Mark Dougherty Celebrates 50 th Anniversary with Peoples State Bank
Newton (February 10, 2023) – On January 29, 1973 Mark Dougherty began his career at Peoples State
Bank. Mark served many different roles at the bank during his first 13 years and in 1986 was promoted
to Executive Vice President and Senior Credit Officer. He served in this role full time until his retirement
from the bank in January, 2014. Mark was appointed to the Board of Directors in 1986 and continues to
serve the bank and shareholders in that capacity. Mark is responsible for introducing loan processes and
procedures at Peoples State Bank that have had a significant impact on earnings and credit quality over
the last 50 years. Many of these policies are still in place today and will continue to influence the
direction and success of the lending program for many years to come.
Although retired from his day-to-day responsibilities as an employee of the bank, Mark still serves on
the Board of Directors. Prior to the January board meeting, Mark’s family made a surprise appearance
and the bank directors and officers presented Mark with a gift and plaque commemorating his
accomplishment. Mark and his wife, Debby, reside in Newton. They have two sons, Jordan (Lindsey) and
Collin (Linda Logan), and two grandchildren.
“Mark’s influence on the bank and his contributions to our organization over his 50-year career are
tremendous,” said Stacy Moore, Peoples State Bank President. “Mark plans to retire from the board in
2024 and although he has certainly earned it, we are not looking forward to that day!”
Former Bank President/CEO and current Board Chairman, Greg Ikemire, recognized Mark for his
unwavering commitment over the last 50 years. “Mark’s impact on the bank’s entire loan procedures,
underwriting standards and policies is immeasurable,” Greg said. “Many of those measures were
implemented well ahead of industry and Federal mandates and have been a huge contributor to our
success over the last 50 years.”
Was your wife a teacher at nchs?
I don’t know if Mark will see this, but Debbie was a teacher at NCHS.
Nice job Mark, quite the career, congratulations! They should rename the bank in your honor….
Congratulations and so nice to see good folks recognized for their service .