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Suspicious Activity Report Filings Hit Record in 2025

Suspicious Activity Report Filings Hit Record in 2025

By Mark W. Dever Last year saw a record number of SAR filings. According to the Financial Crimes Enforcement Network (FinCEN), banks and savings associations alone filed more than 2.193 million SARs in 2025, an increase of 7.66% over SAR filings in 2024. Seven groups in total file SARs, and during 2025, all seven groups…

George Collier Retires from Meridian Board

MALVERN, Pa.,— George Collier has retired from the Meridian Bank Board of Directors, concluding a 21-year tenure marked by leadership, vision, and steadfast commitment to the Bank’s mission and growth. A founding board member and initial investor, Collier played a pivotal role in shaping Meridian Bank into the community-focused financial institution it is today. His…

Richard C. Rushkewicz Retires from Northbrook

NORTHBROOK, Ill.,—Richard C. Rushkewicz has retired as Founding CEO of Northbrook Bank & Trust Company, a Wintrust Community Bank. Rushkewicz opened the bank as a de novo in 2000. He concludes a nearly 54-year career in banking during which he has held management positions at several Chicago-area banks. He remains a director of Northbrook Bank,…

Peoples Adds Rhonda Norrbom as EVP, CCO

WAUSAU, Wis.,—Peoples State Bank has named Rhonda Norrbom executive vice president and chief credit officer. Norrbom will oversee credit risk management and the commercial credit administration team, ensuring continued alignment with the bank’s commitment to sound lending practices that support community growth. “Rhonda’s extensive experience in credit risk management and deep understanding of community banking…

Associated Names Jason Hansen Nebraska and Western Iowa Market President

OMAHA, Neb., Associated Bank has named Jason Hansen Nebraska and Western Iowa market president, and business segment leader – Commercial Banking. Hansen will report to Phil Trier, executive vice president, head of Corporate & Commercial Banking. Hansen previously served as president of American National Bank. Hansen’s career at American National Bank began in 2000 as…

Bobbie Fisher to Retire from Northstar

Julie Smith Named Public Funds Officer, Todd Sanchez also Added ST. CLAIR COUNTY, Mich.,—Bobbie Fisher, Northstar Bank Public Funds Officer, will retire following a distinguished 42-year career in banking and dedication to the communities she has served. Fisher joined Northstar Bank in April 2017 and played a key role in developing and growing the bank’s…

First American Names Jim Turano Group Head for Chicago Market

ELK GROVE VILLAGE, Ill.,—First American Bank has appointed James R. Turano as Commercial Group Head, based in the bank’s Orland Park, Illinois office. Turano joins First American Bank after serving as Senior Vice President/Division Manager with Wintrust Commercial Banking. Turano’s arrival adds senior leadership to First American Bank’s Chicago-area commercial banking team as middle market…

FNB Adds Chief Commercial Banking Officer in Pittsburgh

PITTSBURGH,—First National Bank, subsidiary of F.N.B. Corporation, has hired Nick Lotz as Chief Commercial Banking Officer, extending the Bank’s successful track record of bringing exceptional talent to Pittsburgh. Lotz, who relocated from the Philadelphia area, will report to Chief Wholesale Banking Officer, Bryant Mitchell. With FNB’s focus on continued growth and enhanced profitability, the newly…

OCB Names Jonathan Schalow SVP

OREGON, Wis.,—One Community Bank has promoted Jonathan Schalow to Senior Vice President – Client Experience. In this expanded role, Jonathan will continue to be a member of OCB’s Senior Leadership team and lead our Client Contact Center, Treasury Management Support, and Client Experience Training teams. This promotion extends his leadership to now include overseeing the…

KeyBank Expands Middle Market Banking Team in SE Michigan

CLEVELAND,—KeyBank has expanded its Middle Market commercial banking capabilities in Southeast Michigan, deepening the company’s commitment to the region through continued investment in experienced local talent and enhanced relationship coverage for growing businesses. The expansion builds on KeyBank’s Michigan presence, which began in 2004 and accelerated with the company’s entry into West Michigan in 2021….