Talmer Bancorp Inc., Troy, Mich., hired Michael Maher as executive managing director and chief financial officer of mortgage banking. Among his responsibilities is the integration of the mortgage businesses of Talmer Bank and First Place Bank, which was acquired at the start of the year.
Previously Maher worked at crosstown rival Flagstar Bancorp, where he was executive vice president of mortgage banking servicing and operations. He directed that company’s mortgage loan origination processing units and servicing operations. He also worked at CitiMortgage, ABN Amro Mortgage, LaSalle Bank and Standard Federal Bank.
Talmer Bank chairman, president, and CEO David Provost said Maher’s “exceptional finance and operations expertise in mortgage banking will help Talmer enhance this strategically important business line by improving our financial operations and controls, upgrading our technology platform, and ensuring compliance in the increasingly complex regulatory environment."
Talmer is one of several banks that Wilbur Ross, who formerly owned Homeward Residential Holdings, has invested in.