The Bank Slate


Richmond Mutual in Ind. lines up next bank president

Richmond Mutual Bancorp. in Richmond, Ind., will soon have a new bank president.

The $1.3 billion-asset company disclosed in a regulatory filing that Paul Witte will also become chief operating officer of First Bank Richmond on Jan. 1.

Witte, the bank’s chief lending officer, will succeed Garry Kleer, who will remain the company’s chairman, president and CEO and the bank’s chairman and CEO.

Witte manages First Bank Richmond’s commercial lending department. He co-chairs the officer’s loan committee and member of the executive loan committee. Witte also provides direction and oversight to the leasing department and generally is responsible for reviewing larger leasing credit applications.

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