IF Bancorp in Watseka, Ill., has named Linda Hamilton chief operating officer.
Hamilton, 59, will assume her new position at the $564 million-asset company in October. She will replace Walter Hasselbring, who will step into the role of president and chief executive at that time.
Hasselbring, who was announced as the company’s next CEO in April, will succeed Alan Martin, who will retire at the end of this month.
Hamilton joined Iroquois Federal Savings and Loan Association in November as community president for the Champaign/Savoy, Ill. Market. Previously, she was chief operating officer at Freestar Bank in Champaign, Ill.