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Community State Bank president Croy to retire

Successor Scanlan promoted from within bank

Published: Thursday, Nov. 29, 2012 1:15 a.m. CDT
Caption
(Philip Marruffo/pmarruffo@saukvalley.com)
Margery Croy, president and chief executive of Community State Bank of Rock Falls and Community Illinois Corp. for a decade, will retire at year's end.

ROCK FALLS – Margery Croy, president and chief executive of Community State Bank of Rock Falls and Community Illinois Corp. for a decade, will retire Dec. 31, the board of directors announced Wednesday.

According to a news release, Croy’s successor as president and CEO is Sally Scanlan, who has been with the bank since 1998. Scanlan has been a cashier, vice president and cashier, secretary to the board of directors, and director and secretary/treasurer of Community Illinois, the bank’s holding company.

Community State is a locally owned bank with branches in Sterling, Morrison, Fulton and Dixon.

Croy, 72, of Morrison, has been president at large since 2002. She was president of the Morrison branch for 6 years before that, and has been an officer of the bank since 1975. She also has served on the bank’s and Community Illinois’ boards of directors.

Croy is “a person blessed with a vision of how a bank can best serve its community,” Louis Pignatelli, chairman of the bank’s board of directors, said in the release.

Scanlan, 56, lives in Rock Falls with her husband, Nim Scanlan. She graduated from Tampico High School in 1974.

Karen Reynolds was promoted to president of the Sterling branch; Kevin Schisler was promoted to president of the Morrison branch; and Patricia Housenga was promoted to vice president of the Fulton branch, the release said.

 

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