21 Hoosier Banker January 2015 IBA Presents 2015 Board of Directors The activities of the Indiana Bankers Association operate under the guidance of the Association’s board of directors. Acting as governing body of the IBA, the board consists of 21 members: three elected officers, one past chairman, the Association president/CEO, two representatives of national associations, the Future Leadership Division president, a nonIndiana headquartered bank director and 12 representatives from four IBA geographical regions. The functions of the board are to develop IBA policy and to establish long-range goals and objectives. The board also helps determine IBA’s legislative programs and positions on issues affecting the banking community. The IBA board acts with the same authority as the board of a bank or a corporation. An executive committee — composed of the chairman, first and second vice chairmen, immediate past chairman, Association president/ CEO and two appointed directors — is authorized to act in lieu of the board between regular board meetings. Officers serve one-year terms and are elected by the entire membership at the IBA Annual Convention. Members of the 2015 board assumed their positions on Jan. 1. Directors are listed by the capacities in which they serve. Officers Larry W. Myers, IBA chairman, is president and chief executive officer of First Savings Bank, Clarksville. He additionally serves on the bank’s board of directors and as president of the First Savings Charitable Foundation. Myers joined First Savings Bank in 2005 as chief operating officer and was named to his current position in 2006. He previously served since 1982 with National City Bank, most recently as area president of Southern Indiana. Myers is a member of the St. Louis Federal Reserve Community Depository Institutions Advisory Council and has served the American Bankers Association on the Community Bank Council and Mutual Council. He currently is chairman of the Lincoln Heritage Council of Boy Scouts of America and is active with the One Southern Indiana-Chamber of Commerce. A certified trust financial adviser, Myers earned bachelor’s and MBA degrees from the University of Kentucky, has completed the Graduate School of Banking of the South and the Cannon Trust School, and holds Series 7 and Series 66 licenses. He previously served the IBA as first vice chairman, second vice chairman and southeast region director. Michael H. Head, first vice chairman, is president, chief executive officer and a director of First Federal Savings Bank, Evansville, which he joined in 1980. He has served as a board member of the University of Southern Indiana Foundation, on the advisory board of the University of Southern Indiana School of Business, and has been active with Deaconess Health Systems, Habitat for Humanity of Evansville and the St. Mary’s Medical Center Foundation. Head also serves as a member of the Independent Community Bankers of America tax committee; he has served on the IBA board as second vice chairman and as a southwest region director. He earned a bachelor’s degree from the University of Southern Indiana and an MBA from the University of Evansville. Annette M. Russell, second vice chairman, is chief executive officer of Security Federal Savings Bank, Logansport. She joined the bank in 1991. A certified public accountant, Russell is a graduate of Indiana University-Kokomo, of the Graduate School of Bank Investments and Financial Management and of the Stonier Graduate School of Banking. She serves on the board of trustees of Logansport Memorial Hospital, on the American Bankers Association Community Bankers Council, on the board of directors of Special Olympics of Cass County and on the Reading Railroad advisory board. Past involvement includes service as campaign chair for United Way, on the board for the Cass County Chamber of Commerce and as past chair of the Logansport/Cass County Economic Development Corp. Additionally she has served on the IBA board of directors as northwest region director. Russell was granted the Indiana University Kokomo Alumni Association’s Distinguished Alumni Award in 2006, was inducted into the IU Kokomo Alumni Hall of Fame in 2013, was named Chamber of Commerce Business Woman of the Year for 2007-08 and completed the IBA Leadership Development Program in 2013. NorthWestern Financial Review magazine honored Russell as a Rising Star in Banking in 2010 and as an Outstanding Woman in Banking in 2014. David W. Heeter, immediate past chairman, is chief executive officer and director of MutualBank, Muncie. He also serves as CEO, president and director of MutualFirst Financial Inc. Heeter joined MutualBank in 1978 and has served in multiple positions, including vice president and executive vice president/chief operating officer, before being named to his current titles in 2003. He is vice president of the MutualBank Charitable Foundation Inc. He also is a member of the IU Health Ball Memorial Physicians Board, the Community Foundation of Muncie and the Delaware County finance advisory board. A former member of the Federal Reserve Bank of Chicago Community Depository Institution Advisory Council, Heeter has past leadership experience with the Ball State University College of Business alumni board, Muncie Delaware County Chamber of Commerce, United Way and Muncie Family YMCA. In addition to having served the IBA as 2014 chairman of the board, he served as first and second vice chairman and as northeast region director. Heeter is a graduate of Ball State University and of the Graduate School of Banking at Continued on page 22.
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