After 35 years of serving on the First State Bank Board of Directors, director William “Bill” Shelby will be retiring as of December 31, 2021. Mr. Shelby is the former owner of Shelby Oil Company in Seaman and has served the Village of Seaman as a councilman for over half a century, where he recently stepped down. Bill resides in Seaman with his wife Nancy.
The Board of Directors at First State Bank also announced that Eric Toole has been appointed to serve as a new director effective January 1, 2022. Mr. Toole is a Certified Public Accountant (CPA) and is the Treasurer/CFO of the Georgetown Exempted Village School District in Georgetown, Ohio. He received a BS in Accounting from the University of Rio Grande in 1995. Eric resides in Seaman with his wife Lisa and daughters Maddie, Mackenzie, and Myla.
“First State Bank has a long history of outstanding board members and we appreciate all of Bill’s years of leadership for the bank and we look forward to working with Eric as we continue our mission of being “Built on Belief” – doing right by rural communities and making a lifelong difference in people’s lives” said Mike Pell, President and CEO of First State Bank.
First State Bank is owned by dedicated stockholders and directed by a board of nine directors. The directors of First State Bank are active business owners and respected community leaders in and around the area. Eric Toole will be joining Chris H. Baxla, Chairman; Alan W. Foster, Vice Chairman; Matthew Greene; Daniel R. Naylor; Michael P. Pell; Roy (Spud) Gustin; David Richey and Tony Applegate.