flagstar bancorp inc (FBC:New York)

Executive Profile*

Background*

Mr. Michael J. Tierney, Mike, has been an Executive Vice President of Personal Financial Services at Flagstar Bank, FSB since May 17, 2013. Mr. Tierney served as the Chief Executive Officer of Flagstar Bank, FSB from November 1, 2012 to May 17, 2013. Mr. Tierney served as the Chief Executive Officer of Flagstar BanCorp. Inc. from October 01, 2012 to May 17, 2013. Mr. Tierney served as Managing Director of Personal Financial Services and Executive Vice President at Flagstar ... BanCorp. Inc. from February 2011 to October 2012. He served as the President of Flagstar Bank, FSB since October 1, 2012. Mr. Tierney served as Managing Director of Retail Banking and Market President for the Midwest region for Flagstar Bank FSB at Flagstar BanCorp. Inc. since February 2011. Mr. Tierney oversaw the Retail Banking division and also served as the Market President for the Midwest region and was responsible for leading and cultivating Flagstar's presence in its existing footprint. He is a well-seasoned commercial banker with an unparalleled knowledge of the Michigan market, as well as the entire Midwest. Mr. Tierney is an established commercial banker in Michigan, and throughout the Midwest, and has over 33 years of experience in retail, consumer and commercial banking in Michigan and throughout the Midwes. He served as President and Chief Executive Officer of the Bluewater Bank Group. He served as Senior Vice President of Peoples State Bank. He served as Senior Vice President, Personal Financial Services of Comerica Bank, where he oversaw 256 Michigan branches and was responsible for over $13.5 billion in small business and retail deposits. Mr. Tierney served as the Chief Executive Officer and President of PSB Group Inc. from January 1, 2007 to March 16, 2010. Mr. Tierney served as Chief Executive Officer and President of Peoples State Bank, a subsidiary of PSB Group Inc. from July 5, 2006 to March 16, 2010. He served as Senior Vice President and Managing Director for Midwest Business Banking at Chase. Mr. Tierney served at J P Morgan Chase as the Managing Director of Business Banking in the Midwest Region. Mr. Tierney began his distinguished career at Comerica Bank. Mr. Tierney spent 28 years at Comerica Incorporated where he held executive positions in retail banking, corporate banking, private banking and product management. Mr. Tierney's civic involvement includes Chairman of the Central Michigan University Development Board and served as President Elect - Central Michigan University National Alumni Association and United Way coordinator. He has been a Director at Flagstar BanCorp. Inc. and Flagstar Bank, FSB since November 1, 2012. Mr. Tierney served as a Director of PSB Group, Inc., and Peoples State Bank from June 26, 2006 to March 16, 2010 and served as Children's Discovery Museum Board Member. Mr. Tierney served on the Board of the Michigan Bankers Association, the Board of the Consumer Bankers Association. He served as Chairman of the Central Michigan University Development Board. He is an involved Member of the Michigan community and serves on a number of local civic organizations. He has a B Sc in Finance from Central Michigan University and an MBA from the University of Detroit.

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