Horicon Bank in Horicon, Wis., has a new president with a familiar name.
The $1.2 billion-asset bank named Fred C. Schwertfeger to succeed his father, Frederick F. Schwertfeger, according to multiple news outlets. The elder Schwertfeger remains CEO.
Horicon is a unit of Sword Financial.
The younger Schwertfeger, who previously was chief strategy officer, serves on the board of the bank and the holding company.
“I’m humbled by the responsibility the board asked of me to care for our communities, our customers and our associates,” the new president told the Washington County Insider. “I enjoy contributing to an organization that strives to make lives better in our communities and look forward to helping their continued growth.”