Chelsea State Bank Announces Executive Promotions

Chelsea, Mich., April 23, 2018 – The Board of Directors of Chelsea State Bank recently announced the promotions of Mary Lee Penney to Executive Vice President, Mark Burmis to Senior Vice President, Annette Houle to Vice President and Nancy Weir to Assistant Vice President. Penney was also elected to the Board of Directors of CSB Bancorp and Chelsea State Bank.

“I am very pleased to announce these promotions,” stated Chelsea State Bank President David Schaible. “We are fortunate to have these leaders in our Bank to drive excellent customer service with our commercial and personal loans and deposits as well as overall operations. As the local community bank, our focus is taking care of individuals, families and businesses in our communities, and this team excels in this area.”

Mary Lee Penny

Mary Lee Penney

Penney was elected to the Board of Directors of CSB Bancorp and appointed to Executive Vice President. She was promoted to Senior Vice President and Commercial Lending Manager in 2012. Penney has 35 years of commercial banking experience. She joined Chelsea State Bank as a Vice President of Commercial Lending in 2002. Prior to being hired by Chelsea State Bank, Penney worked at National City Corp., (now PNC), and National Bank of Detroit (now Chase).

Penney is a Rotarian and on the Board for Chelsea Rotary Club as Treasurer. She is a past officer with the Michigan Bankers Association.

Earning her Bachelor of Business Administration Degree from Western Michigan University, Penney also has her Master of Science Degree in Finance from Walsh College. She and her husband Brian reside in Pinckney.

Mark Burmis

Mark Burmis

Burmis was appointed Senior Vice President. He joined Chelsea State Bank in 2010 as Vice President, where he manages the residential and consumer lending portfolio for the Bank. Burmis has over 26 years in the banking industry and gained his lending experience as he moved through the ranks at two community banks. Sixteen of those years were at another local community bank where he was Vice President of Lending.

Burmis received his Bachelor of Arts in Business Administration from Olivet College, and is also a graduate of the Robert M. Perry School of Banking and Lending. Burmis is a former Board member of the Chelsea Area Chamber of Commerce. He resides in Jerome with his family.

Annette Houle

Annette Houle
Houle is promoted to Vice President. She began her career with Chelsea State Bank in 1977 in the Bookkeeping Department. With over 40 years of banking experience at Chelsea State Bank, Houle has progressed through the retail operations of the Bank to her most recent position of Branch Administrator and Bank Security Act (BSA) Officer. Houle sits on the Chelsea Area Chamber of Commerce Board of Directors.

Nancy Weir

Weir is promoted to Assistant Vice President. She began her career with Chelsea State Bank in the Loan Accounting Department in 1987, progressing through the Accounting and Operations Department over the last 30 years. Weir’s most current position is Supervisor of this area.  Weir received her Bachelor of Science degree in English from Central Michigan University.  She has been involved with Chelsea State Bank’s clerking of the Chelsea Community Fair Livestock Auction, progressing to managing the process from 2010 to the present.  She is a lifelong Chelsea resident.

Nancy Weir

About Chelsea State Bank

Chelsea State Bank is a full service financial institution with offices in Chelsea and Dexter. The Bank was formed over 100 years ago by local business leaders to provide timely financial solutions to individuals, families and businesses in the community. This tradition of community service continues today.  For more information, please call 734.475.1355 or visit  Member FDIC.

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