Chief Deposit Officer

ANB Bank has financial strength embodied in $3 billion in assets and is a true community bank with an unwavering commitment to excellence.  The bank helps each of its communities prosper through investment, sponsorship, philanthropy, and employee volunteerism.  It is a passion ANB has for banking that makes a difference.

ANB Bank hires individuals who provide excellent customer service and build meaningful relationships with our customers and within our communities.  ANB is committed to rewarding our team members who strengthen our company and culture.  ANB offers competitive compensation and a comprehensive benefits package for this position.

Hiring Pay Range: $195,000.00 - $245,000.00 per year

• The hiring pay range for this position is commensurate with the level of relevant experience and education.

Health & Wellness Benefits (Subject to Eligibility Requirements)

• Minimum 5 Weeks of Paid Time Off (PTO)
• 11 Paid Holidays
• Medical, Dental, and Vision Insurance
• Health Savings (HSA), Flexible Spending (FSA), and dependent care spending accounts
• Company provided Live, AD&D, and Disability Insurance with supplementation options
• 401(k) plan with discretionary company match and profit sharing
• Discretionary annual bonus and employee referral incentives
• Employee Assistance Program (EAP)
• Tuition Reimbursement Program
• Spanish Communication Assistant Program Incentive
• Employee Banking Products

Summary

The Chief Deposit Officer (CDO) serves as the senior executive responsible for leading the bank’s deposit growth strategy and overseeing all deposit-related functions, including product development, pricing, marketing, treasury management, and retail banking operations. In this capacity, the CDO works closely with the President, Chief Operating Officer, Senior Digital Officer, and Regional Presidents to ensure a unified approach to deposit gathering and client experience. 

As a member of the executive team, the CDO collaborates on strategic planning to align deposit initiatives with the bank’s mission, vision, and financial goals. The CDO is expected to champion a customer-centric culture, ensuring that all deposit products and services meet client needs, regulatory requirements, and community values. Success in this role is measured by achieving annual deposit growth targets, maintaining cost of funds at or below plan, and supporting sustainable growth in a competitive market.

The ideal candidate is a visionary leader with a proven ability to balance tradition and innovation in community banking, drive digital transformation, and foster a culture of service excellence and continuous improvement across all lines of business.

Essential Duties and Responsibilities

• Strategic Leadership & Planning
  • Develop and implement strategies to grow the bank’s deposit portfolio, deepen customer relationships, and expand market share.
  • Partner with the President and executive team on the strategic planning process to ensure alignment with the bank’s mission, vision, and goals.
  • Lead cross-functional initiatives to drive efficiency and innovation in product and service offerings.
• Product & Channel Management
  • Oversee the design, pricing, and performance of deposit products and services.
  • Collaborate with marketing and digital teams to promote deposit offerings across all channels.
  • Ensure deposit products meet customer needs and regulatory requirements.
• Retail & Treasury Oversight
  • Provide leadership to branch operations, treasury management, and customer service teams.
  • Drive performance metrics and accountability across deposit-generating departments.
  • Champion a culture of service excellence and community engagement.
• Business Development & Growth
  • Oversee retail banking sales/operations and Treasury Management groups, setting objectives to drive new customer acquisition and increase wallet share.
  • Build and nurture relationships with large clients, industry leaders, and community organizations.
  • Identify new market opportunities and oversee expansion efforts, including branch openings and digital service growth.
• Customer Experience & Service Excellence
  • Champion a customer-centric culture throughout the bank, ensuring the highest standards of service are met across all touchpoints.
  • Implement and monitor customer satisfaction metrics, identifying opportunities to improve service and retention.
  • Drive digital transformation initiatives to enhance the customer experience and ensure seamless banking across digital and physical channels.
• Financial Performance & Profitability
  • Work with President and CFO to establish financial targets for each market in alignment with the bank’s overall financial objectives.
  • Work with the CFO to monitor and report on performance metrics, including deposit growth, account/customer relationship growth, and net interest margin.
  • Implement cost-control measures and process improvements to enhance efficiency and operational profitability.
• Regulatory Compliance & Governance
  • Ensure all banking activities are compliant with federal, state, and local regulations.
  • Stay abreast of regulatory changes and oversee training to maintain adherence to current laws and industry best practices.
  • Represent the bank in regulatory audits, examinations, and community engagements, upholding the bank’s commitment to ethical practices.
• Team Leadership & Development
  • Build, develop, and mentor a high-performing team of banking professionals, fostering a culture of collaboration, innovation, and continuous improvement.
  • Implement professional development programs to enhance the skills and knowledge of direct reports and their teams.

Supervisory Responsibilities 

• Oversees the following functional areas:
  • Retail Branch Operations
  • Customer Care Center
  • Marketing
  • Business development activities of regional Treasury Management groups in coordination with Regional Presidents
• Recruits, interviews, hires, and trains officers, managers, and employees in the department.
• Provides constructive and timely performance evaluations.
• Handles discipline and termination of employees in accordance with company policy.

Education and/or Experience

• Education: Bachelor’s degree in finance, business administration, or a related field (MBA or relevant advanced degree preferred).
• Experience: Minimum of 10-15 years of progressive banking experience, with at least 5 years in a senior leadership role within a community or regional bank.
• Knowledge: Strong understanding of community banking, loan operations, credit risk management, and financial services regulatory requirements.
• Skills:
  • Exceptional strategic planning and execution abilities.
  • Strong interpersonal and communication skills for customer interaction, team leadership, and executive collaboration.
  • Proven track record of driving growth and profitability while managing risk.

Work Environment 

• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The work environment for this position is commiserate with normal business office conditions, experiencing moderate noise levels associated with general office equipment such as telephones, computers, printers, and copiers.  Occasionally exposed to outside weather conditions and noise associated with traffic while traveling to meetings at other locations.

Equal Opportunity Employer / Affirmative Action / Minorities / Female / Disability / Veteran

ANB Bank is committed to providing Equal Opportunity in Employment.  The Bank is continually trying to improve recruitment, employment, development, and promotional opportunities for its employees.  Our selection decisions are based on job-related factors and not on the basis of age, race, sex, color, religion, national origin, disability, sexual orientation, veteran status, pregnancy, marital status, genetic information, gender identity, or any other status protected by federal, state, or local law.

ANB Bank complies with the Equal Pay for Equal Work Act.  ANB Bank requests that Applicant not disclose its wage history to ANB Bank.  If ANB Bank for any reason comes into possession of Applicant's wage rate history, ANB Bank will not rely on it in determining a wage rate.  ANB Bank requests that Applicant not provide information on age, date of birth, or graduation date from any academic institution, including on resumes.

Anticipated Date of Application Window Closure: 01/31/2026 (or until filled)

Salary : $195,000 - $245,000