Citing a pair of longtime board members as “pillars of success” for Mohave State Bank, the firm’s holding company announced yesterday in Lake Havasu City the recent retirement of two key leaders.
William Dooley and John Marshall, who have retired from the board of directors of State Bank Corp. and Mohave State Bank, received kudos from CEO and President Brian Riley.
“They had the vision to create the bank, the courage to invest, and the strength to lead it through the good times and the bad," Riley said. "We thank them for their dedicated service and guidance over the last 24 years.”
Mark Nexsen was appointed to the board of directors in July to replace Dooley and Marshall. Nexsen serves as chairman of the Audit Committee and Corporate Governance Committee.
As Mohave County’s largest locally owned bank, Mohave State Bank is a full-service bank providing deposit and loan products, and convenient on-line banking to individuals, businesses and professionals. Founded in 1991, the bank has five full-service branches: two in Lake Havasu City, two in Kingman and one in Bullhead City.
State Bank Corp., formed in 2004 as the bank’s holding company, is headquartered in Lake Havasu City.