Allan Towle Retirement

A message from Tony Konrade, President/CEO of Heritage Bank

I am writing to share an important announcement regarding Allan P. Towle, Executive Vice President of Heritage Bank.

After nearly 40 years of dedicated service to the banking industry, Allan will retire effective February 28, 2026. Allan previously served as Chairman, President, and CEO of Fidelity State Bank and Trust Company for more than 29 years. Throughout his career, Allan has been widely respected for his leadership, integrity, and unwavering commitment to community banking. Following Heritage Bank’s acquisition of Fidelity, Allan played an instrumental role in supporting a smooth transition for employees, customers, and the community. His leadership and steady presence were invaluable during this period, and his willingness to share his experience and institutional knowledge greatly benefited our organization.

Reflecting on his career, Allan shared:
“I joined Fidelity State Bank and Trust Company in 1996 and was named president in 2008, CEO in 2014, and chairman in 2018. I am happy to be a small part of an amazing staff that has been able to assist with the success of each other and many customers over these years.”

When asked about his decision to retire, Allan stated:
“Our merger has progressed well, with minimal disruption for customers. Employees are adjusting to their new roles and responsibilities. This creates an opportunity for me to retire to spend more time with my wife of 40 years, my children, and grandchildren. This is also an opportunity to spend more time on my faith life, loving God and my neighbor. I will miss the many friends that have had such a big impact on my life.”

On behalf of Heritage Bank, I want to sincerely thank Allan for his many years of leadership, service, and dedication. His impact on both Fidelity and Heritage Bank will be lasting, and we are grateful for the example he has set as a leader and colleague.

Please join me as we congratulate Allan and wish him all the best in this next chapter. To honor Allan’s retirement, we will be hosting a retirement reception on Thursday, February 26th from 4:00PM – 6:00PM at our Kansas Avenue branch, located at 600 S. Kansas.  If you are unable to attend, we invite you to stop by the branch to share your congratulations and well wishes to Allan before his retirement.

Tony Konrade

President/CEO