President McGill Announces Retirement and Names Successor
Nevada, Iowa, January 5, 2023– A Nevada community leader, Steve McGill, President and CEO at State Bank & Trust Co., has announced his retirement. The Board of Directors, officers and staff at State Bank & Trust would like to thank Steve for his tremendous career in community banking.
McGill’s retirement will mark the culmination of a nearly 40-year career in banking. He earned his BS in 1976 at Iowa State University. He began his 23-year career at SBTC in 1999. Upon joining SBTC, Steve became Senior Lender overseeing the agriculture and commercial loan portfolio. A few short years later, McGill became President and CEO. Over his tenure, Mr. McGill has been instrumental in facilitating the Bank’s growth from $100 million in assets to its current $220 million.
Ames National Corporation’s President and CEO, John Nelson says “Steve is a leader who is committed to his customers, employees, and the Nevada community. We are grateful for the considerable banking expertise he and his team contributed to elevate State Bank & Trust Co. to be such a high performing bank during his tenure. We wish Steve all the best in retirement and are excited to have him remain on the bank’s Board of Directors to continue his positive impact on all our stakeholders.”.
McGill welcomes Dan Johnson as the new President and CEO. Dan joined the team at State Bank & Trust Co. in 2008 as a Vice President of Ag and Commercial Lending. In 2011, he was promoted to his most recent role as Executive Vice President/Sr. Lender and a member of the bank’s board of directors.
Additional State Bank & Trust Co. Board members include Michelle Cassabaum, Laurie Henry, Dan Johnson, Jim Kurtenbach, Stephen McGill, and John Nelson.
State Bank & Trust Co. is your local community bank, serving the Nevada and surrounding communities for over 83 years. More information about the Bank can be found at www.banksbt.com. Member FDIC. Equal Housing Lender.