Michigan Bank Enters Mortgage Sector

Joseph C. Shalla has joined Clarkston State Bank, Clarkston, Mich., in the newly created post of senior mortgage banker, marking the bank's entry into the mortgage sector.Mr. Shalla, 56, was most recently the lending manager at New Century Bank, where he was responsible for all aspects of the mortgage department, Clarkston said. Before that, he held similar responsibilities at Lakeside Community Bank. "Our entry into the mortgage sector is a key step in our strategic plan and aimed at both generating additional fee income and expanding our product portfolio to better serve our customers," said Dawn M. Horner, president and chief executive officer of Clarkston.

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