Crestmark Chairman, CEO and founder Dave Tull has been elected to serve as vice chair of Oakland University’s (OU) Board of Trustees. Tull was appointed to an eight-year term on the eight-member board in 2014.
Tull said, “I am honored to accept an expanded role as vice chair of Oakland University’s Board of Trustees. Through the dedicated efforts of many people, Oakland University has emerged as an important Michigan university because of its focus on offering students a high-quality education that is among the best values in the country. Oakland offers a beautiful learning environment, and is a major asset to our community.”
Tull founded Crestmark in Troy, Michigan in 1996 to help small- and medium-sized businesses access funding. The company now serves a national marketplace with diverse financial products and services. Inc. magazine recently recognized Crestmark as one of the fastest growing private companies in the United States on its Inc. 500/5000 list.
Previously, Tull was the executive vice president and treasurer of Michigan National Corp. He has a bachelor’s degree in business administration from the University of Michigan, and a banking degree from the University of Wisconsin Graduate School of Banking.
The university, located in Rochester, MI, has experienced two decades of significant growth in student enrollment, and now has nearly 17,000 undergraduate students, and more than 3,000 graduate students. In addition, its reputation for a high quality, affordable education has been recognized at the state, regional and national level. OU is included in PayScale’s 2016 Best Value Colleges in Michigan for return on investment, and The Princeton Review includes OU’s School of Business Administration in its 2016 edition of “The Best 295 Business Schools.”
As a result of positive growth in many areas, Oakland’s 1,443-acre campus has transformed in the last decade with the addition of new student housing, a recreation/athletic complex, and a 127,000-square foot engineering building.
Crestmark is an FDIC-insured bank that provides innovative financial solutions for businesses nationwide. Financing solutions include asset-based lending, accounts receivable financing, lines of credit, term loans, factoring, machinery/equipment financing and equipment leasing.