OCB Promotes Homeister to VP Role
OREGON, Wis., — One Community Bank promoted Brenda Homeister to Vice President, Manager of Commercial Loan Administration. “Brenda joined the Organization in September of 2021 and has been instrumental in the development and evolution of the Commercial Loan Administration Division, enhancing procedures and processes as well as building and strengthening relationships within the Commercial Credit…
Pathfinder Chairman Chris Burritt Retires
William Barclay named new Chairman OSWEGO, N.Y., — Pathfinder Bancorp, Inc., the bank holding company of Pathfinder Bank has named William Barclay chairman of the board of directors. Barclay succeeds previous chair Chris Burritt, who joined the board in 1986 and has served as chairman for 10 years, marking 38 years of dedicated service. “It…
Norwood and Wayne Bank Name Schmalzle Director
HONESDALE, Pa., — Ronald R. Schmalzle has been named to the board of Norwood Financial Corp and Wayne Bank. “I have known Ron for over 15 years and am so pleased to add his considerable expertise to the Board,” said Lewis J. Critelli, Chairman of the Board of Directors for Norwood and Wayne Bank. “Ron’s…
CBM Announces Succession Plan
LANSING, Mich., — Michael Tierney the President and CEO of the Community Bankers of Michigan will retire at the end of 2024. He has been at the helm of the organization representing the interests of Michigan banks for over eight years. His banking career spanned 47 years. He led the outstanding team at the CBM…
MCDC Adds Shannon Gordon
EAST LANSING, Mich., -— Shannon Gordon has joined the Michigan Certified Development Corporation as Loan Officer for the Macomb, northeast Oakland, eastern Detroit and the Thumb region. Gordon will oversee marketing efforts for MCDC’s Small Business Administration 504 Loan Program by collaborating with lenders, small business owners and other stakeholders to help drive economic development…
Consumers Breaks Ground in Massillon
MINERVA, Ohio, — Consumers National Bank has broken ground on construction of its new branch in Massillon, Ohio, which will become the 22nd branch location in the bank’s five-county northeast Ohio network. In his remarks at the groundbreaking ceremony, President and CEO Ralph J. Lober II, noted that “the groundbreaking was a symbolic first step…
Peoples Opens New Location in Milwaukee
WAUSAU, Wis., — Peoples State Bank has opened a new location in downtown Milwaukee. The new branch and offices, located. near Cathedral Square, is the bank’s third location in southeastern Wisconsin. “We are excited about the future of Peoples in metro Milwaukee,” said Scott Cattanach, Peoples State Bank president and CEO. “The new location will…
Why Digital Transformation is Essential for Account Opening
By Glenn Bolstad Discover the importance of digital transformation for account opening in the banking industry. Learn how automation, AI and customer experience drive growth and efficiency. In the ever-changing banking industry, where customer loyalty is paramount and competition is fierce, banks are constantly seeking ways to optimize their operations and deliver exceptional customer experiences….
How Positive Pay Helps Fight Check Fraud
By Jason Young Check use has declined for years as consumers gravitate toward faster, more digital transactions. Yet despite the slow and steady phasing out of checks, the financial sector has seen a recent uptick in check fraud. FinCEN reported 680,000 instances of known check fraud in 2022, and those trends continued into 2023, with…
BETTER TOGETHER—Preparing for the Coming Crisis
By Bill Pilkington “Bill, what are we going to do?” On the phone was my friend, mentor and icon in the industry Donald Mann. With over 50 years in the industry, he has seen it all from Director of Banking in Michigan to frequently sought after consultant. After 40 years of his direction, I instantly…