South Dakota banker hired to lead Citizens Community Federal

A bank executive from South Dakota has been hired as the new president and chief executive of Citizens Community Bancorp Inc., the Eau Claire-area parent company of Citizens Community Federal Bank. Stephen Bianchi, who has been president and CEO of the $1.1 billion-asset HF Financial Corp. and Home Federal Bank, both in Sioux Falls, S.D., will replace Edward Shaefer. Schaefer recently resigned to become president and CEO of Waukesha-based First Federal Bank of Wisconsin. Bianchi is a 30-year banking veteran and has served in several senior management positions at Wells Fargo Bank and with Associated Bank, Citizens Community said Friday

By, Admin