– USA, CA – First Northern Bank and First Northern Community Bancorp (OTCQB:FNRN) have announced the appointment of Mark C. Schulze to both the Bank and Bancorp’s Boards of Directors effective March 1, 2017. He will also serve on First Northern Bank’s Audit Committee and Information Services Steering Committee. Mr. Schulze fills the Board seat left vacant by David Schulze, who retired on January 30, 2017 at First Northern’s mandatory director retirement age. David Schulze served on the Company’s Board for over 38 years.
Mark Schulze is a shareholder of First Northern Community Bancorp, and is a co-founder of the Clover Network, Inc. Clover is a point-of-sale payment platform and is now a subsidiary of First Data Corporation, a global leader in commerce-enabling technology and solutions. Mr. Schulze has been active in technology and financial services-related companies for over 20 years. He is also an active investor and limited partner in a number of technology funds and serves as an advisor to companies within Orange’s technology incubator (France Telecom), as well as to companies within the 500 Startups portfolio.
Mr. Schulze graduated from Bowdoin College in Brunswick, ME with a Bachelor of Arts in Government, and did graduate work at Johns Hopkins University in Baltimore, MD. His experience with both private and public companies has provided him with extensive knowledge in the payment space, as well as with marketing and management. Mr. Schulze is a resident of San Francisco.
The other 10 members of the Bank’s Board of Directors include: Lori J. Aldrete of Davis (Chairwoman), Foy McNaughton of Fairfield (Vice Chairman), Frank J. Andrews, Jr. of Fairfield, Patrick R. Brady of Roseville, John M. Carbahal of Winters, Gregory DuPratt of Dixon, Barbara A. Hayes of Sacramento, Richard M. Martinez of Woodland, Sean P. Quinn of Fairfield, and Louise A. Walker of Dixon.
About First Northern Bank
As the Sacramento Region’s local leader in small business lending and customer satisfaction, First Northern specializes in relationship banking. Experts are available in small business, commercial, real estate and agribusiness lending, as well as mortgage loans. The Bank is an SBA Preferred Lender. Non-FDIC insured Investment and Brokerage Services are available at every branch location, including Auburn, Davis, Dixon, Fairfield, Roseville, Sacramento, Vacaville, West Sacramento, Winters, and Woodland. The Bank has a full-service Trust Department in Sacramento and a commercial lending office in Walnut Creek. Mortgage loan officers and commercial loan officers are available by appointment in any of the Bank’s 10 branches. The Bank is rated as a “Superior” 5-Star Bank by BauerFinancial Inc.
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