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State Bank announces new president

State Bank announces new president Source: State Bank FREEPORT State Bank recently announced that Peter Morrison has been selected as the next president/CEO, effective May 17. Morrison’s community banking career spans three decades and includes experience from multiple leadership roles. He served as president of Elgin State Bank for 12 years prior to a Wintrust Financial acquisition where, throughout his tenure, he served as executive vice president, chief financial adviser and chief operating officer for two Wintrust Charters, St. Charles Bank and Trust and Wheaton Bank and Trust.  He attended Indiana University and completed the University of Wisconsin Graduate School of Banking. 

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