-
Fentura Financial Inc. in Fenton, Mich., has named new leadership for its board following the resignation of its chairman.
November 29 -
An ongoing tug-of-war between compensation and regulation has spread to retirement packages at community banks after a Michigan company opted to withhold about half of a payout to a retiring executive until an outstanding enforcement action is lifted.
October 12
Another key executive is leaving Fentura Financial Inc. in Fenton, Mich.
The $301 million-asset company said in a regulatory filing Monday that Douglas Kelley would resign as its chief financial officer on Feb. 23 to "pursue other interests." Fentura also said that Kelley would not receive any payments under a severance agreement reached in July 2008.
The filing did not say whether Fentura had appointed a new chief financial officer.
In November, the company said that
In October, Fentura disclosed in a regulatory filing that it