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UCB Names New Market Presidents &
Chief Lending Officer
[July 07, 2025]
Chatham, IL, – United Community
Bank (UCB), a trusted leader in Central Illinois banking, is pleased
to announce key leadership transitions and promotions that reinforce
its commitment to growth, client service, and community engagement.
Steve Otten has been named UCB Ambassador. Steve, who serves as
current Springfield Market President, is transitioning to a
mentorship role after 29 years of exemplary service leading UCB’s
Springfield market. In this capacity, he will provide strategic
guidance and leadership support while enjoying more time with his
family, friends, and personal interests.
"Steve’s leadership has been pivotal to our growth," says Bob
Narmont, Chairman of the UCB Board. “His continued mentorship
ensures we maintain our commitment to delivering leading financial
services, and we celebrate his professional excellence and personal
legacy."
To support UCB’s growth, the greater Springfield-area market and
surrounding counties will be realigned into two regions each led by
a newly promoted Market President beginning August 1st.
Additionally, a new Chief Lending Officer has been appointed.
Matt Seman, currently Executive Vice President will be Market
President - North Sangamon, Logan, & McLean Counties. Matt has over
15 years of combined service with Illini Bank and United Community
Bank and more than 25 years as a financial professional. He holds a
bachelor’s degree from Western Illinois University and is a graduate
of the University of Wisconsin – Madison Graduate School of Banking.
Born and raised in Sherman, Matt is
actively engaged in the community. He is President of the
Williamsville-Sherman CUSD #15 Board of Education, serving the Board
for 14 years, the last 7 as President. He also serves as Treasurer
of the Springfield Home Builders Association. He is a past president
and board member of Williamsville Junior Football and has coached
many youth sports. “I look forward to leading the Central North
region,” states Seman. “I am committed to delivering exceptional
service and strengthening our community ties!”
Todd Wood, currently Executive Vice President will be Market
President - Central Sangamon & Morgan Counties. Todd joined UCB in
2008, serving across all lines of business in his 17-year tenure
with the Bank. “I am excited to guide the growth and development of
our newly designated UCB Central region,” says Wood. “I look forward
to building on our tradition of community-focused banking!”
Hailing from Chatham, Todd is a graduate of the University of
Illinois Springfield with a B.S. in Business Administration. He
enjoys sharing his financial expertise in the community serving on
the Illinois Real Estate Title Center Executive Board and
Budget/Compensation Committee, The Greater Springfield Chamber of
Commerce’s Leadership Springfield Board, Springfield Ball Charter
School Board, United Way of Central Illinois Vision Council, Panther
Creek Country Club’s Finance and Golf Committees, and is a member of
the Capital Area Association of REALTORS Commercial Real Estate
Network.
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David Drennan,
currently Executive Vice President has been named Chief Lending
Officer of United Community Banks. David is nearing his 20th
year with UCB. An expert in loan development, underwriting, and
operations, he will oversee lending management including
operations, compliance, and profitability across all UCB
markets. A Springfield native, David earned a B.S. in Business
Administration from Southern Illinois University Edwardsville, a
Master of Business Administration from Benedictine University at
Springfield, and Banking and Executive Leadership Certification
from Graduate School of Banking at University of Wisconsin –
Madison.
“Serving as Chief Lending Officer is an honor, following the
lead of Allen Schmale our President and CEO,” shares Drennan. “I
am eager to continue advancing our lending services and
technologies to benefit our clients!” He currently serves on the
boards of LLCC Foundation and HSHS St. John’s Hospital and is a
member of HSHS System Finance Committee. In addition to his
reading mentorship at Harvard Park Elementary School, Dave has
also been a mentor and instructor with the Sangamon CEO Program
and an adjunct instructor for Millikin University’s
Organizational Leadership Program.
“These promotions reflect the exceptional talent within our
organization and our vision for growth,” states Allen Schmale,
President and CEO. “Matt, Todd, and David will lead with
integrity and innovation, strengthening our commitment to our
customers and our communities.”
About United Community Banks
United Community Bank, headquartered in Chatham, Illinois, is an
employee-owned regional bank holding company with roots dating
back to 1907, when Farmer’s State Bank was established in
Greenfield, IL. In 1973, a local group led by Robert Narmont
invested in Farmer's State Bank with the goal of delivering the
ultimate in customer service while continuing to welcome other
banks into the United Community Bank family. Today, United
Community Bank has grown to more than $3.9 billion in assets and
operates eight bank brands comprising over 100 combined bank
branches and ATMs in 35 communities in central, west central,
and southwest central Illinois, northeast Missouri, and
southwest Florida.
Our United Community Banks include United Community Bank, Marine
Bank & Trust, Brown County State Bank & Golden State Bank,
Farmers State Bank of Camp Point, and Liberty Bank in Illinois,
Mercantile Bank in Illinois and Missouri, and United
Commonwealth Bank in Naples, Florida. To learn more about us and
to visit all our banks online, visit ucbbanks.com.
[Julie Bowen
SVP & Director of Marketing
United Community Bancorp, Inc.]
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