ON THE MOVE WEL Aurora
OLD SECOND NATIONAL BANK
Sylvia Balogh of Elmhurst was promoted to Executive Vice President of Retail Banking at Old Second National Bank. She continues to head the Bank's retail banking division which now includes 48 branches across the Chicago Metro market following the acquisition of West Suburban Bank in December of 2021. She brings to the Bank over 25 years of banking experience with expertise in regional sales management, business banking, and investment Balogh banking.
BLOOMINGTON, MN UNITED BANKERS’ BANK
Dwight Larsen, President and CEO of United Bankers’ Bank (UBB), is pleased to announce the addition of Brett Staaland to the UBB Investment Services Team. Brett has over 15 years of experience in finance and correspondent banking. A graduate of Southern Illinois University, Brett comes to UBB with an expertise in investment portfolio management.
Staaland
• 30 •
Brett will be based in Stoughton, WI and provide investment solutions to community banks in Iowa and Illinois.
• May-June 2022
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Bushnell
FARMERS & MERCHANTS STATE BANK OF BUSHNELL
The Farmers & Merchants State Bank of Bushnell Board of Directors recently announced promotions and retirement. Michael Steelman has retired from his position of Chairman/ CEO after 38 years of distinguished service. Mike is a graduate of Western Illinois University, Northern Illinois University College of Law, and the University of Wisconsin-Madison Graduate School of Banking. Mike has served as a director of the Federal Home Loan Bank of Chicago since 2011, including Chairman in 2018-2019 and Chair of the Illinois Bankers Association in 2008-2009. He will continue to serve as a director on the Board of Farmers & Merchants State Bank and Prairieland Bancorp, Inc., Chair Emeritus (past chair), and Senior Counsel, working parttime for the Steelman Bank. Former President & COO Douglas Allaman has been named Chairman/CEO of the Bank. Doug directs the lending department of the Bank, serves as Farm Manager and Director of Compliance, and is also a director on the board. Doug is a graduate of the University of Illinois and the Graduate School of Banking at the University of Wisconsin in Madison. He began his employment at Farmers and Merchants State Bank in 1995. He remains active in farming his family's farm near Roseville.
Former Executive Vice President & CFO Connie Morrow has been named President of the Bank. Connie is also a Trust Officer, IRS Enrolled Agent Income Tax Preparer, and a director on the board. Connie began her career with Farmers and Merchants in 1994 and is a graduate of Western Illinois University and the Graduate School of Banking at the University of Wisconsin.
Allaman
Morrow
Galesburg F&M BANK
Mike Holloway, Knox/Warren County President of F&M Bank, is pleased to announce the promotion of three employees. Chris Shultz was promoted to senior vice president, Consumer Lending Manager/F&M Retail Division Manager. In this role, Chris will be the Consumer Lending Manager responsible for the oversight, management, tracking, compliance, and training needed for consumer lending.
Shultz
Chris has been with F&M Bank since June of 1997, and she has been in her current role as VP, Retail Banking Manager since May of 2016. In total, Chris has been in banking for 34 years.
