.png)
A small Cincinnati bank has tapped a local veteran of the industry to be its leader.
Warsaw Federal Savings and Loan, an independent mutual bank affiliated with First Mutual Holding Co., named Robie Suggs as president and CEO. She replaces Sam DeBonis, who had been in the role since April 2020. Suggs will represent Warsaw Federal in the community and have responsibility for the bank’s sales, operations and financial performance.
“Robie’s proven success helping communities thrive aligns perfectly with our mutual bank mission. Her deep commitment to the organizations in our markets and her rich banking experience makes her a natural leader for Warsaw Federal,” Thomas Fraser, CEO of First Mutual Holding, said in a news release. “We welcome Robie to our banking family and look forward to the positive impact she will have on the customers, community, and Warsaw team members.”
A lifelong Cincinnati-area resident and banking professional, Suggs was most recently chief lending officer for Cincinnati Development Fund. She brings substantial financial services experience to the bank. Prior to her role at Cincinnati Development Fund, Suggs served as vice president of strategic partnerships and vice president of economic development and community outreach for First Financial Bank.
“I look forward to supporting the needs of our customers and community,” Suggs said in the release. “As a mutual bank, we aim to make the best decisions for our customers, communities, and employees. I look forward to uncovering opportunities to remove barriers that prevent financial well-being and support the needs of our depositors. We are committed to creating financial products, services, and equity opportunities for our community.”
Suggs has been a board member and advisory committee participant for a number of nonprofit and community organizations, including Community Building Institute Middletown, United Way of Greater Cincinnati, Over-the-Rhine Community Housing, Federal Reserve Bank of Cleveland and LISC Greater Cincinnati/ Northern Kentucky.
Warsaw Federal is an independent mutual bank with two branch locations. It provides banking products and services to individuals and businesses in Greater Cincinnati and the surrounding communities.
This article originally appeared June 30, 2023 in the Cincinnati Business Courier.
By Tom Demeropolis – Editor, Cincinnati Business Courier