BusinessNews

Michael Drees named new CUSB Bank President

Scott Thomson continues as CEO, Chairman of the Board

Cresco, Iowa – The CUSB Bank Board of Directors officially named Michael Drees as president of the bank, complete with an Inauguration Ceremony that included a Scottish bagpiper, a lobby parade, balcony speeches, and taking an oath. A releasing of balloons completed the change in guard.

Drees replaces Scott Thomson who served as President for 16 years. Thomson will continue to serve as CEO and Chairman of the board.

Drees holds a Bachelor’s Degree from UNI and is an army veteran. He has over 20 years of banking experience including being a teller, customer service, lending, and most recently head of compliance and risk management.

Drees is in his 14th year at CUSB Bank.

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