Kish Bancorp Inc.
03/07/2023 | Press release | Distributed by Public on 03/07/2023 08:57
Kish Bank Appoints Sarfert Chief Credit Officer, Promotes Bilger
March 7, 2023
PRESS RELEASE
STATE COLLEGE, PA - Kish Bank has announced the appointment of Richard Sarfert to Executive Vice President and Chief Credit Officer and the promotion of Robert Bilger to Senior Vice President and Senior Lending Officer.
|
Richard Sarfert |
Robert Bilger |
In his new role as Chief Credit Officer, Sarfert will assume responsibility for the overall management of Kish's $1 billion plus loan portfolio and for the bank's credit administration team.
"Ric Sarfert's depth of credit knowledge and experience will enable Kish to sustain its pace of exceptional loan portfolio growth while maintaining our focus on quality," said William P. Hayes, Chairman and CEO of Kish Bank. "Ric's appointment to Chief Credit Officer, supported by Kish's already strong credit administration function, will elevate the bank's loan portfolio management and credit quality monitoring while advancing our capacity to be responsive to the needs of our borrowers."
Concurrently, Bilger will assume the role of Senior Lending Officer and will be responsible for the coordination of the bank's commercial lending activities and the management of the commercial lending team, in addition to leading Kish's expansion into the Altoona market.
Hayes said, "We announce these promotions with well-earned trust in the knowledge, experience, and leadership of both Ric and Bob, as well as the capacity of our exceptionally talented credit and commercial lending teams who have produced such extraordinary results over the past several years. We are confident that these shifts in executive roles will position Kish to sustain its pace of extraordinary growth and legendary client service well into the years ahead."
Sarfert joined Kish in 2016 and has over 37 years of experience in the financial services industry. He holds a bachelor's degree in finance from Penn State, a master's degree in business administration from Saint Joseph's University, and is also a graduate of the Pennsylvania Bankers Association's Mid-Atlantic School of Commercial Lending at Bucknell University and the Executive Leadership School.
Bilger joined Kish in 2021 and has over 34 years of experience in banking and commercial lending. He holds a bachelor's degree in accounting from Penn State.
About Kish Bank
Kish Bank is a $1.3 billion regional community bank that operates 16 offices and financial centers serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties, and a Loan Production Office in Hudson, Ohio. Affiliates of Kish Bank include: Kish Insurance, Kish Financial Solutions, Kish Benefits Consulting, and Kish Travel. For additional information, please visit MyKish.com. Kish Bank is a subsidiary of Kish Bancorp, Inc., trading under the OTC stock ticker symbol of KISB.
###