First National Bank in Mich. Names Charter One Alum to Board

First National Bank in Howell, Mich., has named a former Midwestern bank executive to its board.

The $326 million-asset bank appointed Ken Marblestone a director, Crain's Detroit Business reported Thursday. Marblestone is a managing director at Cascade Partners, an investment firm in Southfield, Mich.

In 2013 Marblestone was president of the Ohio and Michigan regions for Citizens Financial Group's Charter One Bank.

Ronald Long, First National's CEO, did not immediately return a call seeking comment.

FNBH Bancorp, the holding company for First National Bank, has been operating under consent orders from the Office of the Comptroller of the Currency for the past six years that require the company to improve asset quality. FNBH has made progress, cutting its nonperforming assets to 2.25% of total assets as of June 30, the bank's lowest level since mid-2006.

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