Bank News

Ronica Fodor, Compliance Officer Earns National Designation

Milford, MI, June 2014 – Jack Shubitowski, President and CEO of Huron Valley State Bank, is pleased to announce that Ronica Fodor has been awarded the Certified Regulatory Compliance Manager (CRCM) designation from the Institute of Certified Bankers (ICB), a subsidiary of the American Bankers

"We're proud to recognize Ronica's achievement in obtaining this prestigious certification," said Jack Shubitowski, President and CEO. "She has been a vital contributor to Huron Valley State Bank since she joined our team years ago. We are pleased to see her strong commitment to the bank's compliance being recognized with this designation."

Fodor joined Huron Valley State Bank in 2005, right before opening its doors for business. She was recruited from Independent Bank with the purpose of leading the cash services function serving as head teller. With over fifteen (15) years of banking experience, she brings a wealth of knowledge in various aspects of banking including lending, deposits, operations, marketing, and regulatory compliance.

"One of the greatest rewards about working at Huron Valley State Bank is the opportunity to learn about all facets of banking while working with people who truly love coming to work every day," said Fodor. "It was hard work preparing for this exam, and I am delighted that I can be a better compliance resource to the bank."

The CRCM designation is awarded to individuals who demonstrate excellence in the field of bank regulatory compliance. To qualify for the CRCM certification, individuals must have certain levels of experience and education in the compliance profession, pass an exam and agree to abide by a code of ethics. The CRCM exam covers regulatory requirements as they relate to credit, deposits/securities, safety and soundness, information reporting and corporate responsibility.

Financial services professionals, working through the Institute of Certified Bankers, initiated the CRCM designation and eight others in order to establish meaningful standards of knowledge in specialty areas of the financial services industry. ICB certifications formally recognize those who meet these standards and meet professional continuing education and development requirements.

Headquartered in Milford, Huron Valley State Bank offers a full range of checking and savings accounts, certificates of deposit, consumer loans, commercial loans and other financial services. The Milford branch is located at 130 S. Milford Rd. in Milford. Call (248) 684-9626. The Highland branch is located at 2920 E. Highland Rd. in Highland. Call (248) 887-9900.

Awarded June 2014

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