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Top banking moves: TrustCo Bank Corp NY names chair; Movement Bank appoints CEO

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Top banking moves: TrustCo Bank Corp NY names chair; Movement Bank appoints CEO

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

Dec. 27

Morris Maurer will retire as president and CEO of National Bank of Indianapolis on Jan. 4, 2019, the Indianapolis Business Journal reported.

He will be replaced by Mark Bruin, who has served as executive vice president and chief banking officer at the bank for the past seven years.

Dec. 26

Woodbridge, N.J.-based Northfield Bancorp Inc. unit Northfield Bank appointed David Fasanella executive vice president and chief lending officer. Fasanella's appointment will take effect Jan. 1, 2019.

Dec. 24

Lorain, Ohio-based Buckeye Community Bank, a unit of Buckeye Bancshares Inc., named Ben Norton president of the bank, The Morning Journal reported. Norton is assuming the role from Bruce Stevens, who will remain CEO of the bank.

Norton, who has served as Buckeye's executive vice president and COO since 2012, will start his new job Jan. 1, the news outlet reported. He will keep his COO responsibilities, as well.

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Sandusky, Ohio-based Civista Bancshares Inc.'s senior vice president, general counsel and corporate secretary, James McGookey, is retiring.

McGookey's retirement will take effect Dec. 31.

Lance Morrison, who joined Civista as senior vice president in the fall, will assume the position of general counsel for both Civista and unit Civista Bank upon McGookey's retirement.

Dec. 23

Jason Belcher, senior vice president and chief risk officer of First Community Bankshares Inc. unit First Community Bank and a current named executive officer of the company, formally rescinded his resignation. He will now remain with First Community Bank as senior vice president and chief administrative officer.

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Stephen Mourlam, interim CFO of Webster City, Iowa-based WCF Bancorp Inc. and unit WCF Financial Bank, retired.

The company appointed Paul Moen as its new interim CFO under a consulting agreement having a term of Dec. 26, 2018, through June 30, 2019.

Dec. 21

Sevierville, Tenn.-based Citizens National Bank promoted Jason Holliman to president. David Verble will continue as the bank's CEO.

The bank also promoted Anthony Ray to CFO and senior vice president. Ray has been the bank's controller since 2015.

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Maine-based Camden National Corp. Executive Vice President and Chief Credit Officer Edmund Hayden III resigned.

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Danville, Va.-based Movement Bank named David Rupp CEO. He will succeed Tom Smith, who will retire at the end of 2018.

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Renton, Wash.-based First Financial Northwest Inc. appointed Randy Riffle executive vice president and chief credit officer of unit First Financial Northwest Bank.

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Boston Private Bank & Trust Co. named Paul Simons executive vice president and chief of corporate strategy and development, a newly created role.

Dec. 20

Glenville, N.Y.-based TrustCo Bank Corp NY named Dennis De Gennaro independent lead director and Robert McCormick board chair.

TrustCo Bank Corp. amended its corporate governance guidelines by adding the position of an independent lead director and removed the requirement of having the board chair be an independent director. The changes affect the company and subsidiary TrustCo Bank.

De Gennaro's appointment will be effective Jan. 1, 2019. Both De Gennaro and McCormick will serve a term ending Dec. 31, 2019, or the date the board elects their respective successor, whichever is earlier.

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Vice Chairman Barron McCune Jr. is retiring from the boards of CB Financial Services Inc. and unit Community Bank, effective Jan. 1, 2019.

The Carmichaels, Pa.-based company named McCune emeritus director. Ralph Burchianti will take over for McCune on both boards effective Jan. 1. Burchianti, who has served as executive vice president and chief credit officer of Community Bank, will serve in the company's class of directors with terms expiring in 2021.

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CFG Community Bank promoted William Wiedel Jr. to president and CEO, The Baltimore Sun reported.