First Central State Bank CEO Brigham Tubbs has announced three promotions.
Matt McGuire, Caleb Jacobi and Carrie Carter have all been promoted at First Central, which has several locations in eastern Iowa, including Clinton, DeWitt, Eldridge, Goose Lake, LeClaire and Long Grove.
McGuire and Jacobi were promoted to Assistant Vice President, while Carter has been named the Loan Department Manager. McGuire was previously a commercial and agriculture loan officer. Jacobi formerly was a commerical loan officer and Carter has served in multiple positions during her 10-year career, most recently as credit analyst.
Tubbs said he was proud of McGuire, Jacobi and Carter for all they have done while being First Central employees.
“All three of these individuals have been dynamic team members during their tenure at First Central State Bank,” Tubbs said. “It’s been wonderful seeing them grow in their positions and impacting our clients in a positive way.”
Jacobi has been with First Central State Bank since 2012 at the LeClaire office. He graduated from St. Ambrose University in 2003.
Following a 26-year career at a plumbing and heating wholesale business, McGuire joined First Central State Bank five years ago at the DeWitt office. He is a graduate of Central DeWitt and Kirkwood Community College. He still actively maintains a farm in Clinton County.
Gateway State Bank and First Central State Bank, both owned by Ohnward Bancshares, Inc., recently merged, creating the avenue for for the new Loan Department Manager position.
Tubbs applauded the department’s vision and cohesiveness during this transition.
As Loan Department Manager, Carter will provide guidance and support to lenders and the loan support team.
Ohnward Bancshares, Inc., a billion-dollar plus holding company with 19 financial offices in Eastern Iowa including Maquoketa State Bank with offices in Maquoketa, Andrew, and Preston; Ohnward Bank & Trust with offices in Baldwin, Cascade, Monticello, Marion, Central City and Cedar Rapids; First Central State Bank with offices in DeWitt, Long Grove, LeClaire, Clinton, Goose Lake and Eldridge. Trust services are offered through all banking offices under the Ohnward banner, which includes Ohnward Insurance Group, Central Realty, Ohnward Financial Advisor Services, Ohnward Farm Management, Ohnward Tax, Accounting and Business Services, Vosler Investment Group and Ohnward Wealth & Retirement.
Ohnward Bancshares, Inc., has assets of $1.1 Billion, capital of $150 Million and employs over 260 full and part time employees. Ohnward is locally owned by shareholders living primarily in Jackson, Clinton, Scott, Jones, and Linn Counties. Bank management’s focus continues to be helping clients and communities grow and prosper. The banks and ancillary businesses have a strong record of community and economic development, and educational and cultural support within the markets they serve.