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Bill Redman Joins Lake City Bank to Lead Indianapolis Commercial Banking Team

WARSAW, Ind., July 07, 2015 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that Bill Redman has joined its Indianapolis team as Senior Vice President and Regional Commercial Banking Manager.

Redman joins the bank from National Bank of Indianapolis, where he was a vice president and manager in the Commercial Banking Group. He has extensive experience in commercial banking in the Indianapolis market, having started his career with National City Bank in 1987.

“Our progress in the Indianapolis market has established a strong reputation for Lake City Bank and we’ve been very pleased with our successful growth in the market. Clearly, the Lake City Bank strategy has been well received by our commercial and retail clients in the market and we’re very pleased to have a commercial banker with Bill’s experience and reputation join our team,” said David M. Findlay, President and Chief Executive Officer. “Bill has been actively engaged in the Indianapolis community for nearly 30 years and will be a great leader for our commercial banking team in the market.”

Lake City Bank began service to commercial customers in Indianapolis in 2006. The bank’s regional headquarters office opened at 96th Street and Meridian Street in 2011. The bank added offices at State Road 37 and 131st Street and on 82nd Street in Clearwater Crossing in 2013 and 2014, respectively. A fourth site is expected to open in late 2015 or early 2016 at 96th Street and Michigan Road, and a fifth location is in the site selection process.

“We’ve assembled a strong commercial banking team in the Indianapolis market under the leadership of Clint Pletcher and are extremely grateful for Clint’s 22-year career at Lake City Bank and wish him well upon his retirement. Working with Sara Hill, our Indianapolis Retail Banking Regional Manager, Bill will continue to grow our presence and reputation in the Indianapolis area,” Findlay said. “We’re very excited about our future in Indianapolis and Bill’s addition to our team ensures that we will remain committed to bringing client-driven financial services to the market.”

Redman has a bachelor’s degree from Ball State University and a master’s in business administration from Butler University. He is a director of the Carmel Chamber of Commerce. His past affiliations include board and committee service for Janus Developmental Services, Ivy Tech Community College and the City of Carmel. He is a graduate of the Hamilton County Leadership Academy.

“Bill will be a great addition to our experienced Indianapolis team. As we continue to focus on growing our commitment to the Indianapolis business community, Bill will bring a wealth of experience and market knowledge to Lake City Bank, where our six commercial bankers have more than 100 years of experience,” said Eric H. Ottinger, Executive Vice President of Commercial Banking. “Our relationship-based commercial banking strategy is working very well in the market and we look forward to a strong future with Bill’s leadership in the market.”

“I am excited to join the Lake City Bank team and to carry on the growth and success story of the bank in the Indianapolis market,” Redman said. “With the strong culture of Lake City Bank and the excellent team assembled under Clint Pletcher, the future is very promising.”

Lake City Bank, a $3.5 billion bank headquartered in Warsaw, Indiana, is the fourth largest bank in the state, and the largest bank 100% invested in Indiana. Lake City Bank operates 46 branch offices in northern and central Indiana, delivering technology-driven solutions in a client-centric way to individuals and businesses. The bank is the single bank subsidiary of Lakeland Financial Corporation (Nasdaq:LKFN). For more information visit www.lakecitybank.com.

Contact: Mary Horan Vice President Director of Marketing and Public Relations 574 371-9280 office 574 377-9150 mobile mary.horan@lakecitybank.com

Source:Lake City Bank