Savings bank

Mark Laune, People Savings Bank, elected Vice Chairman of MO Independent Bankers Assc.

Matthew S. Ruge, Executive Director of the Missouri Independent Bankers Association (MIBA), the state’s premier banking association exclusively representing more than 150 independent community banks statewide, announced the election of the new officers of the group for the 2021-2022 mandate. Office:

Chairman of the Board: Darrell Harke, Bank of Old Monroe, Old Monroe, Missouri; Chairman: Jack Hopkins, Community Bank of Raymore, Raymore, Missouri; President-elect: Tyler Bender, Midwest Regional Bank, Festus, Missouri; Vice-Chairman: Mark Laune, People’s Savings Bank of Rhineland, Hermann, Missouri; and Secretary-Treasurer: Matthew Sinnett, Midwest Independent Bankers Bank, Jefferson City, Missouri.

Mark Laune, the newly elected Vice-President of the Association, has served on the board of directors for several years and on various committees of MIBA. Laune has been actively involved as a leader in community banking services throughout his 30 years at Peoples Savings Bank in Hermann, MO, where he has served as President and CEO since 2008. Laune has played a instrumental in the growth of PSB, which now has 11 branches across seven counties in east-central Missouri.

Laune currently sits on the board of directors of the Ozark Gateway Fellowship of Christian Athletes and is a member of the Assumption Catholic Church. He has also served on the Franklin County Area United Way Board of Directors, the New Haven Community Youth Fair Board, and was a member of the Lions Club and the Knights of Columbus.

The Association’s elections were held at its 44e annual convention, September 13-14, 2021, at The Lodge of Four Seasons, Lake Ozark, Missouri. The Missouri Independent Bankers Association, which exclusively represents the interests of independent community financial institutions in Missouri, was the first independent state bankers association to be formed in the country and was established in 1959. The Association serves community banks throughout Missouri, providing legislative representation, education and seminar programs, and other services designed exclusively for community banks.

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