A leadership succession plan is underway at Bloomington, Ill.-based HBT Financial. Effective May 24, Heartland Bank Chair and CEO Fred Drake will transition to executive chair of both the bank and its holding company, HBT Financial, Inc. President and Chief Operating Officer J. Lance Carter will become president and CEO of both $4.1 billion HBT … Read more
Chris Frederick was named president and CEO of Corydon, Ind.-based First Harrison Bank. Joshua Stevens was named CFO of both First Harrison and its holding company, First Capital, Inc. Frederick, 55, previously served as CFO of both the $1.15 billion, southern Indiana-based bank and holding company. He’s been affiliated with First Harrison since 1990. First … Read more
Marion, Ill.-based Banterra Bank hired Joe Gliosci Jr. as senior banker for southern Illinois. Gliosci has served in regional executive roles since 2005, most recently as Illinois region president for Legence Bank, Benton, Ill. He has a Bachelor of Business degree from Western Illinois University, Macomb, and took extended financial courses at Montana State University, … Read more
Prevail Bank promoted Vinny Ritchay to vice president of commercial credit in Wisconsin Rapids. Ritchay, who graduated with a business administration degree from the University of Wisconsin-Stevens Point, has a dozen years of credit experience. “He has a great work ethic, and we feel he has earned this opportunity to continue to further his career,” … Read more
Fond du Lac, Wis.-based National Exchange Bank & Trust recently promoted eight employees, including: Mitchell Frydrych to chief technology officer. Frydrych joined the $2.6 billion bank in 2017 with more than a decade of banking and IT experience. He has a bachelor’s degree from the University of Wisconsin-Green Bay and a master’s degree from the … Read more
Des Moines-based Iowa State Bank recently hired a vice president and a private banker. Darlene Ackley-Raymond, FLA, joined Iowa State Bank last September as vice president with more than 40 years of real estate lending and loan auditing experience in Iowa. “(Ackley-Raymond) is responsible for developing and managing residential mortgage and consumer loan growth through … Read more
Green Bay, Wis.-based Associated Bank hired Peter Malmstrom as senior vice president and regional senior credit officer. Malmstrom, who is based in St. Paul, has more than 20 years of banking experience. “Most recently, he held the position of chief credit officer at a local community bank in Minneapolis,” the bank stated. “Prior to that, … Read more
Wisconsin-based Port Washington State Bank named Joe Loebl vice president and bank secrecy officer. Loebl has 17 years of experience in financial services, including 13 as a Bank Secrecy Act and Anti-Money Laundering compliance professional. Loebl has a Bachelor of Arts degree from Denison University, Granville, Ohio. Loebl, who is certified by the Association of … Read more
The Wisconsin Department of Financial Institutions appointed Kim Swissdorf as administrator of its Division of Banking. Swissdorf leads 52 employees and oversees the division’s regulation and supervision of state-chartered banks, savings institutions and consumer financial services industries. “[Swissdorf] is a great addition to the DFI leadership team with her extensive leadership experience in state government … Read more
Oregon, Wis.-based One Community Bank promoted Mike Tallman to senior vice president and director of technical solutions. Tallman has more than 25 years of technology experience, including in banking, health care, education and fine arts industries. “Since joining OCB, Mike has excelled at leading the technology team. He has created a dynamic, solution-oriented technology team,” … Read more