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Legacy Trust, the largest private trust bank headquartered in Grand Rapids, is pleased to announce the appointment of Michelle Van Dyke to its Board of Directors. Van Dyke is widely recognized throughout the area for her business instincts, banking experience and civic leadership.

Since 2016, Van Dyke has served as the president and CEO of Heart of West Michigan United Way in Grand Rapids. Under her leadership, the organization invested more than $17 million in the community in 2022-23, supporting 568 nonprofit agencies and more than 63,000 people in Kent County.

Prior to joining United Way, Van Dyke served as president of Fifth Third Mortgage Company. It was one of several senior-level positions she held during a stellar 30-year career with the bank. She joined Fifth Third in 2001 through the acquisition of Old Kent Bank, and over the next 15 years assumed a number of leadership roles including, president and CEO of the Western Michigan affiliate, regional president for each of Fifth Third Bank’s Michigan affiliates and was also responsible for leading the affiliates in St. Louis and Ohio in 2011. While at Old Kent, Van Dyke served as senior vice president and manager of the Central U.S. Mortgage region. She was named president of Old Kent Bank, Illinois, in 2000.

“Michelle has been a visionary business and civic leader in Grand Rapids for decades, and the entire community has benefited from her efforts,” said Tracey Hornbeck, president and CEO of Legacy Trust. “Her C-suite experience in the banking industry is second to none. She brings a blend of financial insight and civic commitment to every room she enters. We are thrilled to add her to our Board.”

After concluding her career with Fifth Third Bank, Van Dyke was appointed to serve on the Fifth Third West Michigan Advisory Board of Directors, a role she fulfilled for eight years. She added to her community involvement late last year when she accepted an appointment to the Steering Committee of the Kent County 2050 regional visioning process. The Steering Committee provides oversight and input into the overall planning process and serves as advisors and decision-makers on the final vision.

“It’s a great honor to join the other highly respected leaders on the Legacy Trust Board,” said Van Dyke. “I have tremendous respect for the company’s locally-based leadership, and their individualized approach to investment strategies, wealth management and trust services. It’s the kind of personalized service that all customers desire.”

Van Dyke has received several prestigious business awards during her career, including being named one of American Banker’s “25 Most Powerful Women in Banking” four times between 2007 and 2014, and a “Woman to Watch” in 2005, 2010, 2011, and 2015.  She also was recognized six times as one of “The 50 Most Influential Women in West Michigan” by the Grand Rapids Business Journal. And, just last year, she was named one of the 200 Most Influential Business Leaders in West Michigan by Crain’s Grand Rapids Business.

“Michelle is an extraordinary business, banking and community leader who possesses a level of professional experience that can benefit any organization she’s affiliated with,” said Legacy Trust Board Chair, Steve Heacock. “She will bring great insight to our organization. We’re confident her wisdom will help our firm grow and benefit our customers and shareholders.”

Van Dyke also serves on the Davenport University Board of Trustees. Her appointment to the Legacy Trust Board was finalized on January 26, 2024.

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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