Industry News

Merchants Appoints Sean Sievers CFO

CARMEL, Ind., — Merchants Bancorp and its subsidiary, Merchants Bank, have named Sean Sievers Chief Financial Officer. Sievers brings 25 years of executive financial leadership in the banking and mortgage industries to the top-performing banks’ chief finance role. Most recently, Sievers served as CFO at Rate (formerly Guaranteed Rate). His career includes leadership roles as…

Iowa Bankers Association Honors Tom Pohlman

Longtime community banking leader honored for his service to the banking industry JOHNSTON, Iowa, — The IBA has presented banking leader Tom Pohlman with the 2024 James A. Leach Leadership Award. Pohlman had a successful 46-year banking career, including leadership roles at First National Bank of Ames and Ames National Corporation. He joined First National…

ICBA Names Rene Shonerd EVP, CIO

WASHINGTON, — The ICBA has named René Shonerd executive vice president and chief information officer (CIO). In this role, Shonerd will oversee ICBA’s enterprise-wide technology strategy, ensuring the scalability, security, and efficiency of the association’s IT operations. “René’s extensive experience in association technology and expertise will be a tremendous asset in ensuring ICBA has the…

Pathfinder EVP Ronald Tascarella to Retire, Serbun Named SVP

Joseph Serbun to Assume SVP and Chief Credit Officer Role OSWEGO, N.Y., — Pathfinder Bancorp Executive Vice President and Chief Banking Officer Ronald Tascarella will retire effective November 30, 2024. Joseph Serbun has been appointed as Senior Vice President, Chief Credit Officer. “On behalf of everyone at Pathfinder Bank, I want to thank Ron for…

Oxford Names Michael Tierney to Board

OXFORD, Mich., — Oxford Bank Corporation, the holding company for Oxford Bank, has named Michael J. Tierney to the Oxford Bank Board of Directors. Early in his career, Tierney held senior roles at Comerica Bank, Chase Bank’s Business Banking unit. He then moved to Peoples State Bank (Michigan) as President and CEO after which he…

Grand River Bank Names Drew Ysseldyke President and CEO

GRANDVILLE, Mich., — Grand River Bank has promoted Drew Ysseldyke to President & Chief Executive Officer. This completes a transition process that began when Ysseldyke joined the Bank as president in April 2023. He succeeds Pat Gill, who has served as CEO since 2012 and who will continue as an advisor and board member. Immediately…

Gina Breslin Appointed to JBT Board

JONESTOWN, Pa., — Gina Breslin has been named to the boards of JBT Bancorp, Inc. and its subsidiary Jonestown Bank & Trust Co. Breslin is a Shareholder and Consultant with North Group Consultants, an organizational health and leadership development firm located in Lititz, PA. In her role, Breslin provides leadership to the firm by shaping…

Rajek Named Peoples Commercial Group Leader

WAUSAU, Wis., — Senior vice president Erik Rajek has been promoted to commercial group leader of Peoples State Bank. “Erik brings significant experience to this role, with over two decades as a commercial banker and producer in multiple Wisconsin markets,” said Scott Cattanach, Peoples State Bank president and CEO. “He brings a fresh approach as…

ChoiceOne’s Jackson, VanderWoude Complete GSB Certification

SPARTA, Mich.,— ChoiceOne Financial Services, Inc., and ChoiceOne Bank have announced that Andy Jackson and Nate VanderWoude graduated from the Graduate School of Banking Program at the University of Wisconsin – Madison in the top five percent of their class. Jackson and VanderWoude also received the prestigious Certificate of Executive Leadership from the Wisconsin School…

M&T Bank Names Lopa Kolluri Head of Affordable Housing Lending

NEW YORK, — M&T Bank has appointed Lopa Kolluri Head of Affordable Housing Lending. In this new role, Kolluri is responsible for the development, oversight, and day-to-day management of the Affordable Housing vertical within M&T’s Commercial Bank. Kolluri will execute M&T’s affordable housing business strategy and establish operational processes and governance structures to ensure the…