Charles C. Van Loan has been elected president and chief operating officer of Independent Bank Corp., Ionia, Mich.
In January the board designated Mr. Van Loan as successor to Loren C. Adgate, chief executive officer, who is to retire next April.
Mr. Van Loan had been executive vice president of the company as well as president and chief executive officer of its lead bank, Independent Bank, in Ionia. He will continue to head the bank.
Mr. Van Loan joined Independent Bank Corp., in March 1980 as personnel officer at the Ionia bank. He was named president and CEO in 1987 and executive vice president of the parent company last year.