Company History

Who We Are.

In early 2008, a diverse group of local businesspeople recognized the need for a true community-focused bank serving Ann Arbor and Washtenaw County. Together they seized the opportunity to establish a new financial institution committed to delivering a higher level of personal service to the area’s thriving business and professional communities.

Under the able direction of co-founders William Broucek and Peter Schork, the new bank — Ann Arbor State Bank — applied for and received State of Michigan and FDIC acceptance, and began raising the initial capital required to fund the effort. Concurrently, extensive renovations began at the bank’s 9,400-square-foot downtown Ann Arbor headquarters at 125 W. William  — the former home of Anderson Paint Company.

In January 2009, less than one year after the process began, Ann Arbor State Bank opened its doors with a staff of highly experienced personal bankers and a full complement of products and services — all backed by state-of-the-art technology and dedicated to addressing the unique fiscal challenges and opportunities that exist locally. No national or regional affiliation — just local people looking out for local interests.

As Ann Arbor’s new locally owned and managed bank, we believe that you deserve a one-on-one, personal relationship with a banker who knows you by name and is dedicated to helping you achieve your financial objectives. That’s our team — an elite group of experienced local professionals, focused on Ann Arbor and Washtenaw County, motivated by you and dedicated to our shared vision of what a great banking experience should be.

Message from William Broucek (Co-Founder and Executive Chairman)

At Ann Arbor State Bank, we believe that the best banking relationships are built on trust, founded on tradition, and dedicated to a higher level of personal service. We remember when business was conducted with a handshake and strive to deliver that same philosophy of trust and integrity today. But we go even further. By listening to your needs, we have created a portfolio of traditional and not-so-traditional financial solutions — supported by powerful technology and backed by the personal focus that we both agree is our most valued asset.

Because we are locally owned and managed, we are also uniquely qualified and committed to serving the financial needs of our local business and professional communities. As your financial partner, we are invested — and have a vested interest — in your success.

We’re Ann Arbor State Bank. Your personal bank. Come talk to us. We’re ready to earn your business.

— William Broucek


The Keys to a Better Banking Experience.

What makes for a superior banking experience? That’s what we asked local businesses and professionals. We listened and have created a locally-owned, community-focused financial institution that puts YOU first with:

A higher level of personal service:

At Ann Arbor State Bank, our bankers are relationship-focused, dedicated to understanding your needs and objectives, and possess individual authority to make financial decisions.

Experienced local professionals:

At Ann Arbor State Bank, our bankers are proud to share the same high level of expertise in their profession as you would expect from your doctor or lawyer.

Sound banking principles:

At Ann Arbor State Bank, we are proud to follow tried and true, proven banking principles that put you and your unique financial needs first.

The latest state-of-the-art technology:

At Ann Arbor State Bank, we give you the tools and support you need — including advanced, user-friendly, secure systems — to facilitate every transaction, in person or online.

Local ownership and commitment to the community:

At Ann Arbor State Bank, every member of our organization — from our Board of Directors to our personal bankers —lives and works right here. We see the bigger picture and can act quickly as opportunities present themselves.