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Independent Bank Corporation Mourns Passing of Past Chairman Michael M. Magee, Jr.
ByAinvest
Friday, Aug 15, 2025 1:03 pm ET1min read
Independent Bank Corporation has expressed its deepest sympathy on the passing of past Chairman of the Board of Directors Michael M. Magee, Jr. Magee served the bank for 38 years, holding various positions including CEO and Chairman of the Board. He will be deeply missed for his leadership, resilience, wisdom, passion, thoughtfulness, genuine friendship, and great humor.
Independent Bank Corporation (NASDAQ: IBCP) has expressed its deepest sympathy following the passing of Michael M. Magee, Jr., a long-serving executive and past Chairman of the Board of Directors. Magee served the bank for 38 years, holding various positions including CEO from 2005 to 2013 and Chairman from 2013 to 2024 [1][2].The bank, with total assets of approximately $5.4 billion, operates nearly 60 locations across Michigan's Lower Peninsula through its subsidiary Independent Bank. The subsidiary provides a full range of financial services, including commercial banking, mortgage lending, investments, and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders, and the communities it serves [1][2].
Michael Magee's contributions to Independent Bank Corporation were significant. He was known for his strong leadership, resilience, wisdom, passion, thoughtfulness, genuine friendship, and great humor. His passing has left a profound impact on the bank and its community. Brad Kessel, President and CEO of Independent Bank, stated, "The entire Independent Bank community is deeply saddened by Mike’s passing. He will be deeply missed" [1][2].
For more information, please visit the Independent Bank website at IndependentBank.com. Member FDIC. Equal Housing Lender. Contact: Lane Solomon, 616.447.3942, LSolomon@ibcp.com [1][2].
References:
[1] https://www.stocktitan.net/news/IBCP/independent-bank-corporation-expresses-deepest-sympathy-on-the-vjmyvqzwfztg.html
[2] https://www.globenewswire.com/news-release/2025/08/15/3134419/36248/en/Independent-Bank-Corporation-Expresses-Deepest-Sympathy-on-the-Passing-of-Past-Chairman-of-the-Board-of-Directors-Michael-M-Magee-Jr.html
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