Investment Committee

Investment Committee

Our Investment Committee will review and approve all of Grow Michigan’s applications for investments.  It is composed of independent, experienced investment and credit professionals.


  • Daniel Terpsma

    Daniel Terpsma

    INVESTMENT COMMITTEE MEMBER

    Daniel W. Terpsma, age 63, is the Executive Vice President, Director of Commercial and Regional Banking at Chemical Bank, a position he has held since September 14, 2015. Mr. Terpsma previously served Chemical Bank as Managing Director-Strategic Growth commencing 11/1/2014. Mr. Terpsma served as President and Chief Executive Officer of Northwestern Bank from 2013 to October 31, 2014, when it was acquired by Chemical Financial. Mr. Terpsma held senior management positions from 1983-2012 with Old Kent Financial Corporation, LaSalle Bank/ABN Amro Corporation, Bank of America Corporation and Westwater Group. Mr. Terpsma is a member of the Executive Leadership Team and the Senior Leadership Team of Chemical Bank.

  • Thomas J. Bieke

    Thomas J. Bieke

    INVESTMENT COMMITTEE MEMBER

    Thomas J. Bieke is Managing Director and Chief Credit Officer for The Private Bank in Chicago, a publicly-traded commercial bank with approximately $20 billion in assets which, in the first quarter of 2017, will be acquired by Canadian Imperial Bank of Commerce. He has spent the last 35+ years in middle market commercial banking working for American National Bank & Trust Co. of Chicago, LaSalle Bank (a subsidiary of Netherlands-based ABN AMRO Bank) and Fifth Third Bank. While at Fifth Third, Tom formed and lead the new National Commercial Banking unit to establish a new presence for the Bank in five northeast and southeast markets.

    Tom received his Bachelor of Arts Degree (Economics) from Kalamazoo College in 1980 and his Master in Business Administration from the University of Chicago in 1991.

  • D. James Mack

    D. James Mack

    INVESTMENT COMMITTEE MEMBER

    Jim Mack serves as Executive Vice President – Chief Lending Officer at Independent Bank. He oversees all aspects of Commercial Lending including loan origination, approval, credit administration and operations. Prior to joining Independent Bank in 2009, he had been with Comerica for 25 years, most recently serving as Senior Vice President – Credit Administration for the national divisions of Business

    Banking, Private Banking and SBA Lending. Mr. Mack received his Bachelors of Business Administration from Western Michigan University.