The following officer promotions were approved at the November Bankers’ Bank Board of Directors meeting, effective January 1:
• Pete Aarsvold - Commercial Banking - promoted to First Vice President - Commercial Banker
• Theresa Hauri - Commercial Banking - promoted to Commercial Administrative Officer
• Linda Lease - Commercial Banking - promoted to First Vice President - Commercial Banker
• Kevin Means - Commercial Banking - promoted to First Vice President - Commercial Banker
• Deanna Oetzel - Community Mortgages - promoted to Assistant Vice President
• Troy Rueggsegger - Correspondent Banking - promoted to Vice President - Correspondent Banker
• Holly Somers - Commercial Banking - promoted to Credit Officer
These staff promotions also went into effect on January 1:
• Amber Benjamin - Account Services - promoted to Electronic Services Manager
• Mike Scharenbroch - BankCards - promoted to Community BankCard Supervisor - Coordination and Analytics
Amanda James has joined Bankers’ Bank as Vice President, Correspondent Banker, responsible for supporting and building customer relationships in the greater Chicago area. Amanda spent the past three years in Chicago managing mortgage customer relationships across the Midwest. She also held positions in Real Estate Services, Property Management, and Asset Recovery at a corporate relocation company headquartered in Connecticut. Amanda has a Bachelor’s degree in Vocal Performance from Boston University and worked in classical music management in New York City early in her career.
Bankers’ Bank is pleased to announce that Vice President and AAP, Troy Ruegsegger, will be moving to our Correspondent Banking Team as a Correspondent Banker for Southern Wisconsin. Troy joined Bankers’ Bank in 2002 and has been a key contributor in the Deposit Operations area, with a focus on International Money Services. He will transition to his new role by the end of January. In addition to assisting the needs of banks in Southern Wisconsin, Troy’s extensive background and accreditation will enable him to work closely with the other Correspondent Bankers to further streamline cashletter transitions and coordinate beneficial account solutions for current customers and prospects across the Midwest.
Tom Thompson recently joined Bankers’ Bank as First Vice President – Commercial Banker, with relationship and business development responsibility in the Northern Illinois area. He has extensive experience in business development with commercial banks and financial institutions, covering asset-based and cash flow lending. His 30 years in commercial lending includes roles in audit, underwriting, credit analysis, portfolio management, credit restructuring, and originations. Tom joins Bankers’ Bank after spending the last 10 years with a Chicago-based commercial bank. Tom received a BS degree from the University of Illinois - Champaign and an MBA in finance and marketing from the University of Illinois – Chicago. He is also very honored to serve as a Board Member for Special Olympics Illinois since 2008.
Terry Buhler joined Bankers’ Bank on September 30th as First Vice President heading up our Mortgage department. He has over 30 years of experience in the mortgage industry with wide-ranging capability in the residential mortgage area. Terry has spent the last 20 years with a Madison-based bank overseeing various areas of the residential mortgage area. We anticipate community mortgages to grow significantly in the coming years and we’re glad to have someone with his experience leading those efforts.
Matthew Sitkowski joined Bankers’ Bank on September 29th as Executive Vice President and Chief Financial Officer. He has extensive experience in community banking in the areas of finance, accounting, operations, information technology, human resources, compliance and strategic planning. Most recently, Matt was EVP and CFO for a $500 million asset community bank in the Chicago area. In addition to overseeing our Finance department, Matt will have the IT, Operations, and HR departments reporting to him as well.
Please join us in welcoming Terry and Matt to the Bankers' Bank team!