McDonald takes over as F&M president

The board of directors for F&M Bank-Landmark has named David J. McDonald president and director of the bank. McDonald is also the president and director of F&M Bank-Lakeland in Woodruff, and he will be the regional president for F&M Banks located in northern Wisconsin and Minnesota.

Assisting Dave McDonald in the F&M Banks in Hudson, Clear Lake and Amery will be Timothy B. Magee, assistant vice president, consumer and commercial banking; Jean R. Pabst, vice president-consumer and commercial banking; Carla M. LaBlanc, chief financial officer; local directors for F&M Bank-Landmark, include Allen Voelz, Roger Olson, John Buhr and Jill Burchill, in addition to McDonald.

McDonald said, "I am looking forward to working with our talented F&M employees and directors in continuing F&M's locally driven community banking philosophy. By keeping decisions close to the customers, offering products and services that best fit customers' life-styles, and encouraging employees to be involved in the community, F&M is committed to helping customers and communities achieve their dreams."

A leader in community banking for many years, McDonald has been the president of F&M Bank-Lakeland since 1995. Previously, he was promoted within that bank from chief lending officer, vice president-lending, and assistant vice president-lending, having started as a loan officer in 1976 when the bank was known as Lakeland State Bank. Prior to that he worked at First National Bank in Stoughton, and Northern Credit Company in Janesville and West Bend. He served in the U.S. Army and was located in Germany.

Active in community activities, McDonald has been a member of the Lions Club, served on the board of the Howard Young Medical Center, and been chairman of both the Howard Young Health Care and the Dr. Kate Newcomb Convalescence Center. He is currently a member of the VFW, Oneida County Revolving Loan Committee, and is on his church's board and finance committee.

Having received his bachelor's degree in finance from UW-Whitewater, McDonald was raised in the Hartford area. He and his wife, Anita, reside in Minocqua. They have two adult sons, Terry and Brian. McDonald's hobbies include boating, downhill skiing and golfing.

McDonald succeeds Daryl Standafer as president. "Daryl has served F&M Bank-Landmark and its customers very well over the years," McDonald said. "His contributions to the growth of the bank, meeting the needs of the customers, and his involvement and support for community activities, are to be commended."

F&M-Landmark is a member of the group of community banks of F&M Bancorporation, a multi-bank holding company located in Kaukauna. F&M stock is traded on the NASDAQ National Market System under the symbol FMBK. F&M currently serves customers at 87 full service bank locations and 98 ATMs in Wisconsin, Minnesota and Iowa, with assets of approximately $2.6 billion.

On April 19, 1999, F&M announced a definitive agreement with Citizens Banking Corporation in which citizens would acquire F&M in a stock-for-stock merger transaction. The boards of directors of both companies have approved the transaction, which is expected to close in the fourth quarter of 1999 pending shareholder and regulatory approval and other closing conditions.