UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report:  October 20, 2020

INDEPENDENT BANK CORPORATION
(Exact name of registrant as specified in its charter)

Michigan
0-7818
38-2032782
 (State or other jurisdiction of incorporation)  (Commission File Number)  (IRS Employer Identification No.)

4200 East Beltline
Grand Rapids, Michigan
  49525
 (Address of principal executive office)    (Zip Code)

Registrant's telephone number,
including area code:
(616) 527-5820

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common stock, no par value
IBCP
NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company         

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02(b) section – Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The Board of Directors of Independent Bank Corporation (the "Corporation"), the holding company of Independent Bank, a Michigan-based community bank, announced today the appointment of Dennis W. Archer Jr. to the Boards of the Corporation and the Bank effective October 20, 2020. Mr. Archer was appointed to a term expiring on the date of the Corporation’s Annual Meeting of Shareholders in April 2022. In conjunction with Mr. Archer’s appointment, the Board increased the size of the Board to eleven members.

Mr. Archer is the CEO of Ignition Media Group, a leading integrated marketing agency, and President and founding partner of Archer Corporate Services, one of the nation’s leading marketing fulfillment service firms.  Mr. Archer’s hospitality holding company, Congress Hospitality, is creator and managing partner of Central Kitchen + Bar, one of Detroit’s top restaurants.

In addition to the aforementioned entrepreneurial endeavors, Mr. Archer is also a real estate developer who is dedicated to giving back to Detroit and the surrounding areas.  He has participated in several high-profile projects.  His civic and philanthropic involvement includes Chair Emeritus of the Detroit Regional Chamber of Commerce Board of Directors where he sits on the executive committee.  Mr. Archer also sits on the boards of the Jalen Rose Leadership Academy, Dennis W, Archer Foundation and Citizen Detroit.  Corporately, Mr. Archer serves on the General Motors Supplier Council.

Mr. Archer  received both his undergraduate and law degrees from the University of Michigan.

Item 9.01 Financial Statements and Exhibits

Press release announcing the appointment of Dennis W. Archer Jr. to the Board of Directors of Independent Bank Corporation and Independent Bank, issued by the Company on October 23, 2020.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


 
INDEPENDENT BANK CORPORATION
 
(Registrant)
     
Date:  October 23, 2020
/s/ Gavin A. Mohr
 
By:
Gavin A. Mohr
 
Its:
Executive Vice President and
   
Chief Financial Officer