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State Bank of Toledo announces retirement, promotions

June 29, 2010
Toledo Chronicle, Tama News-Herald
TOLEDO CHRONICLE - At the recent annual stockholders meeting and annual organizational board meeting of The State Bank of Toledo, Bill Skow formally announced his plans to retire from his position as Executive Vice President of The State Bank of Toledo after 28 years of service. 

Bank President John Kavalier said, “It has been a pleasure to have worked with Bill at our bank for the past 28 years. I want to thank Bill for his years of loyal service to the bank and substantial contributions towards the success our bank has enjoyed.  “I will sincerely miss Bill’s daily participation in our management team. I wish Bill and his wife, Patty, an enjoyable and prosperous retirement.  Bill will continue to serve on our bank’s board of directors where he can continue to serve the bank with his many years of experience.”   

In response to Bill Skow’s retirement plans the bank’s board of directors has promoted Donna Princehouse to the position of Executive Vice President and Cashier. 

Donna has also been elected to serve on the bank’s board of directors. Donna has been employed with the bank for 33 years, most recently as Senior Vice President and Cashier.  Donna earned a BA degree in Management Information Systems from Buena Vista College, Storm Lake, while working full-time at the bank.  She is also a graduate of the Graduate School of Banking, Madison, WI.  She has been active in our community through her service on the board of the Tama-Toledo Chamber of Commerce and as a past Toledo Councilwoman. Donna and husband, Merlyn have two sons, Chad (Angie) Princehouse, Toledo, and Nathan (Michelle) Princehouse, Urbandale, and six grandchildren.

Also at the bank annual meeting, Jerimi Kopsa was promoted from Assistant Vice President to Vice President. 

Jerimi worked for Wells Fargo in Des Moines for five years before joining The State Bank of Toledo.  He holds a Bachelors Degree from the University of Northern Iowa and earned a Masters of Business degree from Drake University. Jerimi and wife Jacqulyn (Dostal) have two children, Kaden and Ella.             


Article Photos

At The State Bank of Toledo (l-r) Jerimi Kopsa, vice president, Donna Princehouse, executive vice president and board member and Bill Skow, retiring executive vice president are shown last week.
Chronicle/John Speer



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