THE FARMERS BANK APPOINTS TWO NEW MEMBERS TO BOARD OF DIRECTORS
The Farmers Bank announces the appointment of two new members to its Board of Directors.
Joining the Board of Directors of The Farmers Bank is Barb Cutillo and Kyle De Fur. “We are excited to have both Barb and Kyle join our Board of Directors. They embody the spirit of community and I am confident they will bring additional insight, expertise and energy to our bank. Adding top talent across all areas of The Farmers Bank, including our Board of Directors, is paramount to serving our customers and communities well. We are very fortunate to be able to attract new directors who are accomplished leaders and have built their own businesses on exceptional customer service and professional advice. Their wealth of knowledge and experience, coupled with their diverse backgrounds, will be an asset to our Board” said Karen F. Gregerson, President and Chief Executive Officer. The addition of Barb and Kyle increases the size of The Farmers Bank Board of Directors from 9 to 11 members.
Barb Cutillo received her Bachelor of Science (BS) degree in Accounting from University of Kentucky. She received her Master of Business Administration (MBA) degree from Kelley School of Business, Indiana University majoring in Finance & Entrepreneurship. In addition to serving on the Board of The Farmers Bank, she is Lecturer of Management at Kelley School of Business at IUPUI in Indianapolis, Indiana and the Managing Director of Prasada Consulting, LLC in Indianapolis, Indiana. As co-founder of Stonegate Mortgage, she grew the company from a small residential broker to a publicly traded national residential mortgage lender and servicer. She is a licensed CPA in the state of Indiana. At various times in her career, she has been a member of Indiana Society for CPAs, American Institute of CPAs, Financial Executives Institute, Society for Human Resource Management, Mortgage Bankers Association, and Angel Capital Association. Barb was named an IBJ “Woman of Influence” in 2013 and has served her community by her involvement in a number of organizations including Board Member of Boys & Girls Club of Indianapolis and Executive Committee Member – Dean’s Council for Kelley School of Business Indianapolis. Barb currently resides in McCordsville, Indiana with her two college-age daughters, Anna and Kate, and likes to travel, read, and practice yoga. "I am honored to be joining The Farmers Bank Board at this time. It is an institution with a long history of helping central Indiana clients with banking and capital needs. I am excited to help them grow and continue to serve our community" said Barb.
Kyle De Fur, received his Bachelor of Arts (BA) degree from Anderson University in Anderson, Indiana. He received his Master of Business Administration (MBA) degree from Xavier University in Cincinnati, Ohio. Kyle also received is Master of Hospital and Health Administration (MHA) degree from Xavier University. In addition to serving on the Board of The Farmers Bank, he is President of trueU, Indianapolis. Prior to that, Kyle was President of Ascension St. Vincent Indianapolis Hospital. At various times in his career, he has been a member of American College of Healthcare Executives, a graduate of the two-year intensive Ascension Health Formation for Catholic Healthcare Ministry Leadership Program, named “100 Leaders of Great Hospitals in America, named “300 Hospital and Health System Leaders to Know” and was mentor of the year at the 2019 Inspire Awards. Kyle has served his community by serving as a mentor to a number of young leaders in their 20s and 30s. He is currently on the board of EDGE Mentoring and Anderson University. When not working, Kyle enjoys spending time with his wife of over 30 years, Dana. They have 2 married sons, Cameron and Clayton and two grandsons. He enjoys golf, reading and serving at his church. “I’m honored to have the opportunity to serve on The Farmers Bank Board. The Farmers Bank is an organization uniquely committed to the development of a healthy culture and making a difference in the communities they serve” said Kyle.
The Farmers Bank is a $750 million asset organization chartered in 1876 with headquarters in Frankfort, IN. The Farmers Bank is locally owned and operated with 10 banking offices located in Central Indiana providing retail, business, investment & trust management services, mortgage, and electronic banking services. Additional information can be found at www.thefarmersbank.com. Member FDIC, Equal Housing Lender.