mBank announces executive level promotions

MANISTIQUE — mBank announces the promotions of Senior Vice President Clay Peterson and Senior Vice President Joanna Slaght to executive vice presidents. They will continue to provide top level leadership throughout various administrative, client service, and governance areas of the company to support future strategic growth objectives both organically and externally.

Peterson, executive vice president, Western U.P. and Wisconsin market executive and managing director of retail banking, has been with the bank for approximately three years. During this time, he has overseen all retail banking activities company wide, as well as managing all commercial lending activities in the Western U.P. and Wisconsin markets. He was an integral part of the Senior Leadership Team in consummating the successful 2016 Northern Wisconsin expansion acquisitions of the First National Bank of Eagle River, and the First National Bank of Niagara.

His experience comes from an expansive, and diverse, 18 plus year banking career in Northern Michigan. He is a graduate of Northern Michigan University with a B.S. in business management and a graduate of the University of Wisconsin-Graduate School of Banking. He is a native of the Upper Peninsula and currently resides in Gladstone with his family where he has been living for the last 17 years. He can be reached at (906) 786-8426 or by email at

Slaght, executive vice president, managing director of administration and regulatory compliance risk. Slaght has been with the bank for over 20 years. During this time, she has served mBank in several key senior management positions, including SVP compliance officer/risk manager, as well as overseeing human resources, marketing, and training and development/sales administration for the company. Through her direction, the bank has continued to attain a strong risk management governance program in terms of managing global loan and deposit compliance and internal audit risk throughout the organization.

She holds a B.S. in business administration with a finance specialization from Marquette University. She currently resides in Newberry with her family where she has been living for the last 22 years. She can be reached at (906) 341-7151 or by email at