SOURCE: Brooke Savings Bank

June 09, 2008 17:42 ET

Brooke Savings Bank Announces Management Changes

PHILLIPSBURG, KS--(Marketwire - June 9, 2008) - Brooke Savings Bank, a wholly owned subsidiary of Brooke Corporation (NASDAQ: BXXX), announced the appointment of Leland G. Orr as chief executive officer and chairman of the board of Brooke Savings Bank. Orr replaces Gary Baugh, former president, chief executive officer and chairman of the board; Baugh recently retired.

Orr has held various management positions within Brooke Corporation for more than 20 years. He held the position of president of Brooke State Bank in Jewell, Kan., and also worked in public accounting positions. Orr is a graduate of Fort Hays State University and holds a bachelor's degree in accounting as well as an active Certified Public Accounting license.

Brooke Savings Bank also announced the appointment of Rebecca D. Post as president and chief operating officer and the appointment of Dustin Baker as vice president and senior loan officer.

Post has more than 13 years of bank operations and management experience. She held the position of executive vice president and cashier for The Peoples Bank in Pratt, Kan. Prior to working in banks, Post was a bank examiner for the Office of the Comptroller of Currency. She is a graduate of Fort Hays State University and holds a bachelor's degree in accounting and finance as well as a Certified Public Accounting license. Additionally, Post is a graduate of the Stonier Graduate School of Banking.

Baker has more than eight years of experience as a commercial loan officer. He served as executive vice president and regional manager for First Community Bank in Desoto, Kan. Baker is a graduate of Kansas State University with a bachelor's degree in agribusiness. In addition, Baker is a graduate of the Colorado Graduate School of Banking.

About Brooke Savings Bank:

Brooke Savings Bank (www.brookesavingsbank.com) is a federally chartered savings bank based in Kansas but authorized to conduct its operations throughout the United States.

Brooke Savings Bank conducts its operations through commissioned agents who have contracted with the bank to refer deposit and loan customers. Brooke Savings Bank believes that agent banking represents a more efficient distribution system than traditional bank distribution systems and that this efficiency will ultimately result in pricing and other advantages to consumers. Brooke Savings Bank is a Member FDIC and is an Equal Housing Lender.

Contact Information