On April 27, 2017, NorthWest Indiana Bancorp announced that it will appoint Todd Scheub to the position of executive vice president, chief banking officer, effective June 5, 2017. Mr. Scheub will be responsible for retail banking, retail and commercial lending, wealth management, and marketing for the corporation. For the last four years, Mr. Scheub served as the chief lending officer of Peoples Bank SB, an Indiana savings bank and a wholly owned subsidiary of the corporation. Mr. Scheub will receive an annual base salary of $200,573 and is employed on an at-will basis. Mr. Scheub will be replacing John Diederich, who has served as the corporation’s chief banking officer since April of last year. Effective June 5, 2017, the corporation will appoint Mr. Diederich to the position of executive advisor to the corporation. Mr. Diederich’s responsibilities will include support to Mr. Scheub, business development, community support, and projects assigned by the chief executive officer. Mr. Diederich will receive an annual base salary of $108,000 and is employed on an at-will basis.