The financial institution has announced that Katie Lorenson, the company’s current executive vice president and chief financial officer, will become the next president and CEO. Lorenson will succeed Randy Newman, who will remain involved with the institution and will transition to the position of executive chairman of the board.
The Post Bulletin recently hired a Rochester entrepreneur and media leader, Kati Cooley, to serve as director of advertising. She replaces Ken Henry, who served as advertising director for more than two years.
First Alliance Credit Union, which has three Rochester branches and one in Byron, opened a Stewartville branch at 300 N. Main St. That's the former home of a Wells Fargo Bank branch, which closed in 2019.