Bank First Corporation (NASDAQ: BFC) has announced the election of Steven Eldred to its board of directors as part of its merger with Centre 1 Bancorp, Inc., the parent company of First National Bank and Trust (FNBT). Eldred, who was elected on January 13, 2026, brings over four decades of experience in community banking and financial services to the Bank First board.
Eldred's career at FNBT, where he held various roles including operations, lending, and executive management, provides him with a deep understanding of bank operations, strategic planning, and the importance of maintaining strong community relationships. Notably, Eldred played a significant role in guiding organizational strategy and long-term growth at FNBT. With over three decades of board experience at Centre 1 Bancorp, Inc., Eldred is also deeply committed to community involvement and civic leadership, currently serving on the boards of Beloit Memorial Hospital and the Beloit 200 Development Corporation, and actively engaging with organizations supporting youth development, education, and conservation.
Molepske, Chief Executive Officer and Chairman of the Board at Bank First Corporation, expressed his pleasure in welcoming Eldred to the bank's board of directors, highlighting Eldred's leadership in community banking and dedication to community engagement. This appointment signifies the bank's commitment to forward-thinking leadership and strategic growth as it moves forward as a combined organization.
This move is set to bring valuable experience and a genuine commitment to community development, positioning Eldred as a valuable addition to the Bank First board. Today the company's shares have moved -0.15% to a price of $129.59. If you want to know more, read the company's complete 8-K report here.
