New Mortgage Lenders

Well known Grand Traverse area mortgage lenders Teri Damman and Holly Tegel have joined Northwestern Bank.

Teri joins Northwestern as a mortgage loan officer and manager of the bank's mortgage lending team. She will head up Northwestern's mortgage lending efforts and will continue to originate new home mortgages, refinancing and construction loans. Prior to joining Northwestern, Teri was a local mortgage lender for over 12 years. She is a member of the Traverse Area Association of Realtors and Grand Traverse Area Homebuilders Association.

Holly joins Northwestern as a mortgage loan officer and will originate new home mortgages, refinancing and construction loans. She has worked in the banking industry since 1978. She's also active in the Traverse Area Association of Realtors and Grand Traverse Area Homebuilders Association.

"We are extremely pleased to welcome Holly and Teri to our team," said Northwestern executive vice president Richard Jackson. "Their addition will help us maintain our leadership in the local mortgage market." Northwestern Bank now employs more than 50 mortgage team members in 23 offices.

Northwestern Bank was chartered in 1955 and is now the largest independent community bank in northern Michigan. A growing financial institution with over $700 million in assets, the bank is one of the leading mortgage, consumer, and commercial lenders in the region. Based in Traverse City, Northwestern Bank offers complete banking, investment and trust, and employee benefit services from 23 offices throughout northern Lower Michigan. Northwestern is committed to an "I can do that!" approach to service, which empowers employees to make decisions on the spot to meet customer needs and exceed their expectations.

For further information, call (231) 941-5626 or e-mail tdamman@nwbank.com or htegel@nwbank.com.