MIDWEST
Grand Rapids State Bank in Minnesota said that Noah W. Wilcox will become its chief executive officer Jan. 1.
Mr. Wilcox will be the fourth member of his family to lead the bank, following his father, Steve, the current CEO; his grandfather Claire; and his great-grandfather Claude, who bought the bank in 1918.
Noah Wilcox is a vice president with the $248 million-asset bank, where he helps run operations and the finance department. Steve Wilcox will remain the chairman.
MIDDLE ATLANTICDNB Financial Corp. of Downingtown, Pa., has hired Albert J. Melfi Jr. as its chief lending officer and an executive vice president.
He succeeded Thomas M. Miller, who has left the company to join the consulting firm Ardmore Banking Advisors.
Mr. Melfi was a regional vice president overseeing 12 branches at Commerce Bank, a Philadelphia unit of Commerce Bancorp Inc. of Cherry Hill, N.J.
He has 32 years of commercial and consumer lending experience.
DNB Financial owns the $503 million-asset DNB First.
SOUTHEASTGreat Florida Bank of Miami has named Tom Lunak its director of enterprise risk management, a newly created job.
He will oversee the $1.4 billion-asset bank's risk management and internal control processes. He will remain its chief accountant and liaison with federal and state regulators, but he will give up his role as the chief financial officer.
That job has gone to Gary Laurash, who will remain the bank's treasurer.
Capital Bank of Raleigh has named David Morgan an executive vice president.
Mr. Morgan is the Triangle regional president for the $1.4 billion-asset unit of Capital Bank Corp. He joined the bank three years ago after 18 years at Central Carolina Bank, where he had held a variety of jobs.
First Bancorp of Troy, N.C., said that Jerry L. Ocheltree would become the president and chief executive officer of the company and the CEO of its $2.1 billion-asset First Bank on Jan. 1.
He will succeed James H. Garner, who will retire at yearend. First Bancorp said it expects Mr. Garner to sign a one-year consulting contract with the company to help with the transition.
Mr. Ocheltree will remain First Bank's president, a job he has held since September of last year. Before that he had been a senior vice president and a regional executive.
Before joining the bank in 1998 he had been the president of First Virginia Bank-Southeast, which BB&T Corp. bought in 2003. Earlier he had been the president and CEO of Premier Bank South. (First Virginia Banks Inc. bought Premier Bankshares Corp. in 1997.)
