ANN ARBOR – Bank of Ann Arbor has promoted Satish Jasti to Senior Vice President and Senior Loan Officer.

Satish joined BOAA in December 2010 as Vice President and Senior Loan Officer of the Plymouth office. As part of an expanding commercial banking group in the Plymouth office, he has been instrumental in helping grow the Plymouth loan portfolio with his successful selling efforts throughout the local community, the communities surrounding Plymouth, as well as the greater tri-county area consisting of Wayne, Oakland, and Macomb counties.

?We value the extraordinary effort and great success that Satish has enjoyed since his time with Bank of Ann Arbor?, commented Tim Marshall, President and CEO. ?We have enjoyed five consecutive years of record-level performance and we value his many contributions to our success. His team orientation, leadership, and generous service to the communities we serve warrants this new position.?

Previous to Bank of Ann Arbor, he was the founder, President, and CEO of a de novo community bank in Novi. There, he was able to successfully conceptualize, create, and raise $14 million in capital at the inception of the project and help open the new bank.

Currently, Satish is serving on the Advisory Board of Lawrence Technological University?s College of Management in addition to being a sustaining member of the Detroit Economic Club.