David E. Morrison has been named as the new president and CEO of Ossian State Bank, it was announced by the bank’s chairman of the board, William Milholland.

“I love community banking,” Morrison said. “I’m looking forward to getting back into that and to meeting the people of Ossian and Wells County.”

A native of Chalmers, Indiana, Morrison has been in the banking business since 1982, with 15 of those years in the National City Bank in central Indiana, working in Lebanon, Carmel, Batesville and Crawfordsville and Fort Wayne.

In late 1998, he was named president of the start-up First Community Bank in Fort Wayne which evolved into the Community First Bank and Trust in 2002. In November, 2004, Morrison accepted the position of president and CEO of the First National Bank of Fremont, which was eventually sold to Farmers State Bank in LaGrange in November, 2005. He has been working the past two years as president of American Heritage Banco of Angola.

After graduating from Ball State University with a degree in accounting, Morrison obtained his CPA and worked for Geo. S. Olive Co. in Indianapolis before accepting his first banking position in Lebanon.

He currently resides in rural Huntington County close to Roanoke with his wife Sally, who is an elementary teacher in Huntington. They have two children. Their daughter Megan is in her final year of law school and their son, Drew, is a junior at IU Bloomington working towards a degree in economics.

“We’re very excited about having David on board,” Milholland stated.

Ossian State Bank is the only local-owned community bank that has its headquarters in Wells County.

Morrison replaces Peter Confer, who resigned his position with the bank at the end of 2007 to pursue other opportunities.

The Waynedale News Staff

The Waynedale News Staff

Our in-house staff works with community members and our local writers to find, write and edit the latest and most interesting news-worthy stories. We are your free community newspaper, boasting positive, family friendly and unique news. > Read More Information About Us > More Articles Written By Our Staff