About Talmer Bank and Trust
Talmer. It's a different kind of name for a bank, isn't it? Well, we're a very different kind of bank. Our name combines the last name of the grandfather of David T. Provost, Chairman and CEO of Talmer Bank and Trust (Talmage) with the last name of the grandfather of Gary Torgow, Chairman of Talmer Bancorp, Inc. (Merzon). Their grandfathers were two remarkable humanitarians who never met, but shared a common purpose - to help others and to enrich the lives of their communities.
How do the lives of men who lived decades ago affect Talmer customers today? By continuing their commitment to serve and support the local communities where we live and work.
At Talmer Bank and Trust being a community bank isn’t just our business, it’s our mission. We understand the important role a community bank plays in the growth and vitality of the area it serves and that is why we take great pride in being invested financially and emotionally in the communities we call home.
Through our acquisitions over the years, we have given great companies and their employees a second chance and helped reignite their communities. Over the past several years, together we have been able to retain hundreds of local jobs, restore customer confidence, and continue to give back and support local initiatives. Together we are moving forward in a position of strength to not only provide financial solutions to our neighbors and local businesses but to deliver on our commitment of community, integrity and service.
Yes there are other banks that promise such things. But we have something more at stake that inspires us to actually deliver - our family heritage.
Gary Torgow is the Chairman of Talmer Bancorp, Inc. He has been Chairman of Talmer Bancorp, Inc. and the Board of Directors of Talmer Bancorp, Inc. since December 2009. Mr. Torgow has also served Talmer Bank in an executive capacity since January 2010. Upon our acquisition of First Place Bank, he was appointed to serve on First Place Bank's board of directors. Before joining our company, Mr. Torgow served as the founder and Chairman of the Sterling Group, a Michigan based real estate and development, investment and management company that has acquired, developed and operated a number of landmark properties and businesses in Southeast Michigan. He was also a former Board member of the Bank of Bloomfield Hills and the Michigan Board of The PrivateBank.
Mr. Torgow serves on the board and audit committees of Jackson National Life Insurance of New York, on the board and finance committee of Blue Cross Blue Shield of Michigan, and on the boards of Henry Ford Health Systems Foundation, Wayne State University Foundation and the Community Foundation of Southeastern Michigan. He also serves as a Trustee on the Board of Touro College, and is the volunteer President of Michigan’s largest Jewish day school, the Yeshiva Beth Yehudah. Mr. Torgow has served as a volunteer on numerous civic and communal boards including the Detroit Economic Growth Corporation and the Michigan Civil Rights Commission, both of which he served as Chairman.
He has won numerous awards including the Frank A. Wetsman Leadership Award from the Jewish Federation of Metropolitan Detroit, the NAACP’s Fannie Lou Hamer “Keeping the Spirit Moving” Award, the Fair Housing Leadership Award from the Fair Housing Center of Metro Detroit, and the Wayne State University Law School Distinguished Alumni Award.
David T. Provost is Chairman and Chief Executive Officer of Talmer Bank and Trust and Chief Executive Officer, President and Director of Talmer Bancorp, Inc. He was appointed Chief Executive Officer (CEO) of Talmer Bank in early 2008. Mr. Provost has served as CEO, President and a director of Talmer Bancorp, Inc. and Chairman and CEO of Talmer Bank since December 2009. He also served as President of Talmer Bank until the appointment Mr. Shafer as President of Talmer Bank in September 2014. Before joining us, Mr. Provost served as Chairman and Chief Executive Officer of The PrivateBank—Michigan, which at that time was a subsidiary of Chicago based PrivateBancorp, Inc. He also served as President and Chief Executive Officer of Bloomfield Hills Bancorp, and Chairman and Chief Executive Officer of The Private Bank. Before his leadership role at The PrivateBank, Mr. Provost served 13 years in various capacities at Manufacturers National Bank of Detroit and Manufacturers National Bank of Novi, now known as Comerica Bank.
Mr. Provost serves on the Board of Directors and as Chairman of the Audit Committee for Plastipak Packaging, Inc., located in Plymouth, Michigan. As an active member of the community, he serves on the Board of Directors for The RESTORE Foundation, the Community Foundation of Southeastern Michigan, the Detroit Economic Club, Eastern Michigan University College of Business, the Partners in Torah Advisory Board, Presbyterian Village Advisory Board, and is a Past Chairman of the Board of Trustees of Alma College.
Mr. Provost was named one of Crain’s Detroit Business 2010 Newsmakers of the Year. In 2006 he was awarded the Ernst and Young Entrepreneur of the Year in the Central Great Lakes Financial Services division. He also received the 2007 Yeshiva Beth Yehudah Outstanding Leadership Award, and is a recipient of Crain’s Detroit Business 40 Under 40.
Thomas C. Shafer is President of Talmer Bank and Trust and Chief Operating Officer of Talmer Bancorp, Inc. He has served as Chief Operating Officer of Talmer Bancorp, Inc. and President of Talmer Bank since September 2014. Mr. Shafer joined Talmer Bank in 2010 and served as Vice Chairman of the Company since 2011. Upon our acquisition of First Place Bank, he was appointed to serve as President and Chief Executive Officer of First Place Bank, where he spent over 18 months leading their successful integration and charter consolidation efforts. Before joining Talmer Bank, Mr. Shafer held various executive level positions with the Citizens Republic Bancorp over a 16 year period, most recently as Executive Vice President, Specialty Banking, which included all large credit exposure clients, healthcare banking, treasury services and trade finances. Previous roles with the Citizens Republic Bancorp included Executive Vice President, Regional Banking, where he managed all of the bank’s regions in their four-state footprint in 2009, and the East Michigan region in 2008, Executive Vice President of Commercial Banking, Chief Credit Officer and Regional President, Southeast Michigan, where he led the bank’s initiative to enter Michigan’s largest market.
Mr. Shafer serves on the Board of Directors for the Detroit Regional Chamber and is Chair-Elect for Detroit Public Television.
Dennis Klaeser is Chief Financial Officer and Executive Managing Director of Talmer Bank and Trust and Talmer Bancorp, Inc. He has served as our Chief Financial Officer and an Executive Managing Director since May 2010. Before joining us, Mr. Klaeser was a senior Midwest bank analyst with Raymond James from April 2009 to May 2010. From 2003 until 2009, he was Chief Financial Officer of PrivateBancorp, Inc., where he was responsible for financial and accounting functions as well as strategic planning, capital markets, and investor relations. From 2000 through 2002, Mr. Klaeser was Managing Director and Head of the Financial Institutions Group for Anderson Corporate Finance, a division of Arthur Andersen, where he was responsible for advising financial institutions on complex M&A transactions, restructuring, and divestures. Mr. Klaeser also spent seven years as an investment banker and was head of the Financial Institutions Group at EVEREN Securities and its successor, First Union Securities. During his career, Mr. Klaeser has managed more than 40 M&A and capital transactions for financial institutions.
Mr. Klaeser earned an MBA from the Kellogg Graduate School of Management at Northwestern University, MA Degrees in Public Policy and Social Service Administration from the University of Chicago, and a BA from Lawrence University. He is married with two children.