Tim Schoettmer Joins ClearPoint as Vice President, Chief Financial Officer

Batesville, Indiana - April 18, 2017 - ClearPoint Federal Bank & Trust announced that Tim Schoettmer, a seasoned financial executive, has joined the leadership team as Vice President, Chief Financial Officer. Tim will be responsible for leading the finance, tax, and accounting organizations, as well as, developing strategic financial plans to position the bank for continued growth.

Tim succeeds Dan Wisley, who retired from ClearPoint after serving as CFO for many years. Dan had an accomplished career with over fifteen years dedicated solely to the Death Care Industry.

George Junker, President commented, "We thank Dan for his many years of dedication and service. He was instrumental in implementing numerous systems which positioned the bank for the success it is experiencing today. We are delighted to have Tim onboard as part of our leadership team. We believe that his years of leadership experience in the banking industry will be an integral part of our success and future growth. He has a reputation as a thoughtful leader, and an excellent collaborator."

Prior to joining ClearPoint, Tim served as the Vice President, Chief Financial Officer for FCN Bank, N.A. where he was responsible for all financial planning, analysis, business negotiations, regulatory reporting, and developing strategic financial initiatives.

Tim has a Bachelor's degree in Economics from Ball State University, and a Master's degree of Business Administration from Indiana Wesleyan University. He obtained his Life Insurance License in 1995. Schoettmer has additional banking certifications from Vanderbilt University and Stonier Graduate School of Banking. ClearPoint is honored to be associated with a United States veteran. Tim served in the US Army Reserves from 1984-1991.

Active in the community, Tim serves as a Court Appointed Special Advocate for Southeastern Indiana Voices for Children. He also enjoys spending time outdoors with his wife and two sons at their family farm

Regarding the new position, Tim had the following to say, "I am humbled to be working for a dynamic bank that serves clients nationally. It is apparent to me that ClearPoint is a leader in the industry, a team of committed professionals, and a forward thinking organization. As today's customer looks for a bank that offers convenience, is easy to do business with, and offers multichannel customer support, I welcome the opportunity to help the ClearPoint team drive strategies focused on personal service, growth, competitive earnings, and positive cash flow. I am excited to be a part of the ClearPoint family, and look forward to collaborating with the team."

ClearPoint Federal Bank & Trust is a federally chartered savings bank based in Batesville, Ind., and is dedicated solely to the funeral home and cemetery industry. Independently owned and operated, ClearPoint has provided customized funeral home and cemetery trust services since 1998, and is now serving clients in over 40 states. Visit clearpointfederal.com to learn more.