Northwest Bank names Sean Morrow Interim Treasurer
COLUMBUS, Ohio, — Northwest Bank has named Sean Morrow as Interim Treasurer. Morrow will replace Corporate Treasurer and EVP of Finance and Accounting Jeffrey Maddigan, who is leaving to pursue an opportunity outside of the bank. Morrow will oversee the treasury function, including managing the bank’s interest rate, liquidity and capital efforts; managing the securities…
Great Lake Banker MagazineDart Names Sahil Goswami Head of Fintech
MASON, Mich., — Dart Bank has named Sahil Goswami SVP/Head of Fintech. Sahil Goswami brings a decade of fintech experience backed by a Bachelor’s in Economics from Emory University. He is currently pursuing his Executive M.B.A. at Columbia University. Goswami started his career as a mortgage analyst, where his responsibilities included merging fintech and crypto…
Hamann Earns 40-Year Lifetime Service Award
WAUSAU, Wis., — Jackie Hamann of Peoples State Bank in Marathon City was honored with a Wisconsin Bankers Association Lifetime Achievement Award to celebrate her 40 years in the banking industry. Staff and family members were at the Marathon branch during the award ceremony. “I’m honored to present this award to Jackie, recognizing her for…
First National Bank of Michigan Adds Tim Hoekstra as VP, Commercial Lender
KALAMAZOO, Mich., — First National Bank of Michigan has appointed Tim Hoekstra Vice President, Commercial Banking. In this role, Hoekstra will focus on building banking relationships in the greater Kalamazoo and Portage areas. “We are happy to welcome Tim back to the team,” commented Chris Mars, Kalamazoo Commercial Banking Group Manager at FNBM. “His strong…
Huron Valley Names McMahon Finance Manager
MILFORD, Mich., — Huron Valley State Bank has appointed Brendan McMahon, CPA, Finance Manager. McMahon brings over 15 years of experience in finance and taxation, with a background in banking, underwriting, and credit. McMahon began his career as an Associate at Merrill Lynch, where he was promoted to Financial Advisor after two years. He later…
F.N.B. Corporation Promotes Insider to Chief Audit Executive
After Nearly 30 Years of Service, Christine Tvaroch Is Succeeded by Ronda Edkins PITTSBURGH, — F.N.B. Corporation Chief Audit Executive Christine Tvaroch is retiring after nearly 30 years of service to the Company. She will be succeeded by Ronda Edkins, who joined FNB in 2023 as Chief Operational Risk Officer. “Christine has been an asset…
Middlefield Rings Nasdaq Opening Bell
NEW YORK, — Middlefield Banc Corp. celebrated its 10th anniversary of its listing on the Nasdaq Stock Market by ringing the Opening Bell on Tuesday, August 27, 2024. “It is an honor to represent Middlefield by ringing the Nasdaq Opening Bell and celebrating our 10th anniversary on the Nasdaq Stock Market. Since listing on Nasdaq…
The Rise of Payments Hubs in Community Banking
By Kristen Jason and Mark Majeske Instant payments represent an opportunity for community banks to meet the ever-growing demands of their customers. However, they have to first think about how they will connect. One such solution that has gained significant traction is the adoption of payments hubs. To explore this trend and its implications for…
Adapting to Serve: Leveraging Technology to Connect with Financially Underserved Customers
By Brad Tompkins In April, the Federal Deposit Insurance Corp. (FDIC) unveiled a revised economic inclusion plan aiming to advance financial stability by encouraging lending in underserved communities. According to the FDIC website, the second stage of this plan is building household financial stability, specifically by increasing the percentage of households that have access to…
Loan Participations Plant the Seeds for Lending Growth
By Peter Glick When one of your best customers approaches your community bank about a new loan, ideally, you would always be able to say yes. Regulations, however, set limits on how much funding lenders can provide borrowers. Community banks have options however to meet these regulatory requirements and still meet the needs of their…