Rich Spencer joined Bank of Ann Arbor, the parent company of UniFi Equipment Finance, as senior vice president and chief information and innovation officer.

Spencer comes to Bank of Ann Arbor with an extensive background in operations and information technology. With nearly 15 years of experience, he most recently served as the chief innovation and information officer at another banking institution, where he was responsible for IT transformation, enterprise risk management, vendor management, cybersecurity prevention, and strategic planning.

“I am honored to be joining such a successful and high performing institution. The incredible people and
engaging culture helped solidify my decision to make this move” said Spencer. “I look forward to working alongside the knowledgeable and tenured staff at Bank of Ann Arbor to create and emphasize
technology initiatives that will transform the way we work and the way our customers bank.”

Spencer is committed to his community, serving as a member of the Monroe Rotary Club, Monroe County Chamber of Commerce, and numerous technology related banking groups.

“Welcoming Rich to the team is an excellent way to round out 2019,” said Tim Marshall, president and CEO of Bank of Ann Arbor. “Rich has displayed a strategic and collaborative leadership approach that
can help us innovate our technology, products, operations, and customer outreach. Currently, cybersecurity is also of the utmost importance and he has proven his expertise in this field as well.”

Bank of Ann Arbor is a locally owned and operated bank with total assets and assets under management of over $3.2 billion, serving people and businesses in Southeast Michigan. UniFi Equipment Finance, a wholly owned subsidiary of the bank and headquartered in Ann Arbor, is a well-established company with a national presence in the small ticket vendor space.