ClearPoint's George Junker announces retirement; David deGorter named CEO

Batesville, Indiana - August 22, 2017- After a 38 year business career, with more than 20 years at ClearPoint Federal Bank & Trust, its President, George Junker, is announcing his retirement effective later this year. George has been with the Bank since its formation, managing its growth and development to become one of the leading providers of trust and recordkeeping services in the marketplace. The Bank began in 6 states with a handful of customers, and now serves more than 2,400 funeral home and cemetery locations in 43 states and the District of Columbia. According to George: "As our customers know, this industry is focused on service. I am most proud of our team for the service they have provided to our funeral home and cemetery customers over the years. It is their dedication to serving our customers that has been at the core of our growth, and will ensure ClearPoint's continued success. We have a great team of professionals who genuinely care about the work that they do, and although I will miss working with them every day, I am excited for this next step in my life."

Board Chairman, Michael Devlin commented: "Everyone at ClearPoint appreciates George's contributions to the Bank over the last two decades. He has worked tirelessly in growing the business, and has more than earned this retirement. We will miss his leadership of the team, but know that he has built a solid foundation from which ClearPoint will continue to thrive."

David deGorter, a Director of the Bank since 2009 and a former President, has joined the Senior Management team of the Bank as CEO. David will be working closely with our current Senior Management team, including Tim Schoettmer, CFO, Ashlee Theising, Vice President Trust Operations, and Elizabeth Kmiec, Vice President Trust Administration, who will continue to manage the day to day activity of the Bank. David noted: "I have had the honor and pleasure of working alongside George and his team over the past eight years. It is an exciting time to be a part of this industry. ClearPoint is well positioned to continue our growth and industry leadership." David has over thirty years of experience in financial services, including time working in the deathcare industry. His knowledge of the Bank and its operations will help ensure a seamless transition for the Bank's customers.

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.