Moving quickly to shore up its merger partner, Charter One Financial Inc. named two executives with considerable lending and retail banking experience to lead its new division in Michigan.

Cleveland-based Charter One's merger with Firstfed Michigan Corp. of Detroit is expected to close in the fourth quarter, creating the nation's fifth-largest publicly trade thrift.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.