Mary Hartman is retiring as president and CEO of State Bank in Freeport, Ill., a subsidiary of Foresight Financial, Winnebago, Ill.
She will remain with the bank through second quarter 2021 in order to ensure a seamless transition. Foresight’s board has begun its search for her successor.
“We wish Mary the best in retirement. Her contributions to State Bank are many,” said Ken Thompson, board chair of the $1.3 billion Foresight. “The leadership and service Mary provided to the staff, customers and community during her tenure preserved the unique culture of service the bank was founded on. Mary is a critical partner with the staff and board as we identify and transition to new leadership.”
Hartman joined the $300 million State Bank in 2003 and has been president and CEO since 2014 after serving as executive vice president. Previously, she spent more than 20 years with Fifth Third Bank, Cincinnati.
She has a Bachelor of Business degree from Western Illinois University, Macomb.
Foresight operates five other charters in Illinois: German-American State Bank, German Valley; Lena State Bank, Lena; Northwest Bank of Rockford; State Bank of Davis and State Bank of Herscher.