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Citizens Bank Announces Recent Promotions

Moves come as community bank continues to grow in Waukesha and Walworth Counties

Citizens Bank is pleased to announce the following promotions and new hire:

Adam Raychel has been named senior vice president – chief financial officer. He is responsible for overseeing the areas of finance and IT, along with the deposit and loan support areas. Adam received a master’s in accounting at the University of Wisconsin-Milwaukee and has over 16 years of experience in the banking industry. He currently holds a CPA credential in the state of Wisconsin.




Ryan Lilly has been named first vice president – business banker. Ryan joined Citizens Bank in 2015 and has 15 years of banking experience. He has developed a customer-first philosophy that guides him to provide the best experience possible for each of his clients while helping them find and unlock the keys to their growth. Ryan is a graduate of the University of Wisconsin-Whitewater.




Frank Sterbin is welcomed as chief credit officer. In his role, he will be responsible for managing the bank’s Commercial Credit Team. Frank earned his bachelor’s in finance from the University of Wisconsin-Whitewater and his MBA from Marquette University. He is also a board member of RAMAC and is involved with other non-profit organizations.