Finward Bancorp promoted Todd Scheub to president of Peoples Bank and executive vice president, chief revenue officer of Finward.
The board of directors of Munster-based Finward Bancorp appointed Dr. Anthony Puntillo to the newly created position of lead independent director.
Peoples Bank’s plan to absorb Royal Savings Bank of Chicago has received the green light from regulators.
Finward Bancorp common shares are expected to begin trading on Nasdaq Capital Market when the financial markets open Nov. 3.
Peoples Bank is expanding into southern Lake County.
Munster-based Finward Bancorp is growing its Illinois presence.
Regional bank leaders say the pandemic created challenges to communication, but relationships were still key to making clients comfortable.
The parent company of Munster-based Peoples Bank now operates as Finward Bancorp.
NorthWest Indiana Bancorp, parent company of Peoples Bank, has submitted an application to list its common stock on the NASDAQ Capital Market.
The operators of Munster-based Peoples Bank say operating under a new corporate name will help with its future growth.