Daust takes over as CEO at Range Bank

MARQUETTE — Roxanne Daust is the new chairwoman, president and CEO of Range Bank.

Daust has had several leadership roles over the past two decades while working with former CEO Kenneth Palmer, who retired June 1.

Daust joined Range Bank in 1997 as chief financial officer. She played a key role in the First National Bank merger.

She was promoted to executive vice president in 2011. In this role, she was jointly responsible with Palmer for the day-to-day operations of the bank and worked to grow assets under management.

In September 2017, she was selected to become president and chief operating officer and designated to succeed Palmer as CEO, working closely with him to ensure a smooth leadership transition.

“I am honored to be the CEO of Range Bank. We have a great team and I look forward to continuing to build on our accomplishments well into the future,” Daust said.

Daust began her banking career with MFC First National Bank in Marquette. She also served as an auditor with Anderson, Tackman & Company CPA in Marquette. A graduate of the University of Wisconsin-Madison Graduate School of Banking, Daust has a bachelor of science degree in computer information systems and accounting from Northern Michigan University.

Active within the community, Daust has served on numerous boards and committees, including as past president of the Marquette Area Zonta Club and past Group 1 president of the Michigan Bankers Association. She also is on the Dean Advisory Council for NMU’s School of Business.

Range Financial Corporation is the holding company that owns Range Bank, which has more than $757 million in assets under management and 12 branch offices in Marquette, Dickinson and Houghton counties and a loan services office in Brown County in Wisconsin.