Calumet Bank Names Mike Phillips As New Chief Strategy Officer

Calumet Bank is proud to announce that Mike Phillips has joined its leadership team in the role of Chief Strategy Officer. In this newly created position, Mike will work with Calumet’s management team to accelerate the design and execution of the bank’s strategic growth and efficiency goals. Through this position, he will also offer direct support to the finance, accounting, human resources and risk management teams.

“I am honored to have this opportunity to be a part of the team at Calumet Bank, with its foundation of personalized, relationship-based service,” Mike said. “Calumet Bank is known for going above and beyond. It values relationships over simple transactions. This hands-on approach is what sets us apart: We customize and adapt our services to what our customer needs,” he added.

Mike brings deep expertise in community banking and the financial service industry as a whole. Prior to this, he served as Director of Corporate Services at State Bank and Trust in Atlanta. During his 30-plus year career, he has also held senior leadership positions at TalentQuest and Flag Bank in the Georgia region.

He earned his Bachelor of Science (BS) degree in business administration and computer science from Troy University, Troy, AL, and his masters of business administration (MBA) from Fairfield University, Fairfield, CT. Mike is a graduate of the University of Wisconsin’s School for Bank Administration in Madison and is a graduate of the Louisiana State University Graduate School of Banking in Baton Rouge. Mike also serves as an instructor for the Center for Financial Training, Norwich, CT.

Mike maintains multiple advanced professional certifications including Certified Management Accountant (CMA), Certified Financial Manager (CFM), Certified Risk Professional (CRP), Certified Internal Controls Auditor (CICA), and Certified Treasury Professional (CTP). He is an active member of such professional industry associations as the Institute of Management Accountants (IMA), the Bank Administration Institute (BAI), the Association for Financial Professionals (AFP), and the Information Systems Audit and Control Association (ISACA).

Locally, Mike is a member of the LaGrange/Troup County Leadership Troup Class of 2016-2017 and says he looks forward to serving the community both personally and professionally.  A native of Andalusia and long-term resident of Troy, Alabama, he and his wife of 30 years, Teresa, are excited to call LaGrange home. They worked in the city in the mid-90s at Flag Bank and are amazed at its growth since. “Troup County was impressive then but we can’t believe how it has progressed while still maintaining its spirit of community,” Mike said.

Recent News at Calumet

Recent News

Casey Smith Named Chairman of the Board for LaGrange-Troup County Chamber of Commerce

Casey Smith, Executive Vice President and Chief Operating Officer, now serves on the Board of the LaGrange-Troup County Chamber of Commerce as Chairman. Casey has been involved with the Chamber since 2007 and has served in various roles since then.

Calumet Bank Names Tracy Van Norman as Senior Vice President

Calumet Bank is proud to announce the election of Tracy Van Norman to the position of Senior Vice President. Van Norman joined the Bank in 2017, and will now assume greater responsibility in areas of Commercial Lending in the Columbus market.

Calumet 10th Birthday!

On January 23, 2008, we opened our doors to the public for the very first time. While our name has changed since that day, the spirit of who we are has not. It has always been about our community, customers, friends and colleagues.

FDIC Insurance Coverage Over $250K – All in One Place

With Calumet Bank and the Insured Cash Sweep® (ICS) service, you can earn interest on private funds placed into money market deposit accounts and have a peace of mind knowing that your ICS funds are eligible for multi-million-dollar FDIC insurance.

Equifax Data Breach: What To Do

According to the FTC, if you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies.