Lincoln Savings Bank in Reinbeck, Iowa, has added William Peek as its chief risk officer.
“My goal is to bring a proactive and innovative approach to risk management at LSB,” Peek said. “Enterprise risk management is not simply a lending issue — but a holistic approach to managing all types of risk across the entire organization … and something everyone takes part in each day. Maintaining our effective controls and regulatory compliance will continue to support LSB’s stellar reputation and ensure our longevity and profitability.”
Peek has a background in financial services, most recently from the financial services company USAA, where he was a leadership team member whose main role was leading the company’s digital banking strategy transformation.
Prior to his time with USAA, Peek was with BBVA for more than nine years, leading defense teams, new product and business oversight, and developing reputational risk and nonfinancial risk management programs. He led the design and implementation of the US Partnership Program which designed both a control program and execution model for managing strategic banking partnerships through non-traditional engagements.
Prior to the merger between PNC and BBVA, Peek served as director on the Azlo Financial and Upturn boards of directors, both BBVA USA fintech subsidiaries. He helped launch the BBVA Workplace Diversity and Inclusion strategy, serving on the BBVA Employee Engagement Task Force, and served as an executive leader with USAA’s BOLD business resource group for LGBTQ+ employees and allies.
The $1.4 billion Lincoln Savings Bank has 17 branches in Iowa.