Citizens Community Bancorp, Inc. Announces Board Changes
December 22, 2017 at 09:52 am EST
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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.
Citizens Community Bancorp, Inc. is a bank holding company for Citizens Community Federal N.A. (the Bank). The Bank is a federally chartered national bank serving customers in Wisconsin and Minnesota. Its primary markets include the Chippewa Valley Region in Wisconsin, the Twin Cities and Mankato markets in Minnesota, and various rural communities around these areas. The Bank offers traditional community banking services to businesses, agricultural operators and consumers, including one-to-four family residential mortgages. The Bank offers a variety of loan products including commercial real estate loans, commercial and industrial (C&I) loans, agricultural real estate loans, agricultural operating loans, residential mortgages, home equity lines-of-credit and consumer loans. It maintains a portfolio of investments, consisting primarily of mortgage-backed securities, asset-backed securities, United States Government sponsored agency securities and corporate debt securities.