/UCW/ BELOIT, WI – April Glosser, president and founder of Thrive Market Intelligence, has been appointed to the board of directors of Blackhawk Bancorp, Inc. (OTC-QX: BHWB) and its subsidiary, Blackhawk Bank. Thrive, based in Rochelle, IL, was started in 2007. It supports clients in making data driven and evidence based decisions on new market entrance, sales intelligence, product development and competitive analysis. “April’s entrepreneurial spirit and diverse industry experience will be a perfect fit for our board,” said Rick Bastian, Chairman and CEO. “Her exceptional analytical skills and strategic insights will be invaluable as we navigate an increasingly complex and competitive environment,” he added.
Glosser is a graduate of the University of Illinois where she received a Bachelor of Science in Biology. She served as a director for the Rochelle Area Community Foundation for six years and now serves on their advisory board. She is a member of the Strategic and Competitive Intelligence Professionals and the Academy of Professional Intelligence. Her previous work experience includes a variety of analytical, service and marketing management positions with Woods Equipment Company of Oregon, IL.
About Blackhawk Bancorp
Blackhawk Bancorp, Inc. is headquartered in Beloit, Wisconsin and is the parent company of Blackhawk Bank, which operates eight banking centers in south central Wisconsin and north central Illinois, along the I-90 corridor from Belvidere, Illinois to Janesville, Wisconsin. Blackhawk’s locations serve individuals and small businesses, primarily with fewer than 200 employees. The company offers a variety of value-added consultative services to small businesses and their employees related to its banking products such as health savings accounts and investment management.
When used in this communication, the words “believes,” “expects,” and similar expressions are intended to identify forward-looking statements. The company’s actual results may differ materially from those described in the forward-looking statements. Factors which could cause such a variance to occur include, but are not limited to: heightened competition; adverse state and federal regulation; failure to obtain new or retain existing customers; ability to attract and retain key executives and personnel; changes in interest rates; unanticipated changes in industry trends; unanticipated changes in credit quality and risk factors, including general economic conditions; success in gaining regulatory approvals when required; changes in the Federal Reserve Board monetary policies; unexpected outcomes of new and existing litigation in which Blackhawk or its subsidiaries, officers, directors or employees is named defendants; technological changes; changes in accounting principles generally accepted in the United States; changes in assumptions or conditions affecting the application of “critical accounting policies”; inability to recover previously recorded losses as anticipated, and the inability of third party vendors to perform critical services for the company or its customers.
Further information is available on the Company’s website at www.blackhawkbank.com
SOURCE Blackhawk Bancorp, Inc.