Bank of Ann Arbor Routing Number: 072413735
Bank of Ann Arbor SWIFT BIC: ANNAUS33
Bank of Ann Arbor NMLS ID: 532149
Tim Marshall is President and CEO of Arbor Bancorp, Inc. and Bank of Ann Arbor, a locally owned and operated full-service community bank with eight locations in the Ann Arbor, Western Wayne, and Oakland County Michigan area. The bank was founded in 1995 and has grown to nearly $1.6 billion in total assets. The trust and investment management group was formed in late 1997 and has total assets under administration exceeding $1.4 billion. Combined bank and trust assets are nearly $3 billion. The December 31, 2017 fiscal year end represented the eighth consecutive year of record-level earnings, increasing at an average annual growth rate of 14% since 2010. In addition to supporting the lending and deposit needs of our local businesses and consumers, Bank of Ann Arbor is very active in the entrepreneurial community and has built one of the premier Technology and Life Science Banking Groups in the Midwest. The bank has also been recognized state-wide and nationally for its employee health initiatives and social media strategies.
In addition to its social media success, in 2017, Bank of Ann Arbor was again deemed one of the U.S.’s Top 50 Banks to Work For by the American Bankers Association, the third time in five years. Also, Crain’s Detroit Business has previously awarded Bank of Ann Arbor as the top performer in its size category on its list of Healthiest Employers in Southeast Michigan.
Tim graduated from Purdue University with his B.S. in Industrial Management from the Krannert School of Business and his M.B.A. from Butler University.
His banking career spans 30 plus years starting in 1981 at Indianapolis based American Fletcher National Bank. In 1994, he moved to Indianapolis headquartered Salin Bank & Trust Co. where his management responsibilities ranged from serving as Chief Credit Officer to managing all functional business lines as the President, Chief Operating Officer, and a Board Director of Salin. The bank grew from approximately $200 million in assets to nearly $1 billion under his management. Trust assets were $34 million in 1998 and grew to $431 million prior to his departure in June 2004 when he joined Bank of Ann Arbor in his current role.
Active in his community, Tim is a board director and immediate past chair for the Michigan Bankers Association as well as a board member for the Affordable Housing Partners, Inc., and the Ann Arbor Economic Development Corporation. In 2017, he finished a seven-year term on the board of directors of the Washtenaw County Shelter Association. In 2011, Tim was appointed to the Federal Reserve Bank of Chicago’s Community Depository Institution Advisory Council (CDIAC) and served as its Chair from 2012-2014. In his capacity as Chair, he met with the Federal Reserve Board of Governors twice a year in Washington D.C. on economic and banking industry trends. Bank of Ann Arbor was a founding member in 2005 of Ann Arbor SPARK, an economic development organization in southeast Michigan, where he has served on its board and executive committee since its founding and served as Chairman of the Board from 2012-2015. Tim was elected to the University Musical Society (at the University of Michigan) Board of Directors on July 1, 2018. He’s also a member of the Downtown Rotary Club and has volunteered his time on numerous initiatives with the United Way, American Red Cross, Arbor Hospice, Telling It, Ann Arbor Area Transportation Authority, SOS Community Services, and Chamber of Commerce.
Tim and his wife, Emily, have two sons and enjoy spending time at their lake house. His interests include reading, playing golf, attending sporting events, cooking and listening to music.