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Chemical Bank Appoints New Director of Asset Based Lending

June 01, 2018, 07:13 AM

Dan Terpsma, Director of Commercial and Regional Banking at Chemical Bank, announced the hiring of Ray Temple, Director of Asset Based Lending, Senior Vice President.

“I am very excited to bring Ray Temple on as the newest member of the Chemical Bank lending team,” stated Terpsma. “His extensive experience in commercial finance and underwriting will prove to be an invaluable asset to the organization as he continues to grow our expanding Asset Based Lending team. Ray will be instrumental in the success of our organization.”

In his role as Director of Asset Based Lending, Temple will be responsible for collaborating with internal and external partners to originate and structure asset-based loans that provide significant value to customers. In addition, Temple will be responsible for identifying referral opportunities and carrying out the department’s strategic business plans. Temple will also oversee the management of the ABL team’s sales and service efforts and ensure the Bank’s compliance with regulatory requirements and Bank policies and procedures.

Temple comes to Chemical Bank with over 21 years of experience in asset-based lending originations, commercial finance underwriting and investment analysis. He has vast experience tailoring strategic solutions for middle market companies throughout the Midwest. Temple earned his Bachelor of Arts in Accounting from the Eli Broad College of Business at Michigan State University, and he received his Certified Public Accountant license in 2001.

Chemical Financial Corporation is the largest banking company headquartered in Michigan. The Corporation operates through its subsidiary bank, Chemical Bank, with 212 banking offices located primarily in Michigan, northeast Ohio and northern Indiana. At March 31, 2018, the Corporation had total assets of $19.76 billion. 

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