PRESS RELEASE

For Release on or after December 16, 2019

Contact:

Mr. Jim Muller, Executive Vice President

First National Bank, Cortez

(970) 565-3781

First National Bank, Cortez Announces Leadership Transition

 

Steve Keetch, Chairman of the Board of Directors at First National Bank, Cortez, today announced that Jim Muller will be assuming the role of President at the Bank effective January 1, 2020. Ken Perry, who has served as the Bank’s President since July 2017, will remain as a key member of the management team at the transition date and continue to lead the Bank’s agriculture lending program. Both Muller and Perry will continue to serve on the Bank’s Board of Directors.

“One of the most exciting things about this transition is that we are retaining our employees,” said Keetch. “While titles and responsibilities will shift in the upcoming year, the Bank will continue to benefit from the combined expertise of Ken and Jim, who collectively bring 60 years of banking experience to the institution.”

Muller, who has been with the Bank since 2007, has most recently served as the Bank’s Executive Vice President and Senior Loan Officer, specializing in commercial lending. “I’m honored to lead this great organization and I look forward to ensuring the Bank continues to provide excellent banking services to our customers” Muller added. “What sets First National Bank, Cortez apart, is our employees. We have a great team and a great culture that serves our community well.”

Perry has been with the Bank since 2013. During his tenure, he has grown the Bank’s agricultural lending portfolio and strengthened overall operations at the Bank through the expertise gleaned from 35 years in the financial services industry. “It has been an honor serve as President and lead a dedicated team of people who work diligently to meet the needs of our customers,” said Perry. “It is my privilege to continue pursuing what I am passionate about – serving the local farmers and ranchers in this community.”

With Muller moving into the President role, Cassie Alexander will step into the Senior Loan Officer position. Alexander, currently Vice President – Commercial Lending, has been with the Bank since March 2019. In her role as Senior Loan Officer, Alexander plans to further enhance the great loan products offered by First National Bank, Cortez by expanding the specialized lending programs. “I am excited to be part of the exceptional team here at First National Bank and for the opportunity to continue to grow upon the strong core values set by Ken and Jim in helping our customers and community thrive.”

“The Board of Directors are confident in the Bank’s continued success under Jim’s leadership, built upon the strength of the foundation laid by Ken during his tenure as President,” said Keetch. “Our stockholders, employees, customers, and community are fortunate to have such dedicated individuals at the helm who are devoted to upholding the crucial position community banks fill in the fabric of our country.”