Community Bank Owatonna in Minnesota appoints new CEO
Community Bank Owatonna in Minnesota has a new CEO.
The $98.4 million-asset bank said that Derek Skala had also become its president.
Skala was vice president of credit, risk and business development at Central Farm Service.
Skala “has built his banking career through progressive leadership roles with experience in credit administration and relationship management, along with a strong specialization in agricultural banking,” the bank said. “Derek also brings experience in small business financing, giving him practical insight into the financial needs and long-term goals of individuals, families and businesses throughout rural communities.”