Danielle Bull and Shaunna Padget Named to ICBA Independent Banker’s 40 Under 40: Emerging Community Bank Leaders List

WASHINGTON — The Independent Community Bankers of America® (ICBA), unveiled its annual 40 Under 40: Emerging Community Bank Leaders list. The award recognizes the nation’s up-and-coming community bank innovators and influencers who represent the future of the industry. Danielle Bull, Vice President/Controller at Dart Bank and Shaunna Padgett, Vice President, Strategic & Operating Manager at First National Bank of Michigan have been named to the list.

“This annual award continues to uncover extraordinary talent within the community banking industry,” ICBA President and CEO Rebeca Romero Rainey said. “We congratulate both Danielle Bull and Shaunna Padgett on this well-deserved honor.

Chosen from hundreds of entries, candidates were judged on the following criteria: character, leadership, community involvement, and innovation. Bank technology services provider FIS, of Jacksonville, Fla., sponsored this year’s program.

Danielle Bull came to Dart Bank from a larger regional bank to promote community banking and make a grassroots impact. She dedicates herself to training and supporting her team both personally and professionally. She leads by example, spearheading several projects to help meaningfully understand the bank’s numbers. Outside of work, Danielle has been a member of Sparrow Foundation’s Women Working Wonders for more than 13 years.

Shaunna Padgett carries the unofficial title of First National Bank of Michigan’s “go-to, can-do” person. No task is off-limits for Padgett. She worked to upgrade products and services at the Bank to remain competitive. Her initiative, efficiency, productivity, and commitment have not gone unnoticed by leadership. Shaunna started with First National Bank of Michigan in August 2010, she is a graduate of Western Michigan University. Shaunna is active in the community and along with her husband Dan, they are raising two daughters.

Chelsea State Bank Announces 2021 Leadership Changes

 CHELSEA, Mich. — The Board of Directors of CSB Bancorp and Chelsea State Bank recently announced leadership changes for Chairman and CEO John Mann and President Joanne Rau. In January 2021, Rau will become President and CEO, and Mann will remain Chairman of the Board.

 “I am excited to begin this new chapter in my career,” said Chelsea State Bank CEO John Mann. “I am not retiring but beginning in January 2021, I will be working on a part time basis – two days a week!  My title will be Chairman of the Board. I look forward to spending more time with my grandchildren and more time in the great outdoors with my wife. But let me make it clear:  I will keep working.  Indefinitely.  As in one to five or more years.  My health is good.  My attitude is good.  And I am very pleased and confident to have Joanne succeed me as CEO next year. She is a great leader and has an excellent team along with her.”

Mann began his banking career with National Bank of Detroit in 1983. He joined Chelsea State Bank in 1988, became President and CEO of the Bank in 1994, and was appointed Chairman of the Board in 2005.

Rau joined Chelsea State Bank as President in 2019 with 19 years of distinguished banking experience. She had spent the last 15 years moving into executive positions at Fifth Third Bank (Cincinnati, Ohio) and most recently Senior Vice President and Business Banking Executive. Rau was elected to the CSB Bancorp and Chelsea State Bank Board of Directors in April.

Beth Lawlor Joins U.S. Bank as President, Private Wealth Management

MINNEAPOLIS — Veteran wealth management leader Beth Lawlor recently joined U.S. Bank as President, Private Wealth Management. The Private Wealth Management division provides industry-leading products and services to the company’s high net worth clients.

In this role, Lawlor will be based in U.S. Bank’s New York office. She will set the strategic direction and oversee all aspects of Wealth Management’s high net worth business, managing teams across the U.S.

Lawlor brings with her more than 25 years of industry experience and has a track record of accelerating business growth in the wealth management space. Most recently, she worked at UBS, where she served as the Managing Director, Head of National Field Engagement and Sales, Wealth Management Banking and Lending. Prior to that role, she held leadership positions in private wealth-type markets at several major firms such as Merrill Lynch, Morgan Stanley, Wells Fargo Advisors and Smith Barney.
“Beth is exceedingly client-focused and driven by leading a sales organization,” said Mark Jordahl, U.S. Bank Wealth Management president. “She’s a terrific cultural fit for the bank. Not only will she advance growth for our clients and our business, but she also thrives in a team-based environment.”

Lawlor graduated from Boston College, with a bachelor’s degree in communications and psychology. She serves as the admissions engagement ambassador for the Boston College Alumni Association and as a volunteer for CAPIC Animal Rescue.

F&M Bank Provided $30 million in PPP Loans for over 300 Local Businesses Impacted by COVID-19

Nearly 3,000 Local Jobs Saved

GALESBURG, BRIMFIELD, PEORIA, Ill. — F&M Bank announced that it has processed more than 300 loans totaling over $30 million under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 2,944 jobs within the Galesburg, Brimfield and Peoria areas. The PPP, which was originally launched on April 3 to address economic challenges caused by the COVID-19 pandemic, provides forgivable, government-guaranteed loans for the nation’s small businesses, which account for roughly 48 percent of the U.S. workforce.

“As relationship bankers and dedicated members of this community, we are doing everything we can to protect the vibrancy of our small businesses, which serve as the economic engines for our local economy,” said Doug Sanders, President and CEO of F&M Bank. “I’m so proud of our staff, who have worked around the clock to process these loans and ensure that critical funds were able to get in the hands of those who needed it most. We will continue processing applications until all remaining PPP funds are accounted for.”

F&M Bank continues to help customers during this time. In addition to its PPP funding efforts, F&M Bank has made numerous contributions to local food banks, a $1,000 donation to the Galesburg Community Foundation’s Rapid Response Fund that provides support to nonprofits directly responding to emergencies or disasters in Knox and Warren counties, and through our partnership with Federal Home Loan Bank of Chicago, we are providing $20,000 to several area small businesses and nonprofit organizations that were heavily affected by the pandemic.

“Community banks stepped in to provide a helping hand to local small businesses—something that they do during both good times and challenging ones,” Independent Community Bankers of America President and CEO Rebeca Romero Rainey said. “Providing more than half of the nation’s small business loans, community banks prioritize the needs of their local customers and communities and quickly adapt and respond during times of crisis. By providing the lion’s share of PPP loans, community banks have served an essential role in helping small businesses survive amid COVID-19, while saving countless jobs across our nation.”

Middlefield Banking Co. Appoints Gary Kern as Chief Information Officer

MIDDLEFIELD, Ohio, — Middlefield Banc Corp., the holding company for community bank the Middlefield Banking Co., has announced the hiring of Gary Kern as chief information officer. Kern will lead the company’s IT strategy development.

He replaces Shalini Singhal in the CIO position. Singhal, who worked for Middlefield for about the past four years, has taken the comparable CIO position for Farmers & Merchants State Bank, based in Archbold in Northwest Ohio.

Prior to Middlefield, Kern worked 15 years for Muncie, Ind.-based MutualBank, which has been acquired by Pennsylvania-based Northwest Bancshares Inc. in a $346 million deal announced in October. Kern departed the company in April as CIO and vice president of strategic development of its cybersecurity affiliate.

“Gary is a proven IT executive and recognized leader and influencer,”said Middlefield president and CEO Thomas G. Caldwell said a statement. “Executing our IT strategy is critically important to our organization as more customers engage with the bank through digital, mobile and online resources. I look forward to his contributions as we execute our growth initiatives.”

Per Middlefield’s announcement: Kern has been named a Premier 100 IT Leader by Computerworld and a Top 25 Community Bank Social Media Influencer by the Independent Community Bankers of America.

Sturgis Bancorp, Inc. Appoints John T. Wiedlea Chairman

STURGIS, Mich. — Sturgis Bancorp, Inc. (OTCQX: STBI) announced the appointment of John T. Wiedlea as Chairman.  Mr. Wiedlea is founder of Automation Plus, Inc.  He retired this year as Co-Director of the Sturgis Area Community Foundation.  He is 68 years old and has been a Director of the Company and the Bank since 2006, serving as Audit Chairman.
He is a current member of the following organizations and has held positions as Chairman of the Sturgis Economic Development Corporation, Sturgis Improvement Association, and Brownfield Development of Sturgis.  He served as a member of the St. Joseph County EDGE Board. He is a member of Sturgis Rotary Club and Co-treasurer of St. Mark’s Episcopal Church in Howe, Indiana.

ChoiceOne Bank Announces Promotions of Vermeer and Davis

GRANDVILLE, Mich. — Grand River Bank is pleased to announce the promotions of two highly-skilled and experienced team members.

Matt Vermeer has been promoted to First Vice President, Commercial Banking. Matt joined Grand River Bank in 2012 and has been a West Michigan commercial banker for 24 years. Responsible for a substantial portion of the Bank’s commercial loan portfolio, Matt is well-known for his thoughtful and practical approach, his exceptional relationship management skills and his ability to help businesses achieve their financial objectives.

Pam Davis has been promoted to Assistant Vice President and Branch Manager. A 26-year West Michigan banker and an accomplished leader with an outstanding track record, Pam joined Grand River Bank in 2019. Pam will be based at the Bank’s Grandville office, where she and her team will continue to provide outstanding financial solutions and extraordinary banking experiences.

M&T Bank Corporation Elects Calvin G. Butler, Jr. to Board of Directors

BUFFALO, N.Y.,— M&T Bank Corporation (NYSE: MTB) (“M&T”) announced the election of Calvin G. Butler, Jr., Chief Executive Officer of Exelon Utilities, to its Board of Directors, effective June 16, 2020. Mr. Butler was also elected to the Board of Directors of M&T Bank, M&T’s principal banking subsidiary.

A resident of  Baltimore, Md., Mr. Butler Jr. is a senior executive vice president of Exelon Corporation (“Exelon”) and Chief Executive Officer of Exelon Utilities. He oversees Exelon Utilities’ six local electric and natural gas companies, which together form the nation’s largest utility company by customer count, serving approximately 10 million electric and gas customers in  New Jersey,  Maryland,  Illinois,  Delaware,  Pennsylvania  and the  District of Columbia, respectively. He previously served as Chief Executive Officer of Baltimore Gas and Electric Company (“BGE”), an Exelon company, from 2014 to 2019.“Calvin Butler is a transformational and inspirational business and community leader, and his election to the M&T board comes at an important time for our company, our customers and our colleagues,” said René F. Jones, M&T’s Chairman and CEO. “He will add to the voices and views in our boardroom and throughout our company as we continue to support inclusive and equitable opportunities in Baltimore and communities across our footprint.”

“I am honored to join M&T’s board of directors and foster their work delivering exceptional financial and operational performance,” said Mr. Butler. “My personal commitments align with their efforts to be a strong corporate citizen and strengthen the communities in which they operate. I am energized to join this impressive team for the work ahead.”
Mr. Butler joined Exelon in 2008 as Vice President of External Affairs and Large Customer Services for ComEd, an Exelon company and the largest electric utility in Illinois. He also held Senior Vice President positions in Human Resources and Corporate Affairs for Exelon before joining BGE in 2013 as the Baltimore utility company’s Senior Vice President of Regulatory and External Affairs.

Mr. Butler earned a bachelor’s degree from Bradley University and a Juris Doctor degree from Washington University School of Law.

Mutual Savings Bank Hires Treasury Management Officer

FRANKLIN, Ind. — Mutual Savings Bank, the only locally based community bank in Johnson County, is proud to announce the appointment of Lindsey Turner as Treasury Management Officer. Her role will be to work with the Bank’s commercial lenders and branch managers to assess the specific disbursement and collection needs of business customers and to implement the Bank’s products and services to efficiently address those needs.

“We are pleased to announce the addition of Lindsey to our team. She has many years of experience in banking will be a great addition as we grow this area of our business.” said David A. Coffey, President and CEO.
Lindsey has 15 years of banking experience in the positions of Branch Manager, Treasury Management Officer, and Merchant Services Officer. She and her husband, Paul, reside in Franklin with their two daughters.

Wayne Bank Promotes Alison Menotti to Loan Operations Manager

HONESDALE, Pa – Lewis J. Critelli, President and Chief Executive Officer of Wayne Bank is pleased to announce the promotion of Alison Menotti to Loan Operations Manager.

According to Mr. Critelli, “Alison has done an exceptional job leading the Loan Operations team and her responsibilities continue to expand as we grow. She has demonstrated strong leadership skills and expertise working with the Bank’s loan portfolio, and is highly deserving of this promotion.”
Alison joined the Bank in January of 2008 and has held several titles within the Loan Operations and Commercial Lending Departments during her tenure. She most recently served as the Loan Operations Supervisor. Alison has over ten years of banking experience and resides in Waymart with her boyfriend, Shane, and Boston Terrier, Una. In her free time she enjoys crafting, traveling, and spending time with friends and family.

Port Washington State Bank Provided in PPP Loans for 398 Local Businesses Impacted by COVID-19, 4,965 Local Jobs Saved

PORT WASHINGTON, Wis. — Port Washington State Bank announced that it has processed more than 398 loans totaling $42 million under the Small Business Administration’s Paycheck Protection Program (PPP) to help local small businesses support payroll and related costs, saving approximately 4,965 jobs, most of which were in Ozaukee County. The average loan size was approximately $105,525 as of May 28. The PPP, which was originally launched on April 3 to address economic challenges caused by the COVID-19 pandemic, provides forgivable, government-guaranteed loans for the nation’s small businesses, which account for roughly 48% of the U.S. workforce.

“As relationship bankers and dedicated members of this community, we are doing everything we can to protect the vibrancy of our small businesses, which serve as the economic engines for our local economy,” said Joel Dykstra, senior vice president and chief credit officer. “I’m so proud of our staff, who have worked around the clock to process these loans and ensure that critical funds were able to get in the hands of those who needed it most. We will continue processing applications until all remaining PPP funds are accounted for.”

“Community banks stepped in to provide a helping hand to local small businesses—something that they do during both good times and challenging ones,” Independent Community Bankers of America President and CEO Rebeca Romero Rainey said. “Providing more than half of the nation’s small business loans, community banks prioritize the needs of their local customers and communities and quickly adapt and respond during times of crisis. By providing the lion’s share of PPP loans, community banks have served an essential role in helping small businesses survive amid COVID-19, while saving countless jobs across our nation.”

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