Citizens State Bank of Loyal Appoints Joshua Burgess as President and CEO

In accordance with Citizens State Bank of Loyal’s leadership succession plan, the Bank’s Board of Directors has appointed Joshua Burgess to serve as President and Chief Executive Officer of the Bank. This appointment is effective immediately, following the unexpected passing of former President, Travis Holt on July 22, 2026.

Burgess brings more than 20 years of banking and executive leadership experience to this new role. Previously he served as Executive Vice President and Chief Lending Officer for CSB Loyal, where he served within the Bank’s leadership team to guide strategic initiatives, support the Bank’s growth, and ensure a seamless transition of leadership.

A native of the Neillsville-Marshfield area, Burgess has served in leadership roles within both national banks as well as agriculturally focused community banks. His experiences include employment with Associated Bank, Wells Fargo, United Prairie Bank and recently serving as Chief Banking Officer at Commerce Bank in Southern Minnesota. His extensive experience and strong ties to the communities served by Citizens State Bank of Loyal have positioned him well to lead the organization into its next chapter. Joshua had a deliberate goal upon joining Citizens State Bank of Loyal and returning to Wisconsin a year ago: to come home to the greater Clark and Wood County area and work alongside Travis Holt in anticipation of his upcoming retirement.

“I am honored to serve as President and CEO of Citizens State Bank of Loyal,” said Burgess. “Having grown up in this area, I understand the importance of a strong community bank and the role it plays in helping families, businesses, and our local communities succeed. We have an outstanding team, a strong financial foundation, and a clear vision for the future. I look forward to building on that success while continuing to put our customers, shareholders, and communities first.”

The Board of Directors also recognizes the dedicated leadership team and employees who continue to serve customers every day. Citizens State Bank remains a well-capitalized institution with strong liquidity, sustained profitability, and a long history of prudent financial management. These strengths ensure the Bank remains well-positioned to support the community with confidence for years to come.

For 24 years Travis served the Bank with exceptional vision and integrity. Travis will be remembered for his unwavering commitment to his family, his profession, and the people he served. As a trusted banker, he devoted his career to helping individuals, families, and agricultural businesses achieve their financial goals. His steady guidance, genuine care for others, and dedication to his community, earned the respect and friendship of many, leaving a lasting legacy that will be remembered for years to come.

Alan Billings, formerly serving as Lead Director, now serves as Chairman of the Board. Said Billings,

“Travis’s untimely death called on the Board to implement the Bank’s leadership succession plan which Travis and the Board had previously approved. The Board has utmost confidence in Joshua Burgess, President and CEO. Joshua’s vision and banking acumen will propel Citizens State Bank of Loyal securely into the future to continue to serve the Bank’s customers and communities as in the past.”

At the direction of Joshua Burgess, the Bank’s mission remains unchanged:

“To help our customers and local communities achieve financial success through our customer-oriented service, diverse financial products, and professional advice while creating superior shareholder returns and exceptional employee career opportunities.”

CSB Loyal is a $300 million dollar independently owned community financial institution, serving communities and rural areas in Central Wisconsin. Founded in 1909, CSB Loyal has been financing the Ag industry for over 115 years. With office locations in Loyal, Granton, Neillsville, Spencer and Marshfield, we are proud to be Central Wisconsin’s community owned, community-minded bank.