GenoaBank Names Sprouse As new Board of Director

GENOA, Ohio — GenoaBank, a locally owned, independent community bank, announced the appointment of Derek Sprouse to GenoaBank’s Board of Directors, as of April 17, 2020. 

Derek Sprouse joined the family business, Sprouse Insurance, in 2007 after graduating from Ferris State University. He purchased Sprouse Insurance in 2017 upon his father, Mike Sprouse’s, retirement. Derek specializes in Business, Farm and Public Entity Insurance and holds the designation of Certified Insurance Counselor (CIC). He currently serves on the Hastings Mutual Agent Advisory Council, the Ohio Insurance Agents Association Finance and Budget Committee, and is Vice-President of the Fremont Rotary Club. 

“GenoaBank is proud to welcome Derek to our board,” said Martin P. Sutter, GenoaBank’s President and CEO. “We are confident that Sprouse’s background and connection to the Fremont and Port Clinton market will be advantageous to the growth of our institution. His perspective, experience and insight will be invaluable as we continue to follow our vision of becoming the premier bank of Northwest Ohio while continuing to grow a strong, sustainable bank.” 

GenoaBank’s Board of Directors is comprised of local business men and women. Their professional experience, business insight, and community involvement are key to the success of GenoaBank. The board’s additional members include Martin Sutter, Chairman Denise Bowland Kevin Bringe John Harbal Mark Hecklinger Steven Irwin Douglas Samsen 

About GenoaBank

GenoaBank, founded in 1902, is now in its second century of providing a broad range of banking services to business and private customers in Lucas, Wood, Ottawa, and Sandusky Counties. The bank has assets of $426 million and operates branch offices in Genoa, Elmore, Maumee, Millbury, Oregon, Port Clinton, Rossford, Sylvania, and Downtown Toledo Ohio.

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