Manitowoc, Wis.-based Bank First Corp. announced the retirement of board member Robert Holmes and appointed Timothy McFarlane to the board.
Holmes joined the board of Bank First Corp. and Bank First three years ago following the bank’s acquisition of Tomah, Wis.-based Tomah Bancshares, Inc., where he served as executive chair of the board. Holmes, who has spent more than 40 years in the financial services industry, started his career in 1975 by founding First Insurance Services, Inc. He was a co-founder and director of ethanol company Advanced Bioenergy from 2005-15, and ventured into several real estate businesses.
“Robert has provided invaluable insights into acquisition structuring, regulatory guidance and strategic and corporate planning, adding strength and depth to the board,” stated Bank First Corp. CEO Mike Molepske. “We are thankful for his expertise and dedication which have influenced our growth and success. His remarkable contributions will be remembered and appreciated.”
McFarlane joined Bank First as bank and corporation president. McFarlane is a president, CEO and board Chair of Fond du Lac, Wis.-based Hometown Bank, where he led the 2015 and 2018 acquisitions of Neshkoro, Wis.-based Farmers Exchange Bank and south-central Wisconsin-based United Community Bank, respectively.
“We are delighted to welcome Tim to our board of directors,” Molepske said. “His vast experience, proven leadership, and deep commitment to community development make him an ideal fit for our organization. We look forward to his contributions as we continue to pursue our mission of delivering innovative solutions and making a positive impact in the communities we serve.”