Clark County Press, Neillsville, Clark Co., WI
December 2, 2009, Page 7
Transcribed by Dolores (Mohr) Kenyon
Weirauch to retire, Holt and Sikora promoted
Gary Weirauch
Citizens State Bank (CSB) of Loyal President Gary Weirauch announced his plans to retire effective January 1, 2010.
Weirauch joined CSB of Loyal in 1988 as executive vice president, where he was credited with developing stringent lending policies for the bank. He became president and CEO in 1991 and successfully increased assets, loans and deposits in that first year, getting the bank on solid financial ground.
Through the years, Weirauch remained proactive to the ever-changing economy, resulting in added services beneficial to our customers and communities. During the period of his leadership, CSB grew assets from $41 million to its current level near $140 million and has added full-service branches in Neillsville and Spencer.
In addition to his service to the bank, Weirauch served as chairman of the Community Bankers of Wisconsin, was a six-year member of the Bankers’ Bank of Wisconsin Board and served several years on the Agriculture and Rural Development Committee of the Independent Community Bankers of America. He is a past president and 36-year member of the Lions Club, a 30-year member and post commander of the Loyal American Legion Post 175, current treasurer of the Loyal Industrial development Corporation and vice chairman of the Regional Business Fund, Inc.
In 1998, Community Bankers of Wisconsin honored Weirauch as Wisconsin’s Community Banker of the Year.
Weirauch will remain as chairman of the board for the bank. The bank looks forward to many years of continued contribution by Weirauch to CSB of Loyal’s people and its success.
Travis Holt
Travis Holt will succeed Weirauch as president and CEO in addition to Daria Sikora serving as executive vice president and chief credit officer.
The management changes will become effective January 1, 2010.
Holt currently holds the title of Chief Financial Officer in addition to holding a Series 7 Registered Representative Securities License. Holt has been with CSB of Loyal since 2002.
Holt earned an undergraduate degree from the University of Wisconsin-Madison, (UW-Madison) a master’s degree in agribusiness from Kansas State University and is currently enrolled in the Graduate School of Banking at UW-Madison. Holt will be responsible for ensuring financial stability of the bank in the best interest of the shareholders, employees and customers of the bank and the communities CSB serves.
Daria Sikora
Sikora, who has also been with CSB of Loyal since 2002, will be responsible for the overall management of the bank’s credit risk management system. In addition to her new responsibilities, Sikora will remain an agricultural loan officer focused on the continued success of Wisconsin’s dairy industry.
Sikora holds an agricultural business degree from UW-River Falls, has completed the Agricultural Credit School at Iowa State University and recently graduated from the Graduate School of Banking program at the UW-Madison.
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