NEW ENGLAND
First National Bank of Ipswich in Massachusetts has hired Russell G. Cole as the president of its northern division.
Mr. Cole was the president and chief executive officer of GSBI Insurance Group, a Portsmouth, N.H., unit of Chittenden Corp. of Burlington, Vt. He had been the president and chief operating officer of Chittenden's Ocean National Bank from 1995 to 2003.
First National Bank of Ipswich has $387 million of assets. Its holding company is First Ipswich Bancorp.
MIDWESTInvestors Management Group Ltd. of West Des Moines has made chief investment officer Jeffrey D. Lorenzen its president too.
Mr. Lorenzen has been the CIO of the Amcore Financial Inc. unit, which has $4.4 billion of assets under management, since 2003. He joined it in 1992.
Amcore Financial is the parent of Amcore Bank of Rockford, Ill., which has $4.9 billion of assets.
WESTHeritage Commerce Corp. of San Jose has hired Walt Kaczmarek as the president and chief executive officer of the company and its $1.2 billion-asset Heritage Bank of Commerce.
He has also been named to their boards.
Mr. Kaczmarek was the executive vice president of middle-market and private banking for Comerica Bank's western region. He joined Comerica in 1992 when it bought his employer, Plaza Bank of Commerce in San Jose.
American River Bankshares of Sacramento has promoted senior vice presidents Douglas E. Tow and Kevin B. Bender to executive vice president.They have also been named to the executive management committee of the company, which owns the $586 million-asset American River Bank.
Their jobs did not change. Mr. Tow, who joined the company in 1994, is its chief credit officer. Mr. Bender, who joined in 1986, is the chief information officer.
Charter Oak Bank, a start-up in Napa, Calif., has hired Mary Leonard-Wilson as its chief credit officer and an executive vice president.Ms. Leonard-Wilson had the same job at National Bank of the Redwoods, a $506 million-asset unit of Redwood Empire Bancorp in Santa Rosa. She has 25 years of commercial banking experience.
Charter Oak Bank opened for business Dec. 17. It has $19 million of assets.
Security Business Bank of San Diego has hired Mikalyn Mellby as the vice president of commercial lending for the city's East County area, a new market for the $92 million-asset bank.Ms. Mellby was a senior vice president of business development and branch management at Cuyamaca Bank of Santee, Calif. (Community Bancorp Inc. of Escondido, Calif., bought Cuyamaca in October.) She has 21 years of business banking experience.
SOUTHEASTNBC Capital Corp. of Starkville, Miss., has named Cliff Hunt to its board.
He was already a director of the $350 million-asset Enterprise National Bank, which NBC bought last year. (NBC also owns the $1.1 billion-asset National Bank of Commerce in Starkville.)
Mr. Hunt is the president of Standard Construction Co. Inc., a family-owned asphalt paving company in Memphis.
MIDDLE ATLANTICFidelity Bancorp Inc. of Pittsburgh has named Christopher S. Green to its board and to that of its $650 million-asset Fidelity Savings Bank.
Mr. Green is the managing partner of Green & Bridges LLP, a public accounting firm in Carnegie, Pa.
