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FOR IMMEDIATE RELEASE:

WOLVERINE BANCORP, INC. RE-ELECTS THREE TO BOARD OF DIRECTORS

Wolverine Bank, a subsidiary of Wolverine Bancorp, Inc. (NASDAQ: WBKC), recently had its annual shareholders meeting at the Midland Center for the Arts. The Bank announced the re-election of three board members, J. Donald Sheets of Dow Corning, Howard Ungerleider of The Dow Chemical Company, and Joseph M. VanderKelen of Snow Machines, Inc.

J. Donald (Don) Sheets is Vice Chairman of Dow Corning. Don was Executive Vice President and Chief Financial Officer of Dow Corning from 2003-2016 and served in various commercial management and financial roles since joining Dow Corning in 1982. He has served as a director of Wolverine Bancorp, Inc. and Wolverine Bank since 2007 and serves as chair of the Audit Committee.

Howard I. Ungerleider is Vice Chairman and Chief Financial Officer of The Dow Chemical Company and Chairman of Dow Corning. Since joining The Dow Chemical Company in 1990, his career has spanned a wide variety of commercial, financial, geographic, functional and enterprise-level leadership roles both in the United States and in Europe. He has served as a director of Wolverine Bancorp, Inc. and Wolverine Bank since 2011.

Joseph M. VanderKelen is President and Owner of Snow Machines, a global supplier of snow machines and snowmaking equipment, and of construction and engineering services, located in Midland. He has served as a director of Wolverine Bancorp, Inc. and Wolverine Bank since 2004 and is currently the Chair of the Compensation Committee.

Wolverine Bancorp’s board of directors also includes Chairman of the Board, Richard M. Reynolds, former President of MidMichigan Health, Roberta N. Arnold, President and CEO of the Charles J. Strosacker Foundation, Eric P. Blackhurst, Assistant General counsel at The Dow Chemical Company, David H. Dunn, President and CEO of Wolverine Bank, and James W. Fisher, President of Fisher Contracting.

Wolverine Bank was founded in 1933 and became publicly traded in January 2011 with an initial offering of $10.00 per share. Since that initial offering, the Bank’s stock has appreciated to $25.78 as of 06/16/16. Wolverine Bank is a wholly owned subsidiary of Wolverine Bancorp, Inc. and trades under the symbol WBKC on the NASDAQ. The Company had assets of $385.9 million as of March 31, 2016.

Wolverine Bank currently operates three full service banking offices in Midland and Frankenmuth as well as a commercial loan office in the Metro Detroit area. It provides lending services throughout the state of Michigan and offers a broad range of financial products and services to both businesses and consumers. For more information about the Company visit WolverineBank.com