CIB Marine Bancshares, Inc. Announces Addition to Board of Directors


BROOKFIELD, Wis., Nov. 19, 2021 (GLOBE NEWSWIRE) — CIB Marine Bancshares, Inc. (the “Company” or “CIB Marine”) (OTCQX:CIBH) announced today that Ms. Rhonda Hopps, CFA, has been appointed to its Board of Directors, effective November 18, 2021.

Based in the Company's Chicagoland market, Ms. Hopps has spent the past decade in executive management of charter schools and youth development organizations on Chicago's south side and currently serves as the Executive Director of Chicago's Comer Education Campus, an organization that serves over 2,000 youth annually with a dynamic integration of academics, youth enrichment, and college and career preparation. Prior to her service with charter schools, Ms. Hopps served for more than two decades in a variety of positions within the financial industry, including as Director for Red Mortgage Capital's Chicago, Illinois office; and Senior Portfolio Manager for Allstate Investments, where she managed up to $4 billion in private placement, project finance, and non-rated municipal investments.

“We are thrilled that Ms. Hopps has agreed to join the Board of Directors of CIB Marine. Her extensive financial skills, decades of corporate finance experience, and passion for serving others are an ideal match for a community bank dedicated to supporting the communities we live and work in,” said Mr. Mark Elste, Chairman of the Board of Directors.

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