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Michigan-based 1st State Bank president/CEO to retire, successor named

Rick Goedert is set to retire as president and CEO of Saginaw, Mich.-based 1st State Bank on April 12.

Goedert, who will remain on the bank's board, will be succeeded by James Milroy, who will become president and CEO in April.

Milroy joined the bank in 2007 as CFO and joined the bank's board in May 2018.