First National Bank Corp,the newly formed parent of First National Bank in Mount
Clemens, Mich., and Bankers Fund Life Insurance Co, said it
reached an agreement to buy a branch in Clinton Township from a
nonrelated financial institution.
    It said the acquisition brings to 10 the number of bank
branches in Macomb County. Terms were not disclosed.
    Separately, the newly formed holding company also said it
named Arie Guldemond as chairman and Harold Allmacher as
president and chief executive officer.
 Reuter
