Nathan Reason
OXFORD, Mich., — Oxford Bank Corporation, the holding company for Oxford Bank, has announced Executive Vice President and Chief Financial Officer, Jesse A. Deering, has stepped down. Deering will remain with the Company for a short time to transition his duties to incoming EVP & CFO Nathan A. Reason, who will also replace Deering as treasurer of Oxford Bank Corporation.
“We’re grateful for the contributions that Jesse has made in his service as CFO, and we wish him well in his future pursuits” Oxford’s Chairman, President and CEO, David Lamb, said in the statement. “I appreciate Jesse’s ability to think forward and his deep knowledge of bank financial risks which served us well as the Company continued to produce strong returns. Our Board and leadership are committed to maintaining the momentum of our strategic plans and our entire team is focused on our goal to be a top performing community bank in all ways.”
Reason succeeds Deering who has stepped down to pursue opportunities outside the organization. Reason will report to Chief Executive Officer David Lamb and office in the Bank’s Auburn Hills office.
“I am pleased to announce the appointment of Nathan A. Reason as Chief Financial Officer of both the Bank and Treasurer of the Company,” said Lamb, “Nate brings roughly 20 years of banking experience to this position and a wealth of knowledge from his previous roles within various sized banks which will serve the Company well as we continue to grow and evolve.”
Reason served in numerous senior finance roles for Flagstar Bank for the past eight years, most recently as Senior Vice President – Director of Funding & Liquidity. Prior to 2016, he was the Chief Financial Officer at Huron Community Bank for two years. He earned a Bachelor of Science in accounting and an MBA from the University of Mississippi and is a licensed CPA.