NSTS Bancorp in Waukegan, Ill., has a new bank CEO.
The $285 million-asset company said in a press release Tuesday that Nathan Walker had also become its executive vice president. Walker succeeded Stephen Lear as CEO of North Shore Trust and Savings.
Lear remains chairman of the bank and the company’s chairman, president and CEO.
Walker, who joined the company in 1996, has been the bank’s president and chief operating officer since November 2020.
“It has been a tremendous honor to serve as the CEO of the Bank for the past 24 years,” Lear said in the release. “The board and I are confident that Nathan is the right person to continue the traditions and move the bank forward.”