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Huron Community Bank
Huron Community Bank first opened its doors in 1927 under the name Peoples State Bank. The banks first location and legacy began on the corner of Newman and State Street in East Tawas, MI. That branch was located directly across the street from what is currently known as the banks’ headquarters.
Mr. W.H. Wallace was the first President of the bank, L.G. McKay Sr. was Vice President and Grant N. Shattuck was Cashier. Esther Look was the next person hired but not until 1930. She continued to work for the bank for the next 45 years. As a result of its careful and astute management policies, the bank was one of the few financial institutions in Michigan allowed to reopen immediately following the banking holiday of 1933.
Huron Community Bank continues to maintain a strong capital ratio. Its solid financial performance keeps the bank well positioned for the future.
Huron Community Financial Services, Inc. has an Automatic Dividend Reinvestment Plan available for its shareholders. The Plan is administered by the Company and allows participating shareholders to automatically reinvest their cash dividends into shares of the Company’s common stock.