Citizens Republic Announces Appointment of McNeely as Chief Financial Officer

FLINT, Mich., Aug. 4 /PRNewswire-FirstCall/ -- Citizens Republic Bancorp (Nasdaq: CRBC) announced today that Lisa T. McNeely has been appointed Executive Vice President and Chief Financial Officer.  McNeely was appointed interim EVP and CFO in June 2010.  

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"We are pleased to name Lisa as our CFO," said Cathleen Nash, president and chief executive officer for Citizens Republic Bancorp.  "Lisa has been a key member of our senior management team and has played an integral role in developing and executing the bank's strategies.  We are confident in her ability to continue to provide valued leadership in her expanded position," added Ms. Nash.

Ms. McNeely has 28 years of experience in the banking industry.  She joined Citizens in February 2003, serving in a variety of capacities in its financial and accounting departments, and was appointed Senior Vice President and Director of Financial Management and Credit Analytics in November 2008.  Prior to joining Citizens, she served from October 1999 to February 2003 as Chief Financial Officer for Education One Group, a Sallie Mae subsidiary and the exclusive marketing and origination representative for Bank One Corporation's education loans.  Ms. McNeely worked at Bank One Corporation for 15 years in various capacities in its accounting and finance departments, most recently as Senior Vice President and Finance Director of its Consumer Lending Division, and at Capital Bank, NA in Houston, Texas for six years in its accounting department.

Corporate Profile

Citizens Republic Bancorp, Inc. is a diversified financial services company providing a wide range of commercial, consumer, mortgage banking, trust and financial planning services to a broad client base.  Citizens serves communities in Michigan, Ohio, Wisconsin and Indiana with 218 offices and 255 ATMs.  Citizens is the largest bank holding company headquartered in Michigan with roots dating back to 1871 and is the 49th largest bank holding company headquartered in the United States.  More information about Citizens is available at www.citizensbanking.com.  

SOURCE Citizens Republic Bancorp, Inc.

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