MUSCATINE, Iowa–David E. Carpenter, Chairman, announced the appointment of Joseph A. Steil as President of Community Bank and Trust Company, headquartered in Muscatine. Steil, a native of Iowa, brings over 40 years of experience in community banking to the organization, having worked in similar institutions in Iowa, Illinois, and Wisconsin. Steil previously served as CEO and President of Keokuk Savings Bank and Trust Co. and CEO of Lee County Economic Development Group.
Steil graduated with a bachelors in business administration and accounting from Briar Cliff College, Sioux City. He received a diploma from the Graduate School of Banking, University of Wisconsin – Madison, and graduated from multiple national and state banking curriculums. He has held numerous state and community leadership roles and professionally served on the Iowa Bankers Association Executive Board of Directors and represented Iowa bankers by serving on the American Bankers Association Community Bankers Council in Washington, D.C.
Steil and his wife, Patty, look forward to becoming active members in the Muscatine Community. He will replace Tom R. Spread in his capacity as president. Spread announced his retirement effective March of 2021. In the near term, Spread will retain his role as CEO and a member of the Board of Directors.