Sauk Valley Bank & Trust in Sterling, Ill., has its next leader lined up.
The $736.2 million-asset bank said in a LinkedIn post that Brad Ray had become an executive vice president with an expectation that he will become president and CEO in 2027.
Ray previously served as president and CEO of Security Savings Bank.
“We are excited to welcome Brad to our executive management team,” said Dirk Meminger, the bank’s president and CEO, said in the post. “He brings extensive financial experience, deep industry knowledge, and a strong understanding of community‑focused banking.”