Oxford, Mich.-based Oxford Bank CFO Jesse Deering stepped down from his position. Deering was expected to temporarily remain with the company as he transitioned his responsibilities to incoming EVP & CFO Nathan Reason.
Reason is expected to also be the treasurer of Oxford Bank Corp. He has 20 years of banking experience, the last eight of which have been in senior finance positions at Flagstar Bank. A CPA, Reason has a Bachelor of Science degree in accounting and an MBA from the University of Mississippi, Oxford.
“We’re grateful for the contributions that Jesse made in his service as CFO, and we wish him well in his future pursuits,” said Oxford Chair, President and CEO David Lamb. “I appreciate Jesse’s ability to think forward and his deep knowledge of bank financial risks which served us well as the company continued to produce strong returns.”