Title: Ames National Corporation CFO, John Nelson, Named Executive VP & Chief Operating Officer (2/15/17)
February 15, 2017 at 01:05 pm
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Date: 2/15/2017
Title: Ames National Corporation CFO, John Nelson, Named Executive VP & Chief Operating Officer (2/15/17)
The Ames National Corporation Board of Directors recently announced that Company CFO, John Nelson, has been named Executive Vice President and Chief Operating Officer. Mr. Nelson has served as a director of the Company since 2013 and has served as the CFO and Secretary of the Company since 1999. He has 26 years of banking experience including being employed as a commissioned bank examiner for the Federal Deposit Insurance Corporation. President and CEO, Thomas Pohlman, announced he is anticipating retiring at the end of 2018. Mr. Nelson's new job responsibilities will include duties associated with his transition to the role of CEO upon Mr. Pohlman's retirement.
Ames National Corporation is listed on the NASDAQ Capital Market under the ticker symbol, ATLO. The Corporation affiliate banks, all located in central Iowa, include: First National Bank, Ames, Boone Bank & Trust Co., Boone, State Bank & Trust Co., Nevada, Reliance State Bank, Story City, and United Bank & Trust, Marshalltown. Information regarding the process for purchasing stock can be obtained through Richard Nelson at First Point Wealth Management, (515) 663-3074.
For further information contact:
Thomas H. Pohlman, President and CEO
(515) 232-6251 or Tom.Pohlman@amesnational.com
Ames National Corporation published this content on 15 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 February 2017 18:05:08 UTC.
Original documenthttp://www.amesnational.com/press-releases.aspx?NewsID=756
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Ames National Corp is a bank holding company for its banking subsidiaries, First National Bank, Ames, Iowa (FNB); State Bank & Trust Co., Nevada, Iowa (SBT); Boone Bank & Trust Co., Boone, Iowa (BBT); Reliance State Bank, Story City, Iowa (RSB); United Bank & Trust Co., Marshalltown, Iowa (UBT), and Iowa State Savings Bank, Creston, Iowa (ISSB). The Bankâs lending activities consist primarily of short-term and medium-term commercial and agricultural real estate loans, residential real estate loans, agricultural and business operating loans and lines of credit, equipment loans, vehicle loans, personal loans and lines of credit, home improvement loans and origination of mortgage loans for sale into the secondary market. It provides a variety of checking, savings and time deposits, cash management services, merchant credit card processing, safe deposit boxes, wire transfers, direct deposit, and automated/video teller machine access and automatic drafts (ACH) for various accounts.