LASALLE — LaSalle State Bank has announced three promotions, which were effective Jan. 1.
Jeffrey D. Ellis became the seventh president in the 121-year history of the bank. Previously, Ellis had served in the role of senior vice president and senior loan officer. He has extensive experience, both in bank management and as a commercial loan officer. Ellis holds a bachelor of finance degree from Miami University and earned his MBA from the University of Iowa.
Additionally, Michael C. Benjamin, CPA, was promoted to the position of executive vice president and chief financial officer. He has held the position of chief financial officer at the bank since 2011. Prior to that, he served as the bank’s controller. He received his bachelor’s degree in accounting from St. Joseph’s College along with completing the Graduate School of Banking at Louisiana State University.
Lastly, Christopher L. Duncan was promoted to vice president and senior loan officer. In his new role, he will oversee all of the bank’s lending activities. Previously, Duncan held the position of credit analyst and commercial loan officer at the bank. He has several years of experience in both the lending and trust areas. He received his bachelor of finance degree from the University of Notre Dame.
Chairman of the Board of Directors of LaSalle State Bank John S. Duncan III said, “We are pleased to be able to announce these three promotions. These three individuals, along with Vice President of Retail Banking and Compliance Amy Moskalewicz, comprise the bank’s senior management team. We are very confident in their ability to lead our organization and to continue to provide LaSalle State Bank’s valued customers with exceptional products and services.”
LaSalle State Bank’s main location is at 654 First St. in LaSalle. LaSalle State Bank has branches in LaSalle, Peru and Utica.