Bank of Bird-in-Hand in Pennsylvania has hired a president and chief executive.

Alan Dakey was previously chief executive of Peoples Financial Services in Hallstead, Pa. He left Peoples after it bought Penseco Financial Services in Scranton, Pa., in November 2013.

Dakey succeeded Lori Maley at the $64 million-asset Bank of Bird-in-Hand. Maley, who had been interim CEO, will remain the bank's chief financial officer. The bank's previous CEO, Brent Peters, retired in June due to health issues. Peters remains vice chairman.

Bank of Bird-in-Hand was formed in December 2013, becoming the first de novo bank approved nationwide in more than two years. The bank was organized by a group of Amish businessmen and its board includes Amish and non-Amish members.

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