the
financial services industry to his position with Oxford Bank,
including 37 years as a community banker. Since 1979, he has
successfully served as president and CEO of institutions ranging in
total assets from $30 million to $650 million in Michigan, Ohio and
Kentucky. Most recently, Mr. Bess was the CEO and president of
North Country Bank & Trust in Manistique, Michigan between 2003
and 2006. Karen Mersino, board chair of the Corporation and the
Bank, announced the appointment and commented, "Mr. Bess is a
highly-regarded leader within the banking industry. His vast
background in community banking, and demonstrated experience in
assisting financial institutions through regulatory enforcement
actions, will be an extraordinary asset to the Board as we look to
keep Oxford Bank independent and return it to profitability."
Oxford Bank Corporation is a registered holding company. Its
subsidiary, Oxford Bank, is the oldest commercial bank in Oakland
County, celebrating its 125th year in 2009. The Bank was recently
voted the Best Bank in Oakland County by the readers of the Oakland
Press and earned the 1st Place Readers Choice for Best Bank in
December of 2008 by the readers of the Oxford Leader and the Lake
Orion Review. It operates eight full-service offices in Clarkston,
Davison, Dryden, Goodrich, Lake Orion, Oakland Township, Ortonville
and Oxford, along with a consumer lending center in Oxford and a
commercial banking office in Lake Orion. The Bank has operated
continuously under local ownership and management since it first
opened for business in 1884. For more information about Oxford Bank
and its complete line of financial services, please visit
http://www.oxfordbank.com/. DATASOURCE: Oxford Bank Corporation
CONTACT: Anthony P. Lasher, +1-248-969-7227, Fax: +1-248-969-7230,
Web Site: http://www.oxfordbank.com/
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