Farmers Bancorp Frankfort IN : and The Farmers Bank Announces the Resignation of Karen Gregerson from its Board of Directors

Farmers Bancorp and The Farmers Bank Announces the Resignation of Karen Gregerson from its Board of Directors

Frankfort, IN - Farmers Bancorp (OTC: FABP) ("FABP") and The Farmers Bank (the "Bank") announced today that Karen Gregerson has submitted her resignation from both boards, effective June 6, 2024, to pursue other opportunities. Gregerson joined FABP and the Bank in 2016 as the President and Chief Executive Officer of the Bank, and President of FABP, while also serving on both boards as a non-independent director. She retired from her roles as President and Chief Executive Officer in September, 2023.

Christopher D. Cook, President and CEO commented, "I want to thank Karen for her guidance through our transition during her retirement. All of us appreciate the eight years of dedication to The Famers Bank and our local communities."

The Bank is a $990 million asset organization chartered in 1876 with headquarters in Frankfort, IN. The Bank is locally owned and operated with 11 banking offices located in Central Indiana providing retail, business, trust & asset management, investment, mortgage, and electronic banking services. Member FDIC, Equal Housing Lender.