NEW ENGLAND
Merchants Bancshares Inc. of South Burlington, Vt., said Michael Tuttle will become its president and chief executive officer Jan. 1.
He will succeed Joseph Boutin, who plans to resign from those jobs.
Mr. Tuttle will remain the president and CEO of the company's $1.1 billion-asset Merchants Bank. He succeeded Mr. Boutin in those jobs in January.
Before that Mr. Tuttle had been the bank's chief operating officer since 1996. He joined the bank in 1986 as a commercial lender, left in 1990, and returned in 1995 as its senior commercial lender.
MIDWESTCapitol Bancorp Ltd. of Lansing, Mich., has named Cristin Reid English its president of corporate operations.
Ms. English, who joined the company in 1997, was the chief operating officer, the general counsel, and a corporate vice president.
Capitol Bancorp is the $3.9 billion-asset owner of 50 banks in 14 states.
SOUTHEASTFauquier Bankshares Inc. of Warrenton, Va., has hired Gregory D. Frederick as its chief operating officer, a newly created job at the $494 million-asset company, and an executive vice president.
Mr. Frederick had been the president, the chief operating officer, and a director at Virginia Community Bank in Louisa since 2002.
Before that he had been the senior vice president of correspondent banking at RBC Centura Bank. He joined the Raleigh bank in 1988, when it was Centura Bank, and stayed on after Royal Bank of Canada bought it in 2001.
First Bancshares Inc. of Mountain Grove, Mo., has hired Ronald J. Walters as a senior vice president and the chief executive officer of the company and its $227 million-asset First Home Savings Bank.
From December 2003 until January of this year Mr. Walters had been the secretary, the treasurer, the chief financial officer, and a senior vice president at Meta Financial Group Inc., a $738 million-asset, two-bank holding company in Storm Lake, Iowa.
Before that he had worked for 19 years at KFS Bank of Kankakee, Ill., leaving as the CFO of the bank and the treasurer of the bank and its parent company, Kankakee Bancorp. (State Bank of Aviston merged with Kankakee in 2003 to become Centrue Financial Corp.)
WESTNara Bancorp Inc. of Los Angeles has named Min Kim its president and chief executive officer.
Ms. Kim had been the $2 billion-asset bank holding company's interim president since March and its chief operating officer since 2003.
She joined Nara in 1995 as its chief credit officer and a senior vice president. She was promoted to executive vice president when she took the chief operating officer job.
Glacier Bancorp Inc. of Kalispell, Mont., has hired Ron Copher to become its chief financial officer Dec. 18.
He will succeed James Strosahl, who will retire in April after 14 years with the $4.2 billion-asset, 15-bank holding company. Mr. Strosahl will assist with the transition until then.
Mr. Copher is the CFO of Oak Hill Financial Inc., a $1.3 billion-asset bank holding company in Jackson, Ohio.
Before joining Oak Hill in 1999, he had been a partner with Grant Thornton LLP in its Cincinnati and Los Angeles offices. He had also been the accounting firm's practice leader for its financial services industry group.
He has 21 years of financial services experience.
Mr. Copher will leave Oak Hill on Dec. 8. Oak Hill has named Dale B. Shafer, its director of internal audit, to succeed Mr. Copher on an interim basis.
Sterling Bank of Houston has named Sonny Lyles its chief risk officer.
He will remain the chief credit officer of the $4.3 billion-asset unit of Sterling Bancshares Inc., a job he has held since joining the bank in May of last year.
Before that he had been the director of risk management at First American Bank of Bryan, Tex.
Earlier he had been an executive vice president and a manager of credit administration at Compass Bank of Birmingham, Ala. Before that he had held a similar job at Bank United of Houston.
