On December 20, 2017, the Board of Directors of Citizens Community Bancorp, Inc. elected James D. Moll to the Board of Directors as a Class I Director, effective January 1, 2018, to fill the vacancy on the Board created by the resignation of Timothy A. Nettesheim. Mr. Moll will serve on as a member of the Board. As a Class I Director, Mr. Moll will serve until the company's 2019 annual shareholders meeting. Mr. Moll served as the Chief Financial Officer of Wells Financial Corp. and its subsidiary, Wells Federal Bank from 1995 to 2016 and served as the Chief Executive Officer and President of Wells from 2015 until August of 2017 when the sale of Wells to the Company was completed. Mr. Moll also served on the board of directors of Wells from 2013 until the completion of the sale of the company in 2017.