First Capital, Inc. Appoints Jill Saegesser as Director
July 22, 2020 at 02:48 am IST
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On July 20, 2020, the Board of Directors of First Capital, Inc., upon the recommendation of its Nominating Committee, increased the size of the Board from 11 to 12 members and appointed Jill Saegesser to fill the vacancy so created, effective July 20, 2020. Ms. Saegesser will serve on the Directors Loan Committee and the Compensation Committee of the Company’s Board. Ms. Saegesser is currently Vice President of Redevelopment and Grant Services for The Wheatley Group, LLC.
First Capital, Inc. is the holding company for First Harrison Bank (the Bank). The Bank is a chartered commercial bank, which provides a variety of banking services to individuals and business customers. The Bank primarily provides real estate mortgage loans. The Bank originates mortgage loans for sale in the secondary market. The Bank also originates consumer loans and residential construction loans for the loan portfolio. First Harrison Investments, Inc. and First Harrison Holdings, Inc. are wholly owned subsidiaries of the Bank that jointly own First Harrison, LLC, which holds and manages an investment securities portfolio. First Harrison REIT, Inc. is a wholly owned subsidiary of First Harrison Holdings, Inc., which holds a portion of the Bankâs real estate mortgage loan portfolio. The Bank has about 18 offices in the Indiana communities of Corydon, Edwardsville, Greenville, Floyds Knobs, Palmyra, New Albany, New Salisbury, Jeffersonville, Lanesville, and Charlestown and others.