Gibsland Bank & Trust Welcomes William Michael Hipp As President

Thomas L. Martin, Chairman, & CEO, along with the Board of Directors of Gibsland Bank & Trust (GBT), in its continued effort to effectively serve the communities of Northwest Louisiana, is pleased to announce William Michael ”Mike” Hipp has been named President of Gibsland Bank & Trust.

“We are delighted to welcome Mike to Gibsland Bank & Trust; he has proven himself as a strong leader in community banking,” said Thomas L. Martin, Chairman & CEO of GBT. “We are looking forward to Mike’s leadership and are confident that his experience and perspective will further the success the Bank has enjoyed as a leading community bank in Northwest Louisiana.”
Mike succeeds Tom Martin, who has been with Gibsland Bank & Trust for 40 years and has served as the President, Chairman, and CEO for the past seven years. Tom will continue his position as CEO and will remain Chairman of the Board of Directors. Mike has over 34 years of experience in Financial Services, including time as Vice President and Compliance Officer at Sicily Island State Bank and most recently as Executive Vice President and Chief Operating Officer of Winnsboro State Bank. Mike’s experience covers all aspects of banking, from consumer and commercial lending to operations and compliance.

Mike is married to Sharon Maxwell Hipp and has two children and four grandchildren. He is an outdoorsman that loves to hunt, fish, and spend time with family. A graduate of West Monroe High School, Northeast Louisiana University, and LSU School of Banking, Mike spends his time volunteering for various civic clubs, Dixie Youth, and Chambers of Commerce. Mike, along with his family, are members of Christ Church in West Monroe.

About Gibsland Bank & Trust

GBT will remain an independent community bank by providing high quality financial services and technology to small businesses, consumer, agriculture, and non-profit customers while providing a reasonable return for its shareholders and remaining an active citizen in the communities it serves, and FURTHER, that it has been and will remain a primary mission of Gibsland Bank & Trust Company and Gibsland Bancshares, Inc. to promote community development in their designated Target Market, a group of communities at risk of being financially underserved or distressed, through the provision of financial products and services to residents of the Target Market and to businesses located there, and to provide Development Services (as defined in 12 CFR Part 1805) in conjunction with the provision of financial products and services in the Target Market, all with a view towards improving the social and economic conditions of the residents of, and businesses located in, the Target Market.

Media Contact:
Mike Hipp
President, Gibsland Bank & Trust

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