trending Market Intelligence /marketintelligence/en/news-insights/trending/HBFWx6q8wVaDava4PsYTdg2 content esgSubNav
In This List

Top banking moves through Aug. 2

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling

Case Study

A Chinese Bank Takes Steps to Minimize Risks as it Supports International Trade

Blog

Middle East Africa MA by the Numbers: Q3 2021

Blog

Banking Essentials Newsletter: November Edition 2021 - Part 2


Top banking moves through Aug. 2

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

Aug. 2.

Fairfield, Iowa-based First National Bank in Fairfield named Mark Smith president and CEO, replacing Patrick Hurley, who recently retired, The Fairfield Ledger reported.

Smith also joined the board of directors.

The bank is a unit of Iowa First Bancshares Corp.

***

Batesville, Ind.-based ClearPoint Federal Bank & Trust named Tim Schoettmer vice president and CFO, replacing Dan Wisley, who retired from the company.

Schoettmer previously served as vice president and CFO of Brookville, Ind.-based FCN Bank NA, a unit of FCN Banc Corp.

Aug. 1

Heartland Financial USA Inc. hired Laura Hughes as executive vice president and chief marketing officer.

Prior to joining the Dubuque, Iowa-based company, Hughes was chief marketing officer for Church Mutual Insurance Co., a property and casualty specialty insurer headquartered in Wausau, Wis.

***

Peter Hill has joined Mohave State Bank of Lake Havasu City, Ariz., as executive vice president and chief credit officer.

Hill most recently held the same titles, and that of credit administration director, at Phoenix-based National Bank of Arizona, a Zions Bancorp. subsidiary.

Mohave State is a subsidiary of State Bank Corp.

***

McCall, Idaho-based Idaho First Bank appointed Vicky Mills vice president and chief compliance officer, the (Boise) Idaho Business Review reported.

***

Ada, Okla.-based Vision Bank NA promoted Jerreld Underwood to senior vice president and chief technology officer, The Ada News reported.

Underwood has been with the bank, a unit of Vision Bancshares Inc., for 13 years.

July 31

Following Nashville, Tenn.-based FB Financial Corp.'s completion of FirstBank's acquisition of Knoxville, Tenn.-based Clayton Bank and Trust and Tullahoma, Tenn.-based American City Bank from Clayton HC Inc., a number of executives of the acquired institutions will continue in different roles in the combined bank. Former Clayton Bank and Trust CEO Travis Edmondson will now serve as Knoxville area president; former American City Bank President and CEO Troy Martin will become area president for the Tullahoma area; and former Clayton Bank and Trust President Kevin Kimzey is now president of specialty lending at FirstBank.

***

Following IBERIABANK Corp.'s completion of its acquisition of Sabadell United Bank NA, Sabadell United Chairman Fernando Perez-Hickman joins the acquirer as vice chairman and director of corporate strategy. Sabadell United CEO Mario Trueba joins as executive vice president and regional president for southeast Florida.

***

Short Hills, N.J.-based Investors Bancorp Inc. unit Investors Bank named Margaret Lanning senior vice president and chief credit officer.

Lanning previously served as chief credit officer at Toms River, N.J.-based OceanFirst Bank, a unit of OceanFirst Financial Corp..

***

Atlanta-based State Bank Financial Corp. named Sheila Ray COO.

She will continue to serve as CFO of the company and unit State Bank and Trust Co., positions she has held since January 2015. Ray also serves as corporate secretary of the company and the bank.

***

James Miller, CEO and president of Sandusky, Ohio-based Civista Bancshares Inc. and CEO of unit Civista Bank, is retiring, effective Dec. 31.

Miller, who is the CEO of the company since 2007 and of the unit since 2005, will remain as chairman of both boards as a nonemployee director.

Dennis Shaffer, president of the bank and executive vice president of the company, will succeed Miller as CEO of both entities.

***

Hilton Head Island, S.C.-based CoastalSouth Bancshares Inc. made changes to its top management. Stephen Stone was named CEO of the company and CoastalStates Bank, and Anthony Valduga was named CFO and COO. James MacLeod will keep his executive chairman position at the company and its subsidiaries. Founder Randy Dolyniuk will become president of the company and the bank.

***

Following Bowie, Md.-based Old Line Bancshares Inc.'s completion of its acquisition of Damascus, Md.-based DCB Bancshares Inc., DCB Bancshares and Damascus Community Bank' former Chairman Stephen Deadrick joined the boards of Old Line Bancshares and Old Line Bank.

***

Albany, Ore.-based Willamette Community Bank named David Frances senior vice president and chief credit officer.

July 30

Nancy Bahre has retired as CFO of Springfield, Ill.-based Town and Country Financial Corp.

July 28

Thomas Butkus, chairman, CEO and president of AJS Bancorp Inc. and unit A J Smith Federal Savings Bank, is retiring, effective Aug. 14.

In connection with his retirement, Butkus was appointed chairman emeritus of the Midlothian, Ill.-based company and its unit.

Butkus has served as president of the bank since 1982 and became chairman and CEO in 1988.

The company named Raymond Blake and Jerry Weberling to succeed Butkus as chairman and CEO of the company and unit, respectively. Weberling will also continue serving as CFO.

The appointments are also effective Aug. 14.

***

Sioux Falls, S.D.-based Great Western Bancorp Inc. named Michael Gough executive vice president and chief credit officer.

Gough has served as chief credit officer of the company's unit, Great Western Bank, for the past three years.

***

Michael Cataldo joined Northway Bank as senior vice president and chief administrative officer.

He previously served as senior vice president and director of operations at Merchants Bank, according to SNL records.

Northway Financial Inc. is the bank's parent company.

July 27

Dan Thomas, Bank of the Ozarks' chief lending officer and real estate specialties group president, resigned.

Thomas was also vice chairman; he has stepped down as a member of the board.

Thomas' duties have been reassigned in accordance with a previously approved succession plan.

***

The board of Pacific City Financial Corp. named Sang Young Lee chairman of the Los Angeles-based company and subsidiary Pacific City Bank.

Lee, one of the bank's founding directors, succeeds Kwang Jin Chung, who will remain on both boards.

***

Mattoon, Ill.-based First Mid-Illinois Bancshares Inc. named CFO Michael Taylor COO. He is succeeded in his old post by Matthew Smith, executive vice president and director of finance.

***

Riverview Bancorp Inc. Chairman and CEO Patrick Sheaffer is now also president of the Vancouver, Wash.-based company and its subsidiary, Riverview Community Bank.

The company had listed Ron Wysaske as president and COO as recently as July 6.

Riverview CFO Kevin Lycklama was named COO of both the company and bank. Chief Retail Banking Officer Kim Capeloto is now chief banking officer. And controller David Lam was promoted to CFO.