New Director and CEO Appointments

Citizens First Bank (CFB) is proud to announce changes in its leadership team as it continues to drive steady growth and strengthen its position as a local community bank.

Stephen Clements has been appointed President & CEO, taking the CEO role upon the planned retirement of Kathy Forrest, who was a founding member of leadership of Citizens First Bank, and worked most recently as CEO. Additionally, Elizabeth Srp joins the bank’s Board of Directors. These strategic appointments reflect CFB’s commitment to nurturing community relationships and building upon its loyal customer base, which has propelled the bank’s asset size to $300 million over the course of 23 years.

Stephen Clements will focus on strategic initiatives and spearheading business development to achieve the bank’s goals. He gains the CEO title for Citizens First Bank while also maintaining his position as the President of CFB Holding Company. Furthermore, Clements will serve as a member of the board of directors, taking on a more active role in leadership.  Stephen joined Citizens First Bank in 2011 as a Commercial Lender.  He holds a bachelor’s degree as well as his Master’s, in Business Administration, both from the University of Dubuque. His continuing education includes the Iowa School of Banking, Graduate School of Banking – Wisconsin, and the Executive Development Institute at the Graduate School of Banking at Colorado.

Joining the Citizens First Bank Board of Directors is Elizabeth Srp, an attorney who has lived in the area since 2005.  She and her husband Dan have three children.  Liz is co-owner of Abstract & Title Guaranty, Co. since January 2023, and owner of Srp Law, PLC.  Liz currently serves as a board member on the Skyline Center, Inc. and Skyline Center Foundation, Great River Aquatics Club and Clinton Middle School PTSA.  Liz has her Juris Doctor from the University of Kansas School of Law (2001) and her B.S. in Communications – Journalism from Truman State University (1998).  She will be a welcome addition to the existing board of directors.

The planned advancements in leadership support the continued growth and innovative culture at Citizens First Bank.

Founded in 2000, Citizens First Bank has established itself as a preferred choice in community banking. The bank offers a wide range of locally owned banking choices, digital solutions, and services expertise. With headquarters located at 1442 Lincoln Way in Clinton, Citizens First Bank operates additional branches at 1329 N. 2nd St. and 403 Washington Boulevard in Camanche.  The bank’s digital branch can be accessed at www.GoCFB.bank.