Royal Bank recently appointed Dan Ravenscroft to serve as president and CEO. He succeeds four outgoing presidents: Jack Heding, Rick Busch, Bob Hart and Greg Darga, who collectively retired at the end of 2017.
The bank has 19 locations in central and southwest Wisconsin.
“One of our best-kept secrets is the bank’s size,” said Ravenscroft. “Our unique structure allows us to offer the latest products, technology and services that today’s banking customers desire while operating as a local community bank. This structure allows employees − who live and work in the communities we serve − to make decisions that best fit their community and customers’ needs.”
Ravenscroft is a native of Necedah. He’s a graduate of the Graduate School of Banking at the University of Wisconsin-Madison and earned his finance degree from UW-Eau Claire.
During his time at Royal Bank, Ravenscroft has served as an account representative, transitioning to a loan officer and branch manager and most recently serving as regional vice president. In 2016 he was appointed to the Royal Bank Board of Directors and serves on the bank’s advisory boards.
In 2014, Ravenscroft was recognized as “Outstanding Lender” by Independent Banker Magazine.
“The bank has and will continue to benefit from Dan’s experience, leadership and business background,” Heding said. “We’ve joked that we started the succession planning process when Dan was hired over 20 years ago. He’s been an extraordinary asset and we’re highly confident in his ability to lead the bank forward and maintain the strong foundation that’s in place today.”
Ravenscroft and his wife, Kelly, live in Hillsboro with their two children.