
Springs Valley Bank & Trust Company, Jasper

Lisa Brown, compliance officer at North Salem State Bank, retired from the bank in June.

First Farmers Bank & Trust Company, Converse

The chairman & CEO of Lake City Bank, Warsaw, celebrated 25 years with the bank in 2025.

Jeff Goben passed away Sept. 4, 2025. He was 73 years old.

John Hendrich, director of information technology at North Salem State Bank, retired in August.

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.