Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive.

Defend, who will also serve as president, will step into his new role at the beginning of next year. He succeeds Andrew Grunloh, who is stepping down from the position but will remain with the bank as chief financial officer.

Defend has served as Crossroads' chief loan officer since 2014. Grunloh had served as CEO for the $155 million-asset bank since 2010.

Crossroads operates two branches in Effingham.

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