New community bank

Local depositors and small business owners have a new banking option with the recent opening of Community United Bank, 34040 Woodward Avenue, at the northeast corner of Lincoln. Former Oakland County Treasurer Andy Meisner is the bank’s CEO, a position he feels prepared for after his previous position. “As the county treasurer for 12 years, I would describe myself as the banker for the county, but I really learned a lot about banking at the county,” he said, as he worked with businesses, banking and investment institutions. “I had worked with some pretty fantastic community banks during my time as treasurer – they’re meeting an important market need. I see the community impact. Local decision-making is about relationships.” The focus of Community United Bank will focus on small business lending, a niche that can be overlooked by larger national companies. “We believe we can move at the speed of business,” Meisner said. “We found the right technology for our clients.” Meisner noted many individuals are banking online, but at the same time their 4,500 square foot branch is a welcoming location with concierge-style service. “We were approved by the FDIC to accept deposits and we received our state charter, all effective June 26, so we’re an official bank. We have assembled an all-star team for our board and a management team of seasoned veterans.”

Business Matters for the Birmingham - Bloomfield area are reported by Lisa Brody. Send items for consideration to LisaBrody@downtownpublications.com. Items should be received three weeks