Industry News

CEO Phil Koning to Retire from West Michigan Community Bank

Matt Hoeksema to succeed Koning HUDSONVILLE, Mich., — West Michigan Community Bank President and CEO Phil Koning will retire April 30, 2025. Phil has 50 years in the banking/finance industry, thirteen of those years as President and CEO of West Michigan Community Bank. When Phil started with WMCB in 2011 there were four locations in…

Liz Deihs Promoted to OCB EVP & Chief Experience Officer

OREGON, Wis., — One Community Bank has named Liz Deihs executive vice president & chief experience officer. In this role, Liz will further enhance and elevate the client experience at OCB. “Liz is an incredibly talented and driven banking professional. Since she joined us as a Teller through the school-to-career program in 2005, Liz has…

ChoiceOne Promotes McCarthy, Wolthuis, Oosterhouse, Adds Usik

SPARTA, Mich.,  — ChoiceOne Bank has promoted Brent McCarthy, Ryan Wolthuis and Craig Oosterhouse and has added Andy Usik. “We are pleased to announce the promotions of Brent, Ryan and Craig and welcome Andy to our Commercial Team,” said ChoiceOne Bank CEO Kelly Potes. “Each of these professionals are experienced leaders with successful careers in…

QCR Appoints New Directors

MOLINE, Ill., — QCR Holdings, Inc. has appointed James R. Batten and Amy L. Reasner to the company’s Board of Directors, increasing the board from 11 to 13 members. “Both Jim and Amy bring a strong background and expertise that complements the composition and experience of our board,” said Larry Helling, Chief Executive Officer. “They…

James Parker of CSB Wins FHLB Indianapolis Community Spirit Award

SAULT ST. MARIE, Mich., — James Parker, Vice President of Central Savings Bank, is the 2024 recipient of the Community Spirit Award from the Federal Home Loan Bank of Indianapolis. Since 2007, the annual award has honored individuals at one of FHLBank Indianapolis’ member institutions in Indiana and Michigan who show an outstanding dedication to…

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…

Dart 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…