Native American Bank in Denver has a new chief executive.
The $62 million-asset bank, which is owned by 28 Native American tribes, Alaska native corporations and tribal organizations, said Friday that it had hired Tom Ogaard as its president and chief executive, succeeding David Gilman. Ogaard had been the president and CEO of Citizens First Bank in Princeton, Ill., since 2010.
Gilman, who had been Native American Bank's president and CEO since 2008, retired on Jan. 28, a spokeswoman said.
"Native American Bank is preparing to introduce our new President and CEO to tribal businesses and communities to promote the mission of the bank," said Cristina Danforth, who chairs Native American Bancorp, the bank's holding company. "We look forward to having a smooth transition for the current and prospective customers of the bank."
Native American Bank has three branches, including two in Montana.