Farmers National Bank president named FHL Bank board chair
William Marsh, president, CEO and board chairman of Emclaire Financial Corp., which owns Farmers National Bank of Emlenton, has been elected to serve as board chairman for FHLBank Pittsburgh.
Marsh, who has been a board member since 2012, will hold the position for a two-year term that began Jan. 1.
“As a member director in the FHLB system, I represent the needs of Farmers National Bank and other Pennsylvania banks. I am honored by and look forward to serving in this leadership position,” Marsh said.
Before his current role, Marsh worked at KPMG Peat Marwick, an international public accounting and consulting firm. He has served in several principal financial executive positions with publicly traded bank holding companies and community banks in Western Pennsylvania and Maryland.
He is a member of the Pennsylvania Bankers Association and served as chairman for the 2014-2015 term. Marsh served on the Federal Reserve Bank of Cleveland’s Community Depository Institution Advisory Council and currently serves on the board of the Pennsylvania Association of Community Bankers and the American Bankers Association Community Bankers Council.
In 2006, he became executive vice president and was elected to the board of directors of Farmers National Bank and Emclaire Financial Corp. He began his career with them in 2001 as senior vice president, chief executive officer and treasurer.
FHLBank Pittsburgh serves as an intermediary between global capital markets and local lenders and provides readily available liquidity, affordable housing, and community development opportunities to members of all sizes in Delaware, Pennsylvania, and West Virginia. The FHLBank Pittsburgh is part of the Federal Home Loan Bank System and serves as a source of funds for housing, jobs, and growth.
