Springfield Business Journal

Allen Schmale named CEO of United Community Bank

Michelle Ownbey Jan 13, 2025 16:04 PM
PHOTO COURTESY UNITED COMMUNITY BANK
Allen Schmale has been named president and chief executive officer of United Community Bank, effective immediately. He had been serving as interim president and CEO since Aug. 30.

"Allen is the ideal leader for this role," said Bob Narmont, chairman of the UCB board of directors. "His deep banking expertise, dedication to serving our customers and communities, and ability to engage and motivate our team have been invaluable as we continue to grow and strengthen our organization."

Schmale has been with UCB for the past 15 years, previously serving as chief lending officer.

"I’m honored to take on this role and continue building on the strong foundation of service and trust that UCB has cultivated over the years," said Schmale.

Narmont also acknowledged the contributions of the search committee formed to guide the CEO/president selection process, highlighting the dedication of committee members Jerry Barkmeier, Rick Grenzebach, Bob Rhea and Chuck Davis.

"As the bank looks ahead, its focus remains on delivering exceptional service to customers, fostering economic growth in the communities it serves and advancing its strategic priorities under Schmale's leadership," Narmont said.

United Community Bank, headquartered in Chatham, is an employee-owned regional bank holding company with roots dating back to 1907, when Farmer’s State Bank was established in Greenfield, Illinois. In 1973, a local group led by Robert Narmont invested in Farmer's State Bank. Today, United Community Bank has grown to more than $3.5 billion in assets and operates eight bank brands comprising more than 100 banks in 35 communities in central, west central and southwest central Illinois, northeast Missouri and southwest Florida.