Mike Pell named to state banking association leadership position
Michael Pell, president and CEO of First State Bank in Winchester, has been elected to serve as vice chairman of the Ohio Bankers League’s Board of Directors in 2017.
Comprised of bank executives from across the state, the OBL board serves as the governing body for the professional trade association representing all Ohio banks and savings institutions.
As vice chairman, Pell will play a critical role in setting the League’s agenda as well as establishing legislative and regulatory priorities for the Ohio banking industry.
Pell started his career in 1983 at The Farmers Bank in West Union. He worked as a teller, in deposit operations, and prepared loan documents for the senior lender of this small community institution. In 1992, he moved into retail administration after The Farmers Bank was acquired by Fifth Third Bank.
In 2006, he transitioned back to community banking and became president and CEO of First State Bank in Winchester.
First State Bank has experienced profitable growth under Pell’s leadership, growing to $435 million in size. Presently, there is a loan production office in Wilmington (non-depository office, not insured by the FDIC) and there are 11 banking center locations in Manchester, Peebles, Seaman, West Union, Winchester, Ripley, Georgetown, Mt. Orab, Hillsboro, St. Bernard and Washington Court House.
He is executive director and founding member of Leadership Adams, and serves the following boards: Southern State Community College as chairman of the Board of Trustees, and Hospice of Hope in Maysville.?
Pell received his BBA degree from Morehead State University in 1985 and is a recent graduate of the OBL’s Bank Leadership Institute.
He resides in West Union with his wife, Monica, and five children, Robert, Haylee, Jacob and twins Derrick and Dakota.
?About First State Bank
First State Bank has been in operation since 1884. Presently, there are 11 locations: Manchester, Peebles, Seaman, West Union, Winchester, Ripley, Georgetown, Mt. Orab, Hillsboro and Washington Court House.?
About the Ohio Bankers League
?The Ohio Bankers League is the trade association for the Ohio banking industry – and is Ohio’s only organization focused on meeting the needs of all banks and thrifts in the Buckeye State. For more than 100 years, the OBL has been the voice of the Ohio banking industry fostering a cooperation that has made it one of the strongest and most reputable financial trade associations in the country. By linking banks, bankers, and industry experts – and by pooling their intellectual and capital resources – the OBL serves as a powerful creator of knowledge and collective resources. The non-profit association is comprised of 200 FDIC-insured financial institutions including commercial banks, savings banks, and savings and loan associations ranging in size from just over $20 million in assets to more than $3 trillion.