CIBM Bank Announces Promotions to Executive Vice President

CHAMPAIGN, IL--(Marketwired - June 14, 2017) - Today, CIBM Bank announced the promotion of four employees to Executive Vice President, including: Mr. Mark Wilmington - EVP & Director of Retail Banking, based in Peoria, Illinois; James Mullaney - EVP & Director of Corporate Banking, based in Wheaton, Illinois; Mr. Gary Maughan - EVP & Mortgage Banking Director, based in Naperville, Illinois; and Ms. Joanne Blaesing - EVP & Director of Community Development, based in Waukesha, Wisconsin.

Mr. Brian Chaffin, President and CEO of CIBM Bank stated, "Each of these individuals have made significant contributions to our organization and each manage a critically important aspect of our business while reflecting the values of our organization as described in our motto of Service, Solutions and Integrity. Their promotions are a recognition of the work they have done, and continue to do each day toward moving our company forward and meeting our goals."

CIBM Bank is a wholly owned subsidiary of CIB Marine Bancshares, Inc. (OTCQB: CIBH) that operates as "Marine Bank" in its Indiana and Wisconsin markets, "Central Illinois Bank" in its central Illinois market, and "Avenue Bank" in its Chicagoland market. The Avenue Mortgage division, located in Naperville, Illinois, serves all CIBM Bank markets. Equal Housing Lender, Member FDIC.