Iowa’s Farmers State Bank announces president, CEO succession

Marion, Iowa-based Farmers State Bank named Steven Neighbor president and CEO. Neighbor succeeds Gene Neighbor, after he served in those positions for the past decade. .Gene Neighbor is credited with helping the bank grow to more than $1 billion from $676 million. He is expected to lead the wealth management division. "Gene's dedication and vision have been instrumental in shaping FSB into the thriving community financial institution it is today," said the FSB Board of Directors. "We are deeply grateful for his contributions and look forward to his continued impact at FSB." .Steve Neighbor's appointment is effective Jan. 1. Steve, who has more than 35 years of experience at Farmers State Bank, is the third generation of the Neighbor family to lead the bank since 1968. "Steve's leadership reflects our values and commitment to the communities we serve. His expertise ensures FSB's continued success as a locally owned and family-led institution," said Gene Neighbor.