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John Race Retires after 25 Years as Friendship State Bank Director
06/22/2018 – Friendship, IN – John Race, Dillsboro, attended his last Friendship State Bank Board of Directors meeting on Wednesday, May 17 when he retired as a director.

Race and his wife of 50 years are natives of the Dillsboro area. He recalled hayrides and heading to Friendship most Satu
rday nights as a kid where his dad played music.

Race has a heart for helping others. After serving four years in the Navy, he earned his teaching degree, returned to Dillsboro and spent 10 years teaching with South Dearborn Schools. While he truly enjoyed the students and teachers, Race realized that he did not want to teach for the remainder of his career.

Utilizing the education opportunity under the GI Bill, Race continued to take classes. Discovering a love for business and accounting classes, he took every class he could while also working as the Dillsboro Manor administrator. 
Additionally, he began preparing tax returns in his spare time.

Race continued his journey and become a CPA. He opened his own office in 1994 when he was also asked to become a Friendship State Bank Director.

“There was a lot more to being a director than I expected,” Race shared.

Race realized banking was much more complex than it looked from the outside, but he is very proud of the accomplishments of the bank and the board over the past 25 years. He believes some of the most important work the board of directors did was establishing a human resources department, establishing a way to evaluate performance, significant pay increases for staff, and ensuring the employment of quality people who provide quality work and results.

Race did not know any of his fellow directors when he first started, but over the years built lasting relationships. He will miss the comradery.

“I will certainly miss John’s perspective at our board meetings,” said CEO Chris Meyer. “John can be feisty during a debate, which is a terrific skill to have. He challenges ideas and decisions in such a way that a better result is the outcome.” He added that John’s “wisdom, experience, and high character made him a terrific steward of our board ideals, and he represented the shareholders well.”
“John, with his business experience and accounting expertise was a terrific addition to our board,” Jim Lemon, Friendship State Bank President said. “His guidance will be sorely missed.”
You will continue to find Race hard at work and focused on his CPA business in his retirement from the Friendship State Bank board. His passion and love for his work as a CPA and how he can help others is undeniable.

“I don’t understand why people don’t like Mondays,” Race said. “After sitting around all day Sunday, I can’t wait for Monday!...I enjoy meeting people and helping them get out of financial scrapes and when they get in trouble. It is rewarding to help others get back on track.”

Chris Meyer, Friendship State Bank CEO, was elected at the 2018 Shareholders Annual Meeting to serve on the board as the next director.

Fraud Alert Reminder
March 13, 2018

The Friendship State Bank will never call and ask you to provide or confirm any personal information including, but not limited to your social security number, account numbers or debit card number. 

If you are ever suspicious of a call appearing to be from The Friendship State Bank, hang up immediately and call us at 877-667-5101. 

2018 Scholarship Applications
February 13, 2018

Applications for the 2018 Wilke S. and James W. Lemon Scholarship are now available. Details and applications are available here. Deadline to apply is April 1, 2018.

Tax Forms
January 19, 2018

Friendship State Bank mailed all tax forms to customers on Friday, January 19. 

Friendship State Bank Applauds Employee Achievements
December 21, 2017

The Friendship State Bank and Friendship Insurance employs 118 people at eight locations in Southeast Indiana. Fifty-four of those employees have been employed 10 years or longer. Each year Friendship celebrates those milestone anniversaries and achievements.

“We have a truly exceptional work force,” Beth Schmaltz, Human Resources Manager shared. “The Bank’s success is a direct reflection of the type of employees that are ‘lifers’ here.”

Fourteen employees were honored for years of service. Amy Grubbs (Lawrenceburg Retail Banking Officer) and Larissa Phelps (Rising Sun Branch Manager) were recognized for 15 years. Rita Shelley (Data Processor), LeeAnn Lewis (Insurance Accounting Clerk) and Bobbie Purvis (Insurance Customer Service Rep) were recognized for 20 years. Missy Weatherford (Insurance Customer Service Rep), Mike Davies (Senior Lending Officer), and Roxanne Stewart (Vevay Teller) celebrated 25 years with Friendship.

Davies came to Friendship after the community bank where he was employed was bought out by a large corporate bank. This was the trend in the 1990s and his goal was to find another community bank with the hope of working there at least 10 years before they were bought out.

“And here I am 25 years later and with a bank who has no intentions of selling out,” Davies said. “Community banks are becoming rare and it gives us the opportunity to shine by being present and engaged in our communities.”

Purvis was hired in 1997 after her insurance agent, Tom Lewis, encouraged her to apply. She considered it, decided to give it a try and hasn’t looked back.

“This job has given me the opportunity to grow more than I ever expected. Not just in industry knowledge, but in relationships,” Purvis shared. “Twenty years ago, when I started working for the agency, I found some special people. I have since met a lot of other special folks and I think of them as family.”

Those commended for 15 years or more of service received a plaque and gift based on the employee’s individual interests, needs or hobbies. This year’s gifts ranged from trips to the Smokie Mountains, Estes Park Colorado, and Silverton Train expedition.

“The service awards are my favorite part of the evening,” Heather Davies, event coordinator shared. “Especially the 15 plus years and seeing their excitement to get something they really enjoy and they often wouldn’t normally get for themselves.”

“I really like the impact our celebration has on newer employees,” Schmaltz said. “I think it sends a strong message that they made a good decision in coming to work for Friendship and they have the potential for a long and successful career here.”

The Friendship State Bank and Friendship Insurance employs 118 people at eight locations in Southeast Indiana. Fifty-four of those employees have been employed 10 years or longer. Each year Friendship celebrates those milestone anniversaries and achievements.
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