SB Financial Group, Inc. and The State Bank and Trust Company Announces Board Changes
August 26, 2013 at 11:30 am EDT
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SB Financial Group, Inc. announced that Mr. Thomas L. Sauer will retire as a director of both the company and The State Bank and Trust Company effective August 21, 2013. Upon the recommendation of the Governance and Nominating Committee at its August 21, 2013 meeting, the company also announced that Mr. George W. Carter was appointed to serve as a director on the boards of SB Financial Group and State Bank for the remainder of Mr. Sauer's term, which expires in 2015. Mr. Carter currently serves as the CEO/General Manager of Paulding Putnam Electric Cooperative, and has held this position since 2005.
Mr. Carter is an active member of his community, currently serving on the board of the Northwest Ohio Port Authority; the Buckeye Power (G&T) Board as Trustee; the Paulding Kiwanis Club (Director); and as President of the United Way of Paulding County. He holds a B.A. degree from Oakland University, Rochester, Michigan.
SB Financial Group, Inc. is a financial holding company. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.
SB FINANCIAL GROUP, INC. 
