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Arvest Bank Hires Digital Banking President, Mid Penn Bank Names New CFO

Plus: Technology Credit Union hires chief credit officer, Guggenheim Securities expands consumer and retail investment team, and banking veteran joins Rochelle State Bank

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  • Written by  Banking Exchange staff
Arvest Bank Hires Digital Banking President, Mid Penn Bank Names New CFO

Arvest Bank — The Arkansas-headquartered bank has appointed Melanie Fuller as president of digital banking solutions. Fuller will be responsible for deploying the bank’s new core banking platform.

She joins from JPMorgan Chase after 10 years in various leadership roles.

Kevin Sabin, president and CEO of Arvest Bank, said: “Melanie’s proven track record in delivering innovative customer experiences and technology left no doubt that she is the right person to lead us into the future.”

Mid Penn BankDonald Holt has been appointed as interim chief financial officer of Mid Penn Bancorp and its subsidiary Mid Penn Bank.

Hold will be responsible for leading the accounting, finance, and treasury functions, as well as overseeing the investment committee and managing the interest rate risk management processes.

Holt brings 25 years of financial services experience and most recently served as CFO of Community Banks and Keystone Financial.

Technology Credit Union — California-headquartered credit union has appointed Doug Stoveland as chief credit officer and executive president.

Stoveland will be responsible managing the union’s commercial and retail credit risk, as well as overseeing all credit administration functions.

Todd Harris, CEO of Tech CU, said Stoveland would “play a key role in the management and growth” of the credit union.

Prior to joining the firm, Stoveland served as chief credit officer and chief risk officer at California Bank of Commerce.

Guggenheim SecuritiesPeter Moses has joined the firm as a senior managing director to expand its consumer and retail investment banking group.

Moses joins the Chicago-headquartered firm from Rothschild where he served as managing director and head of North America consumer and retail.

Meanwhile, Justin Peagram is to join Guggenheim Securities’ investment banking and capital markets division.

Peagram will join the firm as a senior managing director, and he will focus on advising companies within the alternative energy and energy technology sectors.

Rochelle State Bank — The Georgia-based bank has appointed Doug Bloodworth as market president. Bloodworth brings 20 years of banking expertise, with experience spanning across consumer, residential, commercial, and agricultural loan programs.

Rochelle’s former bank president and CEO Matt Estes is set to retire but will continue to serve as a member of the bank’s board of directors.

Estes said: “Under the direction of new president and CEO Len Davenport, along with Bloodworth’s addition, Rochelle will continue the tradition of having local leaders who understand the needs of the community.”

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