Jim Nowak retired from United Bankers’ Bank on May 31, 2025.
He joined its securities team in 2002 with eight years of prior experience in asset liability management. Nowak developed and managed the company’s asset/liability model, growing it to serve more than 200 community banks across 15 states.
He is a former faculty member at the Graduate School of Banking at the University of Wisconsin-Madison and a banking columnist for Great Lakes Banker magazine.



David Krause and Brian Young joined the company’s board of directors at its holding company’s annual meeting in April. Krause is CEO of Pioneer Bank, Mankato, Minnesota. He started his banking career in 1984 and has been with the bank since 1986. Young is president and CEO of United Bancshares and The Union Bank Company, Columbus Grove, Ohio.
At the same meeting, Dean Miller, president and CEO of First National Bank, Bellevue, Ohio, retired from the company’s board after completing a nine-year term.






