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William P. Richgels joined FirstMerit as Executive Vice President, Chief Credit Officer on May 1, 2007. He came to us from JP Morgan Chase, Chicago IL where he held the position of Senior Vice President and Senior Credit Executive since 2004.
Bill began his banking career in 1981 at Norwest Bank St. Paul where he held the titles of Trust Officer and Commercial Banking Officer. From 1984 to 1987 he was Vice President of Corporate Banking at Continental Illinois National Bank Chicago; from 1987 to 1989, Senior Vice President/Manager of Corporate Banking - Continental Bank of Buffalo Grove; from 1989 to 1990, Manager of Corporate Banking Group at First Midwest Bank; from 1990 to 1992 Executive Vice President/Senior Lending Officer of First National Bank of Elgin; from 1992 to 1996 held positions as First Vice President and Chief Credit Officer of NDB Illinois, NA, Chicago; from 1996 to 2004 Senior Vice President, Bank One/First Chicago NBD Corp. Bill’s experiences and successes in lending include asset-based, commercial and industrial, commercial real estate, floor plan, private banking, distressed debt and mezzanine.
Mr. Richgels received a Juris Doctorate in May of 1978 from William Mitchell College of Law; he received a Bachelor of Arts in Political Science, History in 1973 from College of St. Thomas, and graduated in 1963 from the Officer Candidate School of U.S. Marine Corps. Among others, his community involvement includes Board of Directors - Midwest Associate of Secured Lenders, Board of Directors Elgin YMCA, and Board of Directors - Robert Morris Associates. | 