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1895 Bancorp of Wisconsin, Inc. Announces Eric T. Hurd as Senior Vice President-Chief Lending Officer

1895 Bancorp of Wisconsin (NASDAQ: BCOW) recently appointed Eric T. Hurd as Senior Vice President – Chief Lending Officer.

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Rhea-AI Summary

1895 Bancorp of Wisconsin (NASDAQ: BCOW) recently appointed Eric T. Hurd as Senior Vice President – Chief Lending Officer. Hurd brings over 22 years of banking experience, including 12 years at the Bank. His role is expected to strengthen the Bank's commercial banking operations.

Additionally, Thomas K. Peterson will transition to Senior Vice President – Commercial Lending Officer in preparation for his retirement, retaining a part-time position. This leadership shift aims to bolster the Bank's strategic growth.

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Positive

  • Appointment of Eric T. Hurd as Chief Lending Officer expected to enhance commercial banking operations.
  • Leadership transition aims to maintain continuity and expertise within the Bank.

Negative

  • None.
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News Market Reaction – BCOW

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GREENFIELD, Wis., Nov. 2, 2022 /PRNewswire/ -- 1895 Bancorp of Wisconsin, Inc. ("the "Company") (NASDAQ Capital Market: BCOW), the holding company for PyraMax Bank, FSB (the "Bank"), announced that Eric T. Hurd has accepted the position of Senior Vice President – Chief Lending Officer of the Company and the Bank. Mr. Hurd has over 22 years of banking experience, including 12 years with the Bank where he currently serves as Senior Vice President – Commercial Lending Officer. Mr. Hurd graduated from the Graduate School of Banking at the University of Wisconsin-Madison and holds his bachelor's degree from the University of Wisconsin – Milwaukee. Mr. Ball, President and Chief Executive Officer, states "Eric has an in-depth understanding of our commercial banking clients, and will lead the team as we continue to focus on our strategic vision for growth and success of the Bank."

Thomas K. Peterson has announced that in preparation for his retirement, he will transition to Senior Vice President – Commercial Lending Officer for 1895 Bancorp of Wisconsin, Inc. and PyraMax Bank effective November 1, 2022 and will continue to work in a part-time capacity. Mr. Peterson has been with the Bank since 2017.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/1895-bancorp-of-wisconsin-inc-announces-eric-t-hurd-as-senior-vice-president-chief-lending-officer-301666263.html

SOURCE 1895 Bancorp of Wisconsin, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who has been appointed as Chief Lending Officer at 1895 Bancorp of Wisconsin?

Eric T. Hurd has been appointed as Chief Lending Officer at 1895 Bancorp of Wisconsin.

What is the background of Eric T. Hurd?

Eric T. Hurd has over 22 years of banking experience, including 12 years with PyraMax Bank.

What role is Thomas K. Peterson transitioning to at 1895 Bancorp?

Thomas K. Peterson is transitioning to Senior Vice President – Commercial Lending Officer.

When did Thomas K. Peterson's transition take effect?

Thomas K. Peterson's transition took effect on November 1, 2022.

What are the future plans for the leadership at 1895 Bancorp?

The leadership changes aim to focus on strategic growth and success for the Bank.

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