Industry News

Chairman William White Retires from Dearborn Federal Board

DEARBORN, Mich.,—Dearborn Federal Savings Bank chairman and former President/CEO William R. White has retired from the board of directors. Martin L. Heger, Jr. has been named the succeeding chairman. “Bill has dedicated over 35 years to Dearborn Federal Savings Bank and has been a valued community leader in the great communities of Dearborn and Dearborn…

UBB Names New Board Members, Honors Retiring Director Dean Miller

BLOOMINGTON, Minn.,—United Bankers’ Bancorporation, Inc., the parent holding company of United Bankers’ Bank, has elected David Krause and Brian Young to its board of directors. David Krause is the CEO of Pioneer Bank in Mankato, Minnesota. He began his banking career in 1984 and started his tenure at Pioneer Bank in 1986. His strategic vision…

Tobin J. Dunigan Joins CNB and County National Boards

HILLSDALE, Mich.,—Tobin J. Dunigan has been named to the board of directors of CNB Community Bancorp, Inc. and County National Bank, according to Craig S. Connor, Chairman of the Board of CNB Community Bancorp, Inc. and County National Bank. “We are pleased to add Tobin Dunigan to the board of directors. His experience, leadership, and…

Pennington Appointed to NWSB Board

CHARLESTOWN, Ind.,—NWSB has appointed Ryan Pennington to the board of directors of the bank’s holding company, New Independent Bancshares, Inc. and The New Washington State Bank (NWSB). “Ryan’s support for the bank and the energy he brings will help us as we continue to grow,” said NWSB CEO Pat Daily. “Ryan has a deep understanding…

Waterstone Director Michael Hansen to Retire

WAUWATOSA, Wis.,—Waterstone Financial, Inc. board member Michael Hansen has decided to retire as a Director of the Company and its wholly-owned subsidiary WaterStone Bank SSB. Hansen has been a director of the Company since 2003 and serves as a member and the chair of the Company’s Audit Committee and as a member of the Company’s…

John Babcock Honored by Anoka Technical College

ELK RIVER, Minn.,—During the annual Anoka Technical College Foundation fundraiser, John Babcock, board chairman, CEO, and president of The Bank of Elk River, was honored with the Howard Rosenwinkel Humble Service Award for decades of outstanding dedication to the college. Babcock is the second recipient of this award, which recognizes prior board members for their…

Farmers CAO Joseph Sabat to Retire

CANFIELD, Ohio—Farmers National Bank chief accounting officer Joseph Sabat has announced his retirement according to President and CEO Kevin Helmick. Sabat, who was promoted to Chief Accounting Officer in 2021, has been with Farmers since 2006. He previously served as the Bank’s Controller. and has enjoyed a highly successful 25 year career in accounting, finance…

Michael S. Zahn Named Northeast Indiana Bancorp Chairman

HUNTINGTON, Ind.,—Northeast Indiana Bancorp, Inc. has named Michael S. Zahn Chairman of the Board of First Federal Savings Bank.  This role was previously held by Stephen E. Zahn, who remains Chairman of the board of Directors of Northeast Indiana Bancorp, Inc.

Melanie Squires Returns to Dart Bank

MASON, Mich.,— Melanie Squires has returned to Dart Bank as Vice President/Office Manager and Treasury Management Officer, where she will oversee operations at Grand Ledge and support business clients through treasury management services. With more than 23 years of experience in banking, Squires brings a well-rounded background in consumer lending, commercial loan support, business banking,…

Portage Community Bank Names Hauch to Board

RAVENNA, Ohio,—Portage Community Bank, the wholly-owned bank subsidiary of Portage Bancshares, Inc., has named James V. Hauch to PCB’s board of directors. With an extensive background in law, accounting, and real estate, Hauch brings a wealth of knowledge and experience that will be invaluable to the organization. Hauch’s appointment took effect on January 1, 2025….