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….
Thompson Phelan Strengthens Leadership
ANCHORVILLE, Mich., — Thompson Phelan Group, a design/build architectural firm, has made key changes to its ownership structure. This restructuring marks a significant milestone as the organization strengthens its leadership to build on its success and drive continued growth within the company. Kelly A. Watson, formerly Chief Architectural/Interior Designer, has accepted an ownership position within…
First National Announces Board Succession Plan
KALAMAZOO, Mich.,—The First National Bank of Michigan board of directors has executed a comprehensive succession plan designed to ensure a continued commitment of growth in Kalamazoo, Portage, Grand Rapids, Holland, Lansing, and Traverse City. Effective May 2025, Larry Lueth, Chairman, will retire after 19 years of leadership. Daniel Bitzer, President & CEO, will assume the…
Jim Nowak to Retire from UBB
BLOOMINGTON, Minn.,—Jim Nowak, Vice President and Director of ALM Strategy has announced his plan to retire from United Bankers’ Bank effective May 31, 2025. Nowak joined the UBB Securities team in 2002 with eight years’ prior experience in asset liability management. Throughout his tenure, Nowak strengthened the capabilities of UBB Securities through the development and…