
North Salem expands board, appoints Joyce
North Salem State Bank appointed Jeff Joyce, its chief financial officer, to its board of directors effective January 1, 2026.

North Salem State Bank appointed Jeff Joyce, its chief financial officer, to its board of directors effective January 1, 2026.

Andy Murray joined First State Bank of Middlebury’s board in January after a 30-year career in the recreational vehicle industry.

O’Connor retired in January after 10 years as a director and more than 40 years in Indiana’s banking industry.

Larry Myers has joined the board of First Merchants Bank, Muncie, following its acquisition of First Savings Bank, Jeffersonville.

Dennis Dye & Rodney Betzner joined the board of GBC Bank, Greenfield, on Feb. 1.

Jim Miller and Steve Smith served more than 50 years combined on the bank’s board.

Rob Henderson joined the board of directors of the bank and its holding company effective Jan. 1. 2026.

David M. Findlay has taken his seat as 2026 chairman of the Indiana Bankers Association Board of Directors.

David L. Hardy was appointed to the boards of Stock Yards Bank & Trust Company, Louisville, and its holding company in October.

Alliance Bank, Francesville’s 16-member Junior Board of Directors gathered for an orientation session this fall.

The all-cash deal is valued at $40 million.

Reading Time: 4 minutesCommunity banks are the backbone of local economies, and the regulatory environment that governs them is undergoing significant change.

North Salem State Bank appointed Jeff Joyce, its chief financial officer, to its board of directors effective January 1, 2026.

Reading Time: 4 minutesMarket adjustments, counteroffers and off-cycle raises, while well-intentioned and driven by legitimate business needs, pose a common, source of employment litigation risk.