Farm Bureau Bank hired Gary Armstrong as chief commercial banking officer. In this role, Armstrong will focus on enhancing and expanding the bank’s commercial banking platform.
“We are very pleased to have Gary join our team,” Will Hileman, president and CEO of Farm Bureau Bank, said. “With his extensive experience and knowledge of building commercial banking platforms, we can continue to develop and improve our commercial products and services to better serve Farm Bureaus and the businesses of Farm Bureau members throughout the nation.”
Armstrong has more than 30 years of commercial banking experience but has most recently focused on solutions-based consulting, offering finance, operational, marketing and strategic work for businesses, community banks and real estate developers.
“Initially, in providing commercial banking consulting to Farm Bureau Bank, I quickly learned that the bank is a strong institution, and it became very apparent that there is a significant opportunity to grow and advance the business through a strong focus on building the commercial banking capacities,” Armstrong said. “The Farm Bureau community and Farm Bureau Bank are unique and well-known for serving their members at a very high level. I am excited to build on that great reputation putting together a strong commercial team and adding the needed financial products and services to fully serve the substantial Farm Bureau network at the level to which they have become accustomed.”
With more than 30 years in the financial industry, Armstrong has spent much of his career establishing and renovating commercial banking divisions for community banks. He has experience in executive management, commercial banking management, credit administration, new business production, relationship management and commercial deposit product development and management.
