Permanent Bancorp of Evansville, Ind., has promoted executive vice president Murray J. Brown to president, succeeding Donald P. Weinzapfel.

Mr. Brown, who was already president of Permanent Federal Savings Bank, will also take over from Mr. Weinzapfel as its chief executive officer.

Mr. Weinzapfel will remain chairman and CEO of the $507 million-asset holding company, and chairman of the thrift.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.