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PRESENTATION TO FRB-CHICAGO RISK MANAGEMENT CONFERENCE APRIL 14-15, 2009

PRESENTATION TO FRB-CHICAGO RISK MANAGEMENT CONFERENCE APRIL 14-15, 2009. Dominic Monastiere EVP-Chief Risk Management Officer Chemical Bank dom.monastiere@chemicalbankmi.com 1-989-839-5294. CHEMICAL BANK. Founded in 1917 in Midland, Michigan $3.8 billion in assets

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PRESENTATION TO FRB-CHICAGO RISK MANAGEMENT CONFERENCE APRIL 14-15, 2009

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  1. PRESENTATION TO FRB-CHICAGORISK MANAGEMENT CONFERENCEAPRIL 14-15, 2009 Dominic MonastiereEVP-Chief Risk Management OfficerChemical Bank dom.monastiere@chemicalbankmi.com 1-989-839-5294

  2. CHEMICAL BANK • Founded in 1917 in Midland, Michigan • $3.8 billion in assets • $2 billion managed by Trust Department • 129 branches, all in lower peninsula, none in Southeast Michigan • Owned by Chemical Financial Corporation (CHFC) • Business Model • Lending Philosophy • David Ramaker – President & CEO

  3. CHIEF RISK MANAGEMENT OFFICER Dom Monastiere • 40+ year career banker (24 years as a Bank President) • Report directly to the President & CEO • Committee Memberships – Executive, BLAC, ALCO • Meet with Audit Committee 4 times per year • Attend all Board of Director meetings with a report

  4. RISK MANAGEMENT RESPONSIBILITIES • Loan Review (1/3 of Commercial Loan Portfolio reviewed annually) • Internal Audit (3 year Risk Based Plan) • SOX – Annual Plan • Compliance – Reviews throughout the year • Bank Secrecy – ongoing • CRA (outstanding rating received in 2008) • Physical Security • Loss Prevention

  5. RISK MANAGEMENT RESPONSIBILITIES • Insurance • Litigation • Business Continuity Plan • Vendor Management • Coordinate CPA firm engagement (KPMG) • Liaison with FRB & OFIR • Semi Annual Bankwide Risk Assessment

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