TOMMY GASSO

Mike Ritchie Executive Vice President, Head of National and Specialty Businesses Comerica Bank

Ritchie oversees Comerica’s national divisions in business deposit services, captive insurance, commercial real estate, national dealer services, environmental services, equity funds services, energy, international, mortgage banker nance, renewables, technology and U.S. banking.

He was promoted to head of Comerica’s national and specialty businesses in August after a role as Michigan Market president for the previous nine years. In his new position, Ritchie leads approximately 300 colleagues who collectively manage approximately $60 billion in commitment and loans as of December.

“His extensive knowledge and acumen not only bene t our existing customers but also play a crucial role in growing our portfolio across many of our national and specialty lines of business,” said Peter Sefzik, senior executive vice president and chief banking o cer for Comerica Bank.

Further, Ritchie actively serves as chair of the Detroit Public Safety Foundation board of directors and as a member of Business Leaders for Michigan, Downtown Detroit Partnership, and Sacred Heart Major Seminary boards.

Je rey Terrill

Senior Vice President, Group Manager, Commercial Banking Flagstar Bank

Terrill has been a key gure in executing Flagstar’s national growth strategy and expanding its wholesale banking footprint.

A brigadier general in the U.S. Army, he holds a degree from the Army War College. He has used his experience to build business in such specialty industries as eld artillery and defense.

He focuses on specialized and growing categories, such as lender nance, corporate banking, environmental services and renewable power. And he doubled the size of his team while booking nearly $1 billion in new loan commitments in 2022. His team also produced more than $400 million in new loans in that period.

“Je represents the best leadership qualities that we value at Flagstar. He’s humble, decisive, collaborative, and goes about his job with high energy, professionalism and integrity,” said Tom Kuslits, executive vice president and chief lending o cer of commercial banking at Flagstar Bank.

Terrill is the nance committee chair for the Metropolitan Detroit YMCA and a graduate of Leadership Detroit.

Sean Silver

Senior Vice President; Market Executive – Michigan Bank of America

Silver leads the Bank of America’s Michigan Market, which has o ces in Metro Detroit and Grand Rapids, and manages 14 relationship bankers.

Over the past ve years, Silver doubled the size of Bank of America-Michigan’s relationship team and helped it consistently be one of the top growth markets within the bank. He formed a dedicated Detroit-based AutoTech team that helps startups raise capital and global EV suppliers localize production in the U.S.

“Sean shares the intellectual capital, thought leadership and vast resources to our clients with a worldclass experience,” said Merrill Lynch Managing Director Phil Serra. Silver serves on the boards of MICHauto, the Automotive Hall of Fame and Inforum Michigan, is a member of the advisory board of the Detroit Chapter of the CFO Leadership Council and is a trustee and treasurer of Starr Commonwealth, which provides children, families and communities trauma-informed education and programs.

Top FDIC-Insured banks in Michigan

The Top 11 FDIC-insured banks in Michigan, by market share, as of June 30, 2022. Last year, Michigan had 103 FDIC-insured banking institutions with more than $313 billion in deposits.

SOURCE: FDIC