CIB Marine Bancshares, Inc. Appoints Gina Cocking and JoAnn Cotter as Board of Directors, Effective November 21, 2019
November 19, 2019 at 11:30 am EST
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CIB Marine Bancshares, Inc. announced that Mses. Gina Cocking and JoAnn Cotter have been appointed to its Board of Directors, effective November 21, 2019. Ms. Cocking is based in the Company’s Chicagoland market and currently serves as Managing Director and Chief Executive Officer of Colonnade Advisors, LLC, an independent investment bank focused on the financial services and business services sectors. Ms. Cocking will stand for election at the annual meeting of shareholders to be held in 2020. Ms. Cotter is based in the Company’s Wisconsin market and is a retired partner of Wipfli LLP where she served as the leader of the firm’s Financial Institutions Practice. With the addition of Mses. Cocking and Cotter, the Board of CIB Marine Bancshares, Inc. has been expanded to twelve directors, which is part of the Company’s succession plan to address anticipated retirements from the Board in the next twelve to twenty-four months.
CIB Marine Bancshares, Inc. (CIB Marine) is a bank holding company, which provides a full range of banking and related services through its banking subsidiary, CIBM Bank (the Bank). Its segments include mortgage, banking and corporate. The Bank offers a full array of traditional banking services, including a range of loan products, such as commercial loans, commercial real estate loans, commercial and residential construction loans, government guaranteed loans, one-to-four family residential real estate loans, home equity loans, consumer loans, and commercial and standby letters of credit; consumer and commercial deposit accounts, including savings, checking, and time deposits; trust services; cash management; repurchase agreements, and other traditional community banking services. The Bank operates approximately 10 banking offices and eight mortgage loan offices in Illinois, Wisconsin and Indiana.