Farmers and Merchants Bank in Boswell, Ind., will soon have a new president.
The $200 million-asset bank said in a press release that Donald Blume will succeed Grant Whaley on Jan. 1. Whaley will remain chairman and CEO.
Blume is an executive vice president at the bank and a director at parent Farmers and Merchants Bancorp.
“I know Donald will be a great leader for our bank and help us continue to grow and serve our community,” Whaley said in the release. “Donald has been instrumental in helping grow our bank and leading our lending operation. He understands that in this position, the main responsibility is to serve others rather than being served, which he has already demonstrated with his lending team.”