Midland, MI and Michigan City, IN (June 30, 2017) – In response to the historic flooding in the Great Lakes Bay Region, Wolverine Bank and Horizon Bank are supporting flood relief efforts with a donation in the amount of $100,000.
United Way of Midland County and the The Midland Area Community Foundation have jointly established a Disaster Relief Fund. $50,000 of this pledge will go into this fund. All of the donations to the Disaster Relief Fund will go toward those impacted, under the direction of the Midland County Office for Emergency Management. To qualify, residents must first report flood damage through the Midland 911 website, found here: http://bit.ly/2sUacOC, or by calling 989-837-3500. Community members can also donate to the fund at www.midlandfoundation.org.
“Our thoughts and prayers are with our friends and neighbors in the Great Lakes Bay Region who have been impacted by the severe flooding in our area," said David Dunn, President and Chief Executive Officer of Wolverine Bank. “We hope that this donation will help with immediate relief needs as well as recovery efforts."
On June 14, 2017, Horizon Bancorp and Wolverine Bancorp, announced a definitive agreement whereby Horizon will acquire Wolverine and its wholly-owned subsidiary, Wolverine Bank. The transaction is expected to be completed by the late third quarter or early fourth quarter of 2017. The partnership with Horizon Bank will provide new opportunities to increase the depth of banking products and services in the Great Lakes Bay Region.
To learn more about the proposed merger of Wolverine Bancorp and Horizon Bancorp, including press releases and FAQs, visit the banks investor relations websites at:
About Wolverine Bancorp, Inc.
Originally chartered in 1933 and headquartered in Midland, Michigan, Wolverine Bancorp, through its wholly-owned subsidiary Wolverine Bank, serves the Great Lakes Bay, Metro Detroit, Greater Lansingand Grand Rapids regions. Wolverine Bank may be reached online at www.wolverinebank.com. Its common stock is traded on the NASDAQ Capital Market under the symbol WBKC.
About Horizon Bancorp
Horizon Bancorp is an independent, commercial bank holding company serving northern and central Indiana, southwest and central Michigan and central Ohio. Horizon also offers mortgage-banking services throughout the Midwest. Horizon Bancorp may be reached online at www.horizonbank.com. Its common stock is traded on the NASDAQ Global Select Market under the symbol HBNC.
David H. Dunn