Industry News

Peoples Opens New Location in Milwaukee

WAUSAU, Wis., — Peoples State Bank has opened a new location in downtown Milwaukee. The new branch and offices, located. near Cathedral Square, is the bank’s third location in southeastern Wisconsin. “We are excited about the future of Peoples in metro Milwaukee,” said Scott Cattanach, Peoples State Bank president and CEO. “The new location will…

Dart Bank Adds Two New Board Members

MASON, Mich., — Dart Bank has announced the election of John Truscott and John Gilkey to its board of directors. “John Truscott and John Gilkey bring invaluable perspectives to our Board of Directors,” said William J. Hufnagel, President and CEO of Dart Bank. “John Truscott’s expertise in developing innovative communication strategies and fostering robust relationships,…

Genesee Regional Bank Names New Board Leadership    

E. Philip Saunders steps down as Chairman ROCHESTER, N.Y., — Genesee Regional Bank has announced that, after 23 years in the role, E. Philip Saunders has stepped down as Chairman of the Board. Saunders will remain a Director of the GRB Board and continue to serve as Chairman of the bank’s holding company, Greater Rochester…

West Bank Cuts Ribbon At New Headquarters

DES MOINES, Iowa, — West Bank held a ceremonial ribbon cutting in early May to celebrate the opening of its new headquarters building in West Des Moines. Dave Nelson, Chair and CEO of West Bank, opened the ceremony by mentioning West Bank as being the oldest business of any kind to be founded in West…

Jim Milroy Retires from 1st State Bank Presidency

Todd Gregory to succeed Milroy SAGINAW, Mich., — Jim Milroy has retired as President and Chief Executive Officer of 1st State Bank. Milroy joined 1st State Bank in 2007 as Senior Vice President & Chief Financial Officer, was promoted to Executive Vice President in 2014 and ultimately to President and Chief Executive Officer in April…

Dart Bank Mortgage Bankers Recognized

MASON, Mich., — Six Dart Bank Mortgage Bankers were recognized by Experience.com as top performers for customer satisfaction in the Mortgage Industry. Experience.com, a provider of Customer Experience Management Software, announced its 2023 Top Performers in the Mortgage Industry. This marks the sixth year of recognizing top mortgage professionals that have shown exceptional customer service…

Mercantile Implements Succession Plan    

GRAND RAPIDS, Mich., — Mercantile Bank Corporation has furthered its previously announced management succession plan. Robert B. Kaminski, Jr. has retired as President and Chief Executive Officer of Mercantile and as CEO of Mercantile’s wholly owned subsidiary, Mercantile Bank. Kaminski remains a Director of both Mercantile and the Bank. Raymond E. Reitsma has resigned as…

Lindenfelser Celebrates 30 Years of Financial Leadership at The Bank of Elk River

ELK RIVER, Minn., — LeRoy Lindenfelser, the Chief Financial Officer of The Bank of Elk River, celebrated his 30th anniversary with the institution in June, according to chairman, president and CEO John Babcock. LeRoy joined The Bank of Elk River in 1994 as a consumer lender for the yet-to-be-built Otsego branch. His dedication and expertise…

Consumers Names Joe Gerzina Director

Minerva, Ohio, — The Board of Directors of Consumers Bancorp, Inc. has approved the appointment of Joseph A. Gerzina as a Class III director. Gerzina was also appointed director of the Company’s wholly owned subsidiary, Consumers National Bank. He will also become a member of the Loan Committee, Audit Committee, and Corporate Governance/Nominating Committee. Gerzina,…

Citizens National Names Gould Director of Marketing

Nancy Lindsay Retires CHEBOYGAN, Mich., — Citizens National Bank has appointed Samantha Gould Director of Marketing and Community Relations. Samantha joins the bank following the retirement of Nancy Lindsay, who has served the bank with distinction for over 20 years as Vice President of Marketing. Samantha brings a wealth of experience in strategic marketing, community…