DIXON, Calif.--(BUSINESS WIRE)--
Louise A. Walker, President and Chief Executive Officer of First
Northern Bank and First Northern Community Bancorp (OTCQB:FNRN) has
announced the appointment of Mark C. Schulze to both the Bank and
Bancorp’s Boards of Directors effective March 1, 2017. He will also
serve on First Northern Bank’s Audit Committee and Information Services
Steering Committee. Mr. Schulze fills the Board seat left vacant by
David Schulze, who retired on January 30, 2017 at First Northern’s
mandatory director retirement age. David Schulze served on the Company’s
Board for over 38 years.
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Mark C. Schulze Appointed to First Northern Community Bancorp Board (Photo: Business Wire)
Mark Schulze is a shareholder of First Northern Community Bancorp, and
is a co-founder of the Clover Network, Inc. Clover is a point-of-sale
payment platform and is now a subsidiary of First Data Corporation, a
global leader in commerce-enabling technology and solutions. Mr. Schulze
has been active in technology and financial services-related companies
for over 20 years. He is also an active investor and limited partner in
a number of technology funds and serves as an advisor to companies
within Orange’s technology incubator (France Telecom), as well as to
companies within the 500 Startups portfolio.
Mr. Schulze graduated from Bowdoin College in Brunswick, ME with a
Bachelor of Arts in Government, and did graduate work at Johns Hopkins
University in Baltimore, MD. His experience with both private and public
companies has provided him with extensive knowledge in the payment
space, as well as with marketing and management. Mr. Schulze is a
resident of San Francisco.
The other 10 members of the Bank’s Board of Directors include: Lori J.
Aldrete of Davis (Chairwoman), Foy McNaughton of Fairfield (Vice
Chairman), Frank J. Andrews, Jr. of Fairfield, Patrick R. Brady of
Roseville, John M. Carbahal of Winters, Gregory DuPratt of Dixon,
Barbara A. Hayes of Sacramento, Richard M. Martinez of Woodland, Sean P.
Quinn of Fairfield, and Louise A. Walker of Dixon.
About First Northern Bank
As the Sacramento Region’s local leader in small business lending and
customer satisfaction, First Northern specializes in relationship
banking. Experts are available in small business, commercial, real
estate and agribusiness lending, as well as mortgage loans. The Bank is
an SBA Preferred Lender. Non-FDIC insured Investment and Brokerage
Services are available at every branch location, including Auburn,
Davis, Dixon, Fairfield, Roseville, Sacramento, Vacaville, West
Sacramento, Winters, and Woodland. The Bank has a full-service Trust
Department in Sacramento and a commercial lending office in Walnut
Creek. Mortgage loan officers and commercial loan officers are available
by appointment in any of the Bank’s 10 branches. The Bank is rated as a
“Superior” 5-Star Bank by BauerFinancial Inc. (www.bauerfinancial.com),
and can be found on the Web at www.thatsmybank.com,
on Facebook
and on LinkedIn.
Forward-Looking Statements
This press release may include certain “forward-looking statements”
about First Northern Community Bancorp (the “Company”). These
forward-looking statements are based on management’s current
expectations and are subject to certain risks, uncertainties and changes
in circumstances. Actual results may differ materially from these
expectations due to changes in global political, economic, business,
competitive, market and regulatory factors. More detailed information
about these risk factors is contained in the Company’s most recent
reports filed with the Securities and Exchange Commission on Forms 10-K,
10-Q and 8-K, each as it may be amended from time to time, which
identify important risk factors that could cause actual results to
differ materially from those contained in the forward-looking
statements. The financial information contained in this release should
be read in conjunction with the consolidated financial statements and
notes thereto included in the Company’s most recent reports on Form 10-K
and Form 10-Q. The Company undertakes no obligation to update any
forward-looking statements to reflect events or circumstances arising
after the date on which they are made. For further information regarding
the Company, please read the Company’s reports filed with the SEC and
available at www.sec.gov.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170301006622/en/
First Northern Bank
Kimberly A. DeBra, 707-678-3041
EVP/Corporate
Communications
Source: First Northern Community Bancorp