Rocky Mountain Bank President Announces Departure
BILLINGS, Mont.--(BUSINESS WIRE)-- Rocky Mountain Bank announced today that Danny T. Skarda, the bank's president and CEO, will be leaving the bank effective April 24, 2013. Skarda will join Herring Bank in Amarillo, Texas as its president and CEO.
In making the announcement, Wallace E. Anderson, chairman of the Rocky Mountain Bank board of directors, said, "We are very sorry to see Danny leave. Under Danny's leadership the bank has grown by nearly $150 million in assets, opened four new branch office locations and expanded the bank's mortgage lending operation to include Boise, Idaho; Buffalo, Wyoming and Missoula, Montana. Along the way, Danny has built a team of solid community bankers across our Montana footprint. In 2012, Rocky Mountain Bank experienced one of its best years ever."
Anderson announced that Curtis Chrystal, the bank's executive vice president and chief credit officer, will serve as interim president and CEO. "With over four years at Rocky and 32 years of bank credit and lending experience, Curtis is the perfect executive to lead the bank at this time," added Anderson.
Chrystal's experience includes positions as regional president with U.S. Bank, business banking manager at Wells Fargo Bank and President and CEO at First National Bank & Trust in Junction City, Kansas. His background includes significant expertise in commercial lending, commercial real estate and agricultural lending.
Skarda commented, "This is indeed a difficult step for me, but I am confident that the bank is well-positioned to continue its recent successes. While I am sad to leave Montana, this move takes my wife and me back home and brings our families closer together. I will always have very fond memories of the people and incredible places in Montana."
About Rocky Mountain Bank
Rocky Mountain Bank, a subsidiary of Heartland Financial USA, Inc., (NAS: HTLF) , is a state chartered bank with more than $466 million in assets with offices in Bigfork, Billings, Bozeman, Kalispell, Plains, Plentywood, Stevensville and Whitehall. The bank is headquartered at 2615 King Ave. W. in Billings, Montana. The bank specializes in business and personal lending and deposit services along with complete electronic banking programs. Visit www.rmbank.com or call 406.656.3140 to learn more. Rocky Mountain Bank is a member of the FDIC and an Equal Housing Lender.
Rocky Mountain Bank
Wallace E. Anderson, 406-698-3000
Chairman of the Board
KEYWORDS: United States North America Montana
The article Rocky Mountain Bank President Announces Departure originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.