Eagle Financial Bancorp, Inc. Announces Board Changes
February 22, 2021 at 09:24 am EST
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Eagle Financial Bancorp Inc. announced that its board of directors has appointed Patricia Walter as the company's new president. Additionally, the board of directors has nominated Adam Goetzman and Patricia Walter for the election to directorship at the 2021 annual meeting of shareholders to be held on April 20, 2021. Further, James Braun, chairman of the board, has said that he will retire from the board of directors following the 2021 annual
meeting. Walter has been nominated to fill the director slot currently held by Braun. Walter's appointment as the company's president will be effective April 20, 2021. Walter will replace Gary Koester who has been president since 1996. Koester will continue as chief executive officer of the company. Following Braun's retirement, Koester will become chairman of the board. Having started his career at EAGLE.bank in 1977, Koester has held various positions at the bank, including being appointed as president and chief executive officer in 1996. Koester will work alongside Walter as she transitions into her new role as president. Walter, who was appointed as executive vice president of EAGLE.bank in July 2016, has previously served as the controller and also as the senior vice president of Finance for the former Cheviot Savings Bank. An Ohio chartered savings association headquartered in Cincinnati, Ohio, EAGLE.bank is the subsidiary of Eagle Financial Bancorp Inc. With total assets of USD160.4m as of December 31, 2020, the company provides financial services primarily to individuals, families and businesses through its Bridgetown, Delhi and Hyde Park branches located in Hamilton County, Ohio.
Eagle Financial Bancorp, Inc. is the holding company for EAGLE.bank (the Bank). The Bank provides financial services primarily to individuals, families, and businesses through its main office and two branch offices located in Hamilton County, Ohio. The Bankâs loan portfolio includes residential mortgage loans, commercial real estate and land loans, home equity and other consumer, construction loans, residential mortgage loans, non-owner occupied, multi-family real estate loans, and commercial loans. Its deposit products include checking, savings, money market, certificates of deposit, and others. The Bankâs online solutions include online banking, bill payment, mobile banking, and others. The Bank also offers various deposit products and online banking solutions for businesses.