Jacqueline Ruge-Perkins was named president and chief CEO of First State Bank of Porter, Ind., which has three branches in Porter, Chesterton and Pines, Ind.
Ruge-Perkins has been with the $140 million bank since 1986, including most recently as an executive vice president.
“I am excited to continue to achieve the bank’s strategic goals in 2019 and beyond through the support of the stockholders, board, staff, and loyal customers,” Ruge-Perkins said.
James Ruge, the previous bank president, will stay on as chair of the board and advise the management.
“Jackie’s education, intellectual capacity, and more than 32 years of experience and dedication to Porter Bank make her the right person to lead the bank into many more successful years,” said bank chair Ruge.
Ruge Perkins has a Bachelor of Arts degree from Purdue University, West Lafayette, Ind., and is a graduate of the Graduate School of Banking at the University of Wisconsin-Madison.
Founded in 1920, First State Bank of Porter has been managed by the Ruge family since the 1960s.