Founded in 1884, Oxford Bank is celebrating its 140th year in business. The bank became a publicly traded company in 2016, now boasting $816.666 million in bank deposits and a 36% increase in earnings since 2022. With seven branches and three customer experience centers across Michigan, the bank embraces technologies like interactive teller machines and sophisticated fraud prevention tools.
“Our continual growth can largely be credited to our focus on strategic diversification and expansion, relentless focus on our team and customer experience and the commitment of our dedicated team,” David Lamb, chairman, president and CEO of Oxford Bank, said.
In recent years, Oxford Bank has expanded its offerings, launching Oxford Commercial Finance in 2022 to provide flexible working capital solutions nationwide and rebranding its wealth and advisory services as Oxford Wealth Management to assist clients with asset management. In 2024, the bank introduced a financial literacy program aimed at educating individuals from youth to retirees on making sound financial decisions.
To commemorate its 140th anniversary, Oxford Bank is committing 1,400 volunteer hours to local non-profits in 2024.
“As we celebrate 140 years of ‘Delivering Value for Life’ throughout Michigan, I’m reminded of our rich heritage but acutely mindful that we must always remain forward-facing,” Lamb said. “Our goals remain steadfast on exceptional customer experience, adopting advanced technologies and our enduring commitment to the communities where we operate. We enjoy doing business in Michigan and foresee a bright future for the state, our valued customers and our team.”
The Northeast Oakland Historical Museum and Oxford Bank will present an exhibit showcasing Oxford’s storied past at the bank’s headquarters in Oxford, MI, from June 3 to June 30, later moving to the museum for display throughout 2024.
Events include:
- June 17: Branch celebrations at all Oxford Bank locations with cupcakes and keepsakes
- June 23 (2:00 p.m. – 5:00 p.m.): A community celebration at the headquarters, featuring presentations, refreshments and games.
- June through October 2024: Student tours and time capsule installations as part of the Oxford Bank Money Masters program.
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