Cortland Bancorp in Cortland, Ohio, is set to add a pair of former bankers to its board.
The $570 million-asset company said in a press release Tuesday that Thomas Perciak will become a director on Friday, with a term set to expire at next year's annual meeting. Perciak, the mayor of Strongsville, Ohio, is a former chief executive of Emerald Financial, a thrift holding company that was sold to Fifth Third Bancorp in 1999. Perciak was an executive at Fifth Third from 1999 to 2004.
Cortland also appointed Martin Erbaugh to fill a second vacancy. He is president of JM Erbaugh Co., a private investment firm that focuses on real estate development and service-oriented startups. Erbaugh was a founder and director of Morgan Bancorp in Hudson, Ohio, from 1990 to 2007, serving as its chairman from 2002 to 2007.