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Level One Bancorp, Inc. to Enter Grand Rapids Market

Expansion reinforces Level One’s commitment to growth, community banking in Michigan

Patrick J. Fehring, President and CEO of Level One Bancorp, Inc. (Level One Bank) announced today that the bank plans to enter into the Grand Rapids marketplace.

On September 1st, Level One Bank will acquire the lease of a currently vacant bank branch property located at 2355 Burton Street SE on Grand Rapids’ east side. Over the next several months, the 7,000 square foot building will be updated and remodeled with a branch opening date scheduled for early December.

“Grand Rapids has one of the strongest and fastest growing economies in the nation, one of the lowest unemployment rates, and is well recognized as one of the best places to live in the country,” said Fehring. “We are incredibly attracted to the robust market that Grand Rapids offers for a community bank and we look forward to serving this city well with an eye toward future expansion here.”

Said Tim Mackay, Executive Vice President of Consumer Banking: “Having lived and worked in the Grand Rapids community for over a decade prior to joining Level One, it is exciting to return to my roots and once again serve this quality market and its quality people. There is a great need here for a new, Michigan-based community bank. We plan to fill that need.”

In the coming weeks, Level One Bank plans to hire 12-13 banking professionals from the Grand Rapids area, including: Commercial Lenders, Mortgage Loan Originators, Business Development Officers and other branch personnel, including a Banking Center Manager. Employment inquiries can be made at: 248-737-0300.

Level One Bank currently operates ten full-service banking centers throughout the Metro Detroit region. Level One Bank has been recognized both locally and nationally as the U.S. Small Business Administration’s (SBA) ‘Community Lender of the Year’ and ‘Export Finance Lender of the Year’, Inc. Magazine’s list of 5,000 ‘Fastest Growing Private Companies in America’, one of American Banker’s ‘Best Banks to Work For’, and ranks 10th in the nation among best-performing community banks as published by S&P Global Market Intelligence.

About Level One Bank

Level One Bank is a full-service, 5-Star BauerFinancial rated commercial and consumer bank headquartered locally in Farmington Hills, Michigan with assets of approximately $1.0 billion. It currently operates ten full-service banking centers located throughout the Metro Detroit region. Level One’s Commercial Division provides a complete menu of products including lines of credit, term loans, leases, commercial mortgages, SBA loans, Export-Import Financing and a full suite of Treasury Management services. The Consumer Division offers personal savings and checking accounts and a complete array of consumer loan products including residential mortgages, home equity, auto, and credit card services. Level One Bank offers a variety of online banking services and a robust mobile banking application for individuals and businesses. Level One Bank offers the sophistication of a big bank, the heart of a community bank, and the spirit of an entrepreneur. For more information, please visit www.levelonebank.com.