image of the riverfront at night
Local citizens are the backbone of Settlers Bank. Our incorporators and officers bring extensive banking experience to the job and a deep involvement in the community.
Donn Schafer, President and CEO
Scott A. Smith, Senior Vice President and Loan Officer – NMLS# 763878
Teresa Cunningham, Senior Vice President and Loan Officer – NMLS# 489262
Tina Adams, Vice President and Credit Analyst
Elizabeth Silvus, Vice President and Operations Manager
Amy Soul, Vice President and Controller
Laura J. Miller, Assistant Vice President and Corporate Secretary, HR and Marketing
Dr. Robert W. Chase, Director — A resident of Marietta since 1978, Dr. Chase has BS, MS, and PhD degrees in Petroleum and Natural Gas Engineering from Penn State University. He served as Chair and Professor of the Petroleum Engineering Department of Marietta College for 37 years. He has served as a consultant for numerous companies for over 40 years. He is one of the original stockholders in Settlers Bank.
Steve Hall, Director — A lifetime resident of Williamstown, Mr. Hall is a graduate of Williamstown High School and West Liberty State College. He started his banking career at Dime Bank in 1978 where he progressed to Executive Vice President and Chief Lending Officer. He continued his career at Wesbanco as Regional President. He has served as Senior Vice President and Chief Lending Officer for Settlers Bank since its opening in 1999, until his retirement on 12/31/2021. He is a member of the Williamstown Community Improvement Corporation, Waverly Oaks Homeowners Association and the Economic Roundtable of the Ohio Valley.
Donn R. Schafer, Director, President and CEO — Mr. Schafer is a native of Marietta and a graduate of Marietta High School and the Ohio State University. He has been actively involved in banking for nearly 30 years, having been employed by the Guernsey Bank in Cambridge, Ohio as Vice President and Chief Financial Officer from January 1994 until he came to work for Settlers Bank in August of 2002 as Vice President and Chief Financial Officer. Mr. Schafer was promoted to Senior Vice President in May of 2004, to Executive Vice President in May of 2008 and President in May of 2011. He was elected a Director of Settlers Bank in January of 2010. He is the past Chairman of the Board of the Marietta Area Chamber of Commerce, and currently serves on the board of the Memorial Health Foundation and the Economic Roundtable of the Ohio Valley.
Dan S. Stephan Jr., Organizer and Director — A lifetime community resident, Mr. Stephan has been VP of Valley News Service, Inc. Parkersburg, WV since 1979. He served as a director at The Dime Bank from March 1987 to April 1998. Mr. Stephan is also Secretary/Treasurer of S.R. Properties, Inc. of Parkersburg, WV. He has been a director of Settlers Bank since 1999.
Louis G. Stephan III, Director — A graduate of Williamstown High School and Cornell University, Mr. Stephan has an extensive background in hotel management in several locations throughout the eastern United States. Most recently, he was owner of the Holiday Inn at Marietta. He is past president of the Marietta Tourist and Convention Bureau.
Neil R. Wynn, Organizer and Director — A lifetime community resident, Wynn was a director at The Dime Bank from March 1986 to April 1998, when Commercial Bancshares sold the bank to WesBanco. His entrepreneurial ventures include real estate construction and development, oil and gas production and a new car and truck dealership.
James A. Meagle Jr., Organizer, Director, Chairman – Jim passed away in 2015 after living in the community for more than 60 years. Until his retirement on 12/31/2012 he served as President and CEO of Settlers Bank. Meagle was president and CEO of The Dime Bank and served on the board of directors of Commercial Bancshares. He served as president of the Washington County Community Improvement Corporation, and served on the Board of Trustees of the Marietta Memorial Hospital as Treasurer.
Robert G. Kelly, Organizer and Director — Bob passed away in October 2019 after residing in the community for more than 50 years. Mr. Kelly was a director at The Dime Bank from March 1986 to April 1998. Since 1979, Kelly had been employed in the automobile industry. He most recently was the president of Quantum Leasing & Auto Sales in Marietta and was also involved in real estate ownership and development. He served on the advisory board for the Salvation Army and volunteered for Harvest of Hope.