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VAN LOAN NAMED INDEPENDENT BANK CORPORATION DIRECTOR

 VAN LOAN NAMED INDEPENDENT BANK CORPORATION DIRECTOR
 IONIA, Mich., Sept. 15 /PRNewswire/ -- Charles C. Van Loan,


president and chief operating officer of Independent Bank Corporation (NASDAQ-NMS: IBCP), has been named to fill a vacancy on the Ionia-based bank holding company's board of directors.
 Earlier this year, the company's board of directors announced that Van Loan would succeed Loren C. Adgate, the company's chief executive officer, who is scheduled to retire in April 1993. He was named president and chief operating officer of the company in April.
 Independent Bank Corporation, with total assets of more than $375 million, has three subsidiaries: Independent Bank, Ionia; Independent Bank West Michigan, Rockford; and Independent Bank South Michigan, Leslie. The three banks operate 26 offices in 23 communities across central and western Michigan.
 The company's common stock is traded in the over-the-counter market and quoted on the NASDAQ National Market System under the symbol IBCP.
 -0- 9/15/92
 /CONTACT: Loren C. Adgate of Independent Bank, 616-527-9450/
 (IBCP) CO: Independent Bank Corporation ST: Michigan IN: FIN SU: PER


SB -- DE021 -- 9718 09/15/92 14:51 EDT
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Publication:PR Newswire
Date:Sep 15, 1992
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