In April 2016, Karen Gregerson was hired as president and CEO of The Farmers Bank, Frankfort, Indiana. Her work ethic, passion for developing herself and for leading others have fueled her ascension to leader of the bank. “We were looking for someone with banking experience, who was comfortable with a community bank and who could carry the culture of our bank as a great place to work and bank. We know we made the right decision,” said R. Kent Ryan Jr., Chairman of the Board
Karen has 35 years of experience in banking. Prior to joining The Farmers Bank, she was with STAR Financial Bank (STAR), Fort Wayne, Indiana. During her tenure at STAR, she held various positions including: Audit and Tax Manager, Controller, CFO and President of STAR Trust Company.
Karen graduated from Eastbrook High School in Marion, Indiana and obtained a Bachelor of Science degree in Accounting from Ball State University. She is a CPA and also has passed the Certified Financial Planner (CFP) exams. In September 2010, she earned a Master’s of Science in Organizational Leadership from Indiana Tech. Karen is also a Director of the Federal Home Loan Bank of Indianapolis, a $50 billion Government Sponsored Entity that serves as a source of liquidity and funding for banks, credit unions and insurance companies.
Karen has served on a number of Boards in both Marion and Fort Wayne, including the Girl Scouts of America, St. Martin de Porres Community Center, Habitat for Humanity, Matthew 25 Health and Dental Clinic and Junior Achievement. She has also volunteered for the United Way of Allen County and is a past president of the school board of Bishop Luers High School, where she was Academic Super Bowl coordinator.
Karen and her husband Roy have three grown children, Royce, Emily, Ethan and a daughter in law, Casey. In her spare time, she enjoys traveling, ancestry, history, reading and cooking. Karen states “I am so blessed to have worked with wonderful people who have helped me grow and have given me opportunities to advance in my career. I would not have been able to accomplish what I have without them.”
The Farmers Bank is a $500 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, trust & asset management, investment, mortgage, and electronic banking services. Member FDIC, Equal Housing Lender.