In News

Contact:  Bill Walker
Legacy Trust, 616.454.2852
Erin Nemastil
Sabo Public Relations, 616.633.0642

Terri Land Joins the Legacy Trust Board of Directors
Grand Rapids, Michigan, March 12, 2015 – West Michigan business leader Terri Land has joined the board of directors for Legacy Trust and the Legacy Trust Holding Company.

Land brings more than two decades of leadership, management and public service expertise to her new role with Legacy Trust, an independent, locally owned trust bank focused on wealth management.  She joins an 11-member board of business leaders and executives within the greater Grand Rapids area.

“We are very pleased to welcome Terri to our board,” said William Walker, CEO of Legacy Trust.  “She has strong roots in West Michigan and solid connections throughout the state.  A committed public servant and business leader, Terri brings tremendous expertise and insight to her new role with us.

“As we look to continue Legacy’s growth, Terri will be able to provide the direction and leadership we need to expand our successes.”

Steve Heacock, chairman of the Legacy Trust board, stated: “We are very pleased to welcome Terri to our board.  As we look to continue Legacy’s growth, Terri will be able to provide direction and leadership to help Legacy Trust expand our successes.”

Land served two consecutive terms as Michigan’s 41st Secretary of State from 2003 to 2010.  During her tenure, which included some of the most turbulent financial times in the state’s recent history, Land was able to improve services to Michigan residents while simultaneously reducing her workforce without the need for layoffs. She spearheaded a reorganization of the department, securing cooperation from unions for reductions.

Other accomplishments during Land’s two terms included expanding online service options, revolutionizing the branch structure to create shorter lines for customers and implementing more secure and accurate election equipment across the state.  Known for her hands-on, walking-around style of management, Land was a frequent visitor at each of the 138 Secretary of States offices across Michigan, meeting with staff and the community to ensure great customer service.

Prior to serving as Secretary of State, Land served as Kent County Clerk from 1992 to 2000.  In 2011, Land and her son, Nicholas, launched Green Light Management, a property management company focused on West Michigan.  The pair has renovated older houses, duplexes and small apartment complexes, bringing new life to properties in the greater Grand Rapids and Wyoming area.

“Having grown up in a family business, I was intrigued by Legacy Trust and its commitment to this important sector of our economy,” Land said.  “Family businesses not only provide jobs, they reinvest in the communities and give back philanthropically.  Through its growing Family Office division, Legacy Trust is focused on ensuring family businesses continue to thrive in West Michigan.

“I am delighted to join the board of Legacy Trust and look forward to working with the board, Bill and his team.”

Active in the community, Land currently serves on the boards of Gift of Life of Michigan, Michigan Protection and Advocacy Services, Inc. and Broadway Grand Rapids.  She is a member of the International Women’s Forum and a former commissioner on the Gerald R. Ford International Airport Board.

Land holds a bachelor of arts in political science from Hope College in Holland. She was presented with an honorary doctor of public service by Central Michigan University in 2007, and in 2009 Davenport University presented her with an honorary doctor of laws.

A native of Grandville, Land lives with her husband, Dan Hibma, in Byron Center.

About Legacy Trust
Legacy Trust is an independent, locally owned, Michigan-chartered bank that specializes in providing investment and wealth management services to individuals, families, foundations and nonprofits in West Michigan.  Legacy Trust delivers highly customized financial and investment solutions tailored to meet the unique situation of each client.  For more information, visit us at

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Legacy Trust and Your Right to Financial Privacy

At Legacy Trust we have established policies and practices that respect the financial privacy of all individuals who use our trust company. We believe it is critical to comply with the laws and regulations designed to secure your financial privacy. Your relationship with us as our client is very important to us, and we want you to understand our policies and practices about handling your information.

This Policy applies to you – This Policy applies to our relationships with individual clients who inquire about or obtain products or services from us for personal, family and household purposes.

Strict security measures – We take the security of information very seriously. We have established security standards and procedures to prevent access to client information. We maintain physical, electronic and procedural safeguards to guard client information.

Limited employee access – We have established procedures to limit employee access to information to only those employees with a business reason for accessing such information. We educate our employees about the importance of confidentiality and client privacy. We take appropriate disciplinary measures to enforce employee responsibilities regarding client information.

Why we collect information – We collect information about you to:

  • accurately identify you;
  • protect and administer your records, accounts and funds;
  • help us design or improve our products and services;
  • understand your financial needs;
  • save you time when you apply for new products and services; offer you quality products and services; and comply with certain laws and regulations;

We collect information – We collect and maintain your personal information so that we can provide investment management and other services to you. The types and categories of information that we collect and maintain about you include:

  • Information we receive from you to open an account or provide investment advice or other services to you (such as your home address, social security number, telephone, financial information and investment objectives).
  • Information that we generate to service your account or from our transactions with you (such as account statements and other financial information).
  • Information on your transactions with nonaffiliated third parties.

We have established procedures so that the financial information we collect is accurate, current and complete. We are committed to work with you to promptly correct any inaccurate information.

Our selective sharing of information – In order for us to provide investment management and other services to you, we do disclose your personal information in very limited instances, which include:

  • Disclosures to nonaffiliated companies as permitted by law, including those who help us service your account (such as providing account information to brokers and custodians).
  • Other limited disclosures as permitted by law, for example, required reports to government entities.

We do not share your information with third parties for marketing purposes. We do not sell your information.

Former clients – If you end your relationship with us, we will continue to adhere to the privacy policies and practices described in this notice.


Important Information About Procedures For Opening A New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

We apologize for any inconvenience this may cause; however, federal law prohibits us from waiving these requirements.

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