Union Bank Sells Former Corporate Office Facility
Grand Rapids, Michigan – September 14, 2022 – In transition to the Banks’ new corporate office in Grand Rapids, on Monday, August 22, 2022 Union Bank sold the former corporate office facility at 933 Fourth Avenue in Lake Odessa, MI to RecLending.
Union Bank has been proud to call itself a truly local and proudly independent bank with roots deep in West and Central Michigan’s soil since 1934. Though over the years, the Banks’ name, leadership, staff and locations may have changed, one thing remains the same—the commitment to working hard for local businesses and the hard-working people who make, build and grow for a living.
“Emerging from a difficult period of time due to the COVID-19 pandemic and ever-changing economic environment, we as a Bank continue to stand strong and instill hope for the many local, independent businesses we serve and the individuals who work for them. Navigating the landscape over the past two years has been a challenge for many of the makers, builders and growers in our community. We are honored to have helped so many of our customers find success and growth during difficult times and we remain committed to always finding the right solutions to our customers’ needs,” said Union Bank President and CEO, Cortney Collison. “Over the past several years, we have observed and maintained steady organizational growth and relocating our corporate office will allow us to continue that trend by expanding our footprint to assist more small businesses and their hardworking employees in reaching their financial goals.”
In preparation for the corporate move, it has been of top priority for the Banks’ Board of Directors and Senior Management to ensure the facility at Fourth Avenue was sold to a business whose owners are fully committed to the Lake Odessa community and surrounding areas. A veteran and family-owned and operated company, RecLending, specializes in boat loans and RV financing across the United States. The company was established in 2008 by Todd Dreysse who has lived in Lake Odessa for over 30 years.
Currently headquartered in Charlotte, when the opportunity became available to expand and move closer to his hometown, Todd knew it was the right fit not only for RecLending, but also for the community. “While we remotely operate Nationwide, 75% of our employees are from the Lakewood community. We look forward to joining the business district of Lake Odessa and look forward serving the community for many years to come,” said Dreysse.
The Bank will lease the building from the new owners until December 2023 providing time to complete the transition and relocation of all team members that currently remain at the Fourth Avenue address. While the growing financial institution has relocated its corporate office, this transition will have little to no effect on the Banks’ other locations. Renovation plans for the Lake Odessa Branch located at 1150 Jordan Lake Street are in development.
For more information or questions regarding the relocation of Union Banks’ corporate office, please contact Rose Willson, AVP, Marketing Officer at (616) 374-3278.
Union Bank is a wholly owned subsidiary of Union Financial Corporation and operates full-service banking offices in Ada, Dimondale, Grand Rapids, Hastings, Lake Odessa, Mulliken and Westphalia. Member FDIC and Equal Housing Lender. (NMLS# 488568) ubmich.com