Union Savings Bank Executive and Leadership Team

Nicholas Kost, the Chief Financial Officer at Union Savings Bank, directs the financial strategy and fiscal operations for the institution. Overseeing all accounting functions, Kost ensures robust financial reporting and compliance with regulatory standards across the Northern Illinois service area. This leadership role involves managing capital allocation, liquidity, and investment portfolios to support the bank's long-term growth objectives and maintain financial stability. By optimizing financial processes, Nicholas Kost drives efficiency and strengthens the bank's market position. The Chief Financial Officer also collaborates with other senior leaders to develop strategic financial plans that align with the bank's mission of providing comprehensive banking services. Kost's oversight extends to risk management, safeguarding the bank's assets and ensuring sustainable profitability for the organization.

Dawn Elliott, the Chief Financial Officer & Treasurer at Union Savings Bank, manages the institution's financial health and treasury functions. Elliott oversees the bank's liquidity, cash flow management, and capital structure, ensuring financial resilience and supporting strategic growth initiatives across Northern Illinois. This dual role involves rigorous financial planning, budgeting, and forecasting to maintain fiscal discipline and optimize resource allocation. By directing investment strategies and managing banking relationships, Dawn Elliott safeguards the bank's assets and enhances shareholder value. The Chief Financial Officer & Treasurer also ensures compliance with all financial regulations and reporting requirements. Elliott's expertise drives sound financial decision-making, reinforcing Union Savings Bank's commitment to stability and service excellence.

Christopher Bayles, the Chief Information Officer at Union Savings Bank, architects and executes the bank's technology vision and infrastructure. Bayles oversees the development and implementation of secure, scalable IT systems that support all banking operations, from personal and business accounts to investment and mortgage services. This critical role ensures the integrity and availability of data, protecting customer information and maintaining operational continuity across the Northern Illinois region. By driving digital transformation initiatives, Christopher Bayles enhances customer experience and operational efficiency. The Chief Information Officer also manages cybersecurity defenses, mitigating risks and ensuring compliance with industry regulations. Bayles's strategic direction empowers the bank to leverage technology for competitive advantage and service delivery.

Stacy Fernstaedt, the Chief Human Resources Officer at Union Savings Bank, leads all aspects of human capital management and organizational development. Fernstaedt cultivates a strong corporate culture that supports the bank's mission and values, ensuring a positive and productive work environment for employees across Northern Illinois. This executive function involves talent acquisition, employee relations, compensation and benefits, and professional development programs designed to attract and retain top talent. By fostering employee engagement and growth, Stacy Fernstaedt directly contributes to the bank's ability to deliver exceptional service. The Chief Human Resources Officer also ensures compliance with labor laws and implements HR policies that align with the bank's strategic objectives. Fernstaedt's leadership strengthens the workforce, enabling Union Savings Bank to meet its community banking goals.