
Cindy Konich retires from FHLBI, Brendan McGrath named successor
Brendan McGrath assumed the role of CEO Oct. 1, 2025, after Cindy Konich’s retirement Sept. 30.

Brendan McGrath assumed the role of CEO Oct. 1, 2025, after Cindy Konich’s retirement Sept. 30.

Jen Severson has been promoted to serve as the company’s president, and Jim Amundsen was hired as CEO.

Cindy retired from the company in June after serving as a communications consultant for nearly eight years.

Achim Griesel has transitioned to president emeritus and Sean Payant, Ph.D., has been promoted to president.

Semi-annual warrant clearing/savings accounts and average daily balance summary report for state deposits in Indiana Financial Institutions.

Four new companies joined the IBA as associate members as of our May/June 2025 issue.

Sarah Moore, president of the company, was appointed in February to also serve as CEO.

Former community banker turned digital strategist Eric Cook was named 2024 Agency of the Year by WSI and 2024 Franchisee of the Year by the International Franchise Association for his outstanding leadership and impact in helping banks navigate the digital world.

Barnes & Thornburg LLP, Indianapolis, added two attorneys as of counsel in the first quarter of 2025.

Daniel Spungen has been promoted to partner in the firm’s Banking & Finance group.

Reading Time: 2 minutesThe IBA is the gold standard that other states try to reach.

Vice President, Community Development Officer – Peoples Bank, Munster

The bank received its charter as the Logansport Building and Loan Association on March 31, 1925.

The new 15,000-square-foot operations center in downtown Huntington brings the bank’s regional staff together under one roof.