48 MAY / JUNE 2019 DEPARTMENTS HONORABLE MENTIONS Benjamin J. Bochnowski, president and CEO of Peoples Bank, Munster, has been appointed by Gov. Eric Holcomb to the board of directors of the Indiana Department of Financial Institutions. Bochnowski joined Peoples Bank in 2010, was named president and chief operating officer in 2015, and was promoted to CEO of the bank and holding company in 2016. He is active with the Indiana Bankers Association as a board member and Future Leadership Division member. He also serves on the Membership Council of the American Bankers Association, is a One Region board member and volunteers with the Volunteer Income Tax Assistance (VITA) program. Bochnowski earned a bachelor’s degree from the University of Michigan and an MBA from the ESADE business school in Barcelona, Spain; is a graduate of the ABA Stonier Graduate School of Banking; and has a leadership certificate from the Wharton School at the University of Pennsylvania. Kent Liechty, president and CEO of First Bank of Berne, has been appointed by the Federal Reserve Bank of Chicago to serve on its Community Depository Institution Advisory Council. Members represent banks, thrifts and credit unions throughout the Seventh Federal Reserve District, which consists of most of Illinois, Indiana, Michigan and Wisconsin, as well as all of Iowa. Council members meet twice annually to provide their views on current business conditions; their input helps contribute to the Federal Reserve System’s formulation of national supervisory and monetary policy. Christopher J. Murphy III, chairman and CEO of 1st Source Bank, South Bend, has been elected to the board of directors of the Federal Reserve Bank of Chicago. He was elected as a Class A (banker) director, to serve on the board through 2021, by banks in the Seventh Federal Reserve District with capital and surplus of $16.6 million to $460 million. Murphy previously was chairman of the Federal Reserve Bank of Chicago’s Community Depository Institutions Advisory Council (CDIAC) and represented it as a member of the Federal Reserve Board’s CDIAC in Washington D.C. Additionally, he is a member and past chairman of the Indiana Commission for Higher Education; has served on the board of the University of Chicago Hospitals and Health System; is chairman of The Medical Education Foundation; and has been inducted into The Indiana Academy, for which he serves as chairman of its board of regents. Murphy was named president and CEO of 1st Source Bank in 1977, CEO of the corporation in 1979 and WHERE FUTURE PLANS BECOME REAL TIME REALITIES. The goals and challenges of financial institutions like yours are unique. Associated Bank understands that. Our team of highly experienced banking specialists will offer you tailored solutions, uncover earnings potential and move you forward. Visit AssociatedBank.com/Commercial or contact us to learn more. Bradley Clark • Senior Relationship Manager 614-681-7213 • Bradley.Clark@AssociatedBank.com Loan products are offered by Associated Bank, N.A., and are subject to credit approval and involve interest and other costs. Please ask about details on fees and terms and conditions of these products. Property insurance and flood insurance, if applicable, will be required on collateral. Associated Bank, N.A. Member FDIC. (2/19) 13572 Continued on facing page.
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