Oxford Bank is growing both physically and financially in its 119th year of existence.
The bank’s physical growth can be attributed to this month’s opening of a new 5,000-square-foot Commercial Loan Center in the Long Lake Professional Building, located at (Suite 201) 720 North Lapeer Road in Lake Orion.
The center will house the bank’s entire commercial lending operation and the bank’s financial services office operated by Raymond James Financial Services, Inc., which has provided financial and investment planning services to Oxford Bank customers since 2001.
Anthony Lasher, marketing director at Oxford Bank, said the bank’s growth has resulted in the hiring of more mortgage lenders, clerks and other employees.
This increase in personnel is putting ‘more and more stress and pressure? on the Finance Center building, which currently houses the Commercial Loan Department.
‘The Finance Center was built in 1989 and it’s already packed to the brim,? Lasher said. ‘Moving the Commercial Loan Department out of there will alleviate the overcrowding and allow each of the three lending divisions to add more personnel and services and grow comfortably.?
Lasher said the Long Lake Professional Building is a ‘nice central location? between Oxford and Orion, which are the ‘two biggest communities the bank serves.?
However, Lasher noted this move is ‘strictly an interim step? until the bank determines ‘how to best utilize? the Oxford property it purchased in 2000, a 3-acre parcel in Waterstone, right across from Kalloway’s Restaurant and Pub near Market Street.
‘We have no plans to leave Oxford in any way,? he explained. ‘Our 119-year committment to this community is still as strong as ever. Oxford’s been very good to us.?
The new Commercial Loan Center in Lake Orion will also house expanded offices and a conference room for Raymond James representative Robert Whitcomb.
Whitcomb, a Registered Financial Consultant (RFC) and Certified Fund Specialist (CFS), specializes in financial planning for small businesses and individuals. Together with his associate Jay Smith, a Certified Financial Planner (CFP), they can assist Oxford Bank’s small business clients in establishing employee benefits, help with the passing of a family business from one generation to another and financial planning for business owners.
Whitcomb can offer assistance to individuals with asset management, bonds, stocks, mutual funds, retirement plans, tax planning, college funding, 401(k) packages, insurance and annuities.
‘I believe every person and business needs a financial planner,? Whitcomb said.
Whitcomb said he wants to ‘focus on educating? the bank’s clients, adding that he’s taught seminars at the University of Michigan, Ann Arbor Schools, Utica Schools and Oakland Community College.
The financial adviser said he’s more interested in properly and effectively managing and protecting his clients? money than simply increasing the number of his clients. ‘I want the clients to be people, not just numbers,? he said. ‘I want to develop long-term relationships with them.?
Whitcomb is available by appointment at all six branches of Oxford Bank ? Oxford, Lake Orion, Clarkston, Ortonville, Dryden and Oakland Township.
For an appointment with Whitcomb call 628-2533.
Besides physical growth, Oxford Bank also experienced financial growth in 2002 as it recorded its 20th consecutive year of record earnings with $4,828,000, an increase of 10.79 percent since 2001.
Oxford Bank also reached two milestones in 2002 as it finished the year surpassing $450 million in total assets and $400 million in deposits.
‘We are very pleased with the Bank posting its 20th consecutive year of record earnings, along with reaching milestones in total assets and deposits,? said Randy Fox, chairman, president and chief executive officer of Oxford Bank Corporation and Oxford Bank.
Hours at all Oxford Bank branches are 9 a.m. to 3 p.m. Monday through Thursday; 9 a.m. to 6 p.m. Friday; and 9 a.m. to Noon Saturday.
Drive-in hours vary, depending on location.

Oxford Bank is growing both physically and financially in its 119th year of existence.
The bank’s physical growth can be attributed to this month’s opening of a new 5,000-square-foot Commercial Loan Center in the Long Lake Professional Building, located at (Suite 201) 720 North Lapeer Road in Lake Orion.
The center will house the bank’s entire commercial lending operation and the bank’s financial services office operated by Raymond James Financial Services, Inc., which has provided financial and investment planning services to Oxford Bank customers since 2001.
Anthony Lasher, marketing director at Oxford Bank, said the bank’s growth has resulted in the hiring of more mortgage lenders, clerks and other employees.
This increase in personnel is putting “more and more stress and pressure” on the Finance Center building, which currently houses the Commercial Loan Department.
“The Finance Center was built in 1989 and it’s already packed to the brim,” Lasher said. “Moving the Commercial Loan Department out of there will alleviate the overcrowding and allow each of the three lending divisions to add more personnel and services and grow comfortably.”
Lasher said the Long Lake Professional Building is a “nice central location” between Oxford and Orion, which are the “two biggest communities the bank serves.”
However, Lasher noted this move is “strictly an interim step” until the bank determines “how to best utilize” the Oxford property it purchased in 2000, a 3-acre parcel in Waterstone, right across from Kalloway’s Restaurant and Pub near Market Street.
“We have no plans to leave Oxford in any way,” he explained. “Our 119-year committment to this community is still as strong as ever. Oxford’s been very good to us.”
The new Commercial Loan Center in Lake Orion will also house expanded offices and a conference room for Raymond James representative Robert Whitcomb.
Whitcomb, a Registered Financial Consultant (RFC) and Certified Fund Specialist (CFS), specializes in financial planning for small businesses and individuals. Together with his associate Jay Smith, a Certified Financial Planner (CFP), they can assist Oxford Bank’s small business clients in establishing employee benefits, help with the passing of a family business from one generation to another and financial planning for business owners.
Whitcomb can offer assistance to individuals with asset management, bonds, stocks, mutual funds, retirement plans, tax planning, college funding, 401(k) packages, insurance and annuities.
“I believe every person and business needs a financial planner,” Whitcomb said.
Whitcomb said he wants to “focus on educating” the bank’s clients, adding that he’s taught seminars at the University of Michigan, Ann Arbor Schools, Utica Schools and Oakland Community College.
The financial adviser said he’s more interested in properly and effectively managing and protecting his clients’ money than simply increasing the number of his clients. “I want the clients to be people, not just numbers,” he said. “I want to develop long-term relationships with them.”
Whitcomb is available by appointment at all six branches of Oxford Bank ? Oxford, Lake Orion, Clarkston, Ortonville, Dryden and Oakland Township.
For an appointment with Whitcomb call 628-2533.
Besides physical growth, Oxford Bank also experienced financial growth in 2002 as it recorded its 20th consecutive year of record earnings with $4,828,000, an increase of 10.79 percent since 2001.
Oxford Bank also reached two milestones in 2002 as it finished the year surpassing $450 million in total assets and $400 million in deposits.
“We are very pleased with the Bank posting its 20th consecutive year of record earnings, along with reaching milestones in total assets and deposits,” said Randy Fox, chairman, president and chief executive officer of Oxford Bank Corporation and Oxford Bank.
Hours at all Oxford Bank branches are 9 a.m. to 3 p.m. Monday through Thursday; 9 a.m. to 6 p.m. Friday; and 9 a.m. to Noon Saturday.
Drive-in hours vary, depending on location.

Oxford Bank is growing both physically and financially in its 119th year of existence.
The bank’s physical growth can be attributed to this month’s opening of a new 5,000-square-foot Commercial Loan Center in the Long Lake Professional Building, located at (Suite 201) 720 North Lapeer Road in Lake Orion.
The center will house the bank’s entire commercial lending operation and the bank’s financial services office operated by Raymond James Financial Services, Inc., which has provided financial and investment planning services to Oxford Bank customers since 2001.
Anthony Lasher, marketing director at Oxford Bank, said the bank’s growth has resulted in the hiring of more mortgage lenders, clerks and other employees.
This increase in personnel is putting ‘more and more stress and pressure? on the Finance Center building, which currently houses the Commercial Loan Department.
‘The Finance Center was built in 1989 and it’s already packed to the brim,? Lasher said. ‘Moving the Commercial Loan Department out of there will alleviate the overcrowding and allow each of the three lending divisions to add more personnel and services and grow comfortably.?
Lasher said the Long Lake Professional Building is a ‘nice central location? between Oxford and Orion, which are the ‘two biggest communities the bank serves.?
However, Lasher noted this move is ‘strictly an interim step? until the bank determines ‘how to best utilize? the Oxford property it purchased in 2000, a 3-acre parcel in Waterstone, right across from Kalloway’s Restaurant and Pub near Market Street.
‘We have no plans to leave Oxford in any way,? he explained. ‘Our 119-year committment to this community is still as strong as ever. Oxford’s been very good to us.?
The new Commercial Loan Center in Lake Orion will also house expanded offices and a conference room for Raymond James representative Robert Whitcomb.
Whitcomb, a Registered Financial Consultant (RFC) and Certified Fund Specialist (CFS), specializes in financial planning for small businesses and individuals. Together with his associate Jay Smith, a Certified Financial Planner (CFP), they can assist Oxford Bank’s small business clients in establishing employee benefits, help with the passing of a family business from one generation to another and financial planning for business owners.
Whitcomb can offer assistance to individuals with asset management, bonds, stocks, mutual funds, retirement plans, tax planning, college funding, 401(k) packages, insurance and annuities.
‘I believe every person and business needs a financial planner,? Whitcomb said.
Whitcomb said he wants to ‘focus on educating? the bank’s clients, adding that he’s taught seminars at the University of Michigan, Ann Arbor Schools, Utica Schools and Oakland Community College.
The financial adviser said he’s more interested in properly and effectively managing and protecting his clients? money than simply increasing the number of his clients. ‘I want the clients to be people, not just numbers,? he said. ‘I want to develop long-term relationships with them.?
Whitcomb is available by appointment at all six branches of Oxford Bank ? Oxford, Lake Orion, Clarkston, Ortonville, Dryden and Oakland Township.
For an appointment with Whitcomb call 628-2533.
Besides physical growth, Oxford Bank also experienced financial growth in 2002 as it recorded its 20th consecutive year of record earnings with $4,828,000, an increase of 10.79 percent since 2001.
Oxford Bank also reached two milestones in 2002 as it finished the year surpassing $450 million in total assets and $400 million in deposits.
‘We are very pleased with the Bank posting its 20th consecutive year of record earnings, along with reaching milestones in total assets and deposits,? said Randy Fox, chairman, president and chief executive officer of Oxford Bank Corporation and Oxford Bank.
Hours at all Oxford Bank branches are 9 a.m. to 3 p.m. Monday through Thursday; 9 a.m. to 6 p.m. Friday; and 9 a.m. to Noon Saturday.
Drive-in hours vary, depending on location.

The Oxford Bank, located at 60 S. Washington, Oxford, Michigan 48371 has filed notice with the Office of Financial and Insurance Services, Enterprise Monitoring Division, P.O. Box 30224, Lansing, Michigan 48909-7724 and the Federal Deposit Insurance Corporation, Chicago Regional Office, Attn: Mr. Scott M. Polakoff, Regional Director, 500 West Monroe Street, Suite 3500, Chicago, Illinois 60661-3697 of its intent to establish a limited branch facility within its Commercial Loan Center located at 720 North Lapeer Road, Suite 201, Lake Orion, Michigan 48360.
Any person wishing to comment on this application may file his or her comments in writing with the Regional Director of the Federal Deposit Insurance Corporation at its regional office, at the address above, not later than fifteen days following the publication of this notice. The nonconfidential portions of the application are on file in the regional office and are available for public inspection during regular business hours. Photocopies of the non-confidential portion of the application file will be made available upon request.

Established in Oxford, Michigan in 1884, Oxford Bank provides competitive consumer and commercial banking services to local families and small-to-mid-size businesses throughout Oakland, Macomb, Lapeer and Genesee counties.
Oxford Bank is the oldest commercial bank headquartered in Oakland County and has operated continuously under local ownership and management since it’s inception. Currently, the Bank has eight retail banking locations in Clarkston, Davison, Dryden, Goodrich, Lake Orion, Oakland, Ortonville and Oxford, along with consumer loan a center in Oxford and a commercial loan office in Orion Township. New branch officers were constructed and opened during 2005; beginning with Goodrich in January and Davison in July.
In December, the Bank earned a Five-Star ‘Superior? rating for the quarter ending September 30, 2005. It is the 48th consecutive quarter, dating back to 1993, that BauerFinancial Inc. has awarded Oxford Bank with its highest honor. BauerFinancial is the nation’s leading independent bank firm and has been reporting on and analyzing the performance of U.S. banks, thrifts and credit unions since 1984.
The ‘Superior? rating is based on a complex formula that includes, but is not limited to, Oxford Bank’s capital safety levels, the quality of its loan portfolio, its ability to meet obligations, its historic performance and, of course, profitability.
Karen Dorway, president of BauerFinancial, commented, ‘By supporting the economic growth and prosperity of its community, Oxford Bank has proven to be a prime example of community banking at its best.?
Oxford Bank offers a wide range of financial and banking services, including mortgage and construction loans, consumer loans, commercial loans and checking accounts, credit cards, merchant services, personal checking and savings accounts, and on-line banking. The Bank also provides financial services and planning through Raymond James Financial Services, Inc.
To learn more about how Oxford Bank can assist you visit any one of our eight branch locations or call our main office at 248-628-2533. Information on Oxford Bank is also available on-line at www.oxfordbank.com.