Strategic Insights into Banking & Fintech

Fowler State in Indiana taps insider as next president

Fowler State in Indiana taps insider as next president

Fowler State Bank in Fowler, Ind., will begin 2026 with a new president. The $198.5 million-asset bank said in a press release that Courtney Rooze will take on the new role on Jan. 1. Court, the bank's senior ag lender, will succeed Steven Brunton, who will remain CEO. Brunton plans to fully retire in March 2027.

September 15, 2025
Range Bank in Michigan lines up CEO succession for late 2026

Range Bank in Michigan lines up CEO succession for late 2026

Range Bank in Marquette, Mich., has lined up its CEO succession. The $575.2 million-asset bank said in a press release that Jamey Markham will also become president in December 2026. Markham, the bank's chief lending officer and community bank president, will succeed Roxanne Daust when she retires. Daust joined Range Bank in 1997 as chief financial officer. She took over leadership in 2018. Markham joined the bank in 2002. “Since

September 15, 2025
Bank of Franklin to buy Mississippi branch from BankPlus

Bank of Franklin to buy Mississippi branch from BankPlus

Bank of Franklin in Meadville, Miss., has agreed to buy a branch from BankPlus in Belzoni, Miss. The $249.5 million-asset Bank of Franklin plans to buy a branch in McComb, Miss. The price wasn't disclosed. The branch had $63.5 million of deposits on June 30, representing about 7.6% of McComb's overall deposits, according to data from the Federal Deposit Insurance Corp. “We are thrilled to welcome the customers of BankPlus

September 15, 2025
Bank of America names co-presidents in potential succession move

Bank of America names co-presidents in potential succession move

Is Brian Moynihan setting the stage for naming a successor at Bank of America? Moynihan, the Charlotte, N.C., company's chairman and CEO, said in a press release that Dean Athanasia and Jim DeMare had been named co-presidents. Athnasia was president of regional banking, while DeMare was president of global markets. Alastair Bothwick, the company's chief financial officer, was elevated to executive vice president. Moynihan, who has led BofA since 2010, made

September 12, 2025
First Fed in Washington hires Curt Queyrouze as CEO

First Fed in Washington hires Curt Queyrouze as CEO

First Northwest Bancorp in Port Angeles, Wash., hired Curt Queyrouze as its CEO. The company said that Queyrouze will also become its president and join the board on Sept. 17. “It's a privilege to step into this role at a company with such a long-standing reputation," he said in the release. "First Fed has a remarkable 100-year-plus history, and my goal is to honor that by continuing to deliver long-term

September 12, 2025
First Heritage Bank in Kansas brings on sixth-generation leader

First Heritage Bank in Kansas brings on sixth-generation leader

First Heritage Bank in Centralia, Kan., has its first new leader in 48 years. The $266.1 million-asset bank said in a press release that Tyler Bachman had succeeded his father, Bruch Bachman, as CEO. Tyler Bachman, who remains the bank's president, is the bank's sixth-generation leader.

September 11, 2025
Proposed Washington de novo aiming for MDI status

Proposed Washington de novo aiming for MDI status

A proposed bank in Washington aims to become a minority depository institution. Organizers of the planned United Development Bank made the disclosure in their application with the Federal Deposit Insurance Corp. United Development will operate one branch at its main office in Bellevue, Kirkland, or Redmond. United Development Bank is expected to open on or around May 15. Information about initial capital was redacted. Charlie Guildner, a former president and CEO of

September 11, 2025
First Internet in Ind. to sell nearly $900M of lease financing loans

First Internet in Ind. to sell nearly $900M of lease financing loans

First Internet Bancorp in Fishers, Ind., has agreed to sell a portfolio of lease financing loans. The company disclosed in a regulatory filing that it plans to sell up to $896 million of performing single-tenant lease finance loans to entities affiliated with Blackstone Real Estate Debt Strategies. The expected price would represent about 95% of the portfolio's unpaid principal balance, including transaction costs. The sale is expected to close on

September 10, 2025