First Trade Union Bank has appointed a new board chairman and added three new members to its board of directors.

Dale Stuhlmiller has been appointed chairman of the board. Stuhlmiller, a board member since 2008, will begin his term this month. Stuhlmiller succeeds Harry Dow, who served on the bank’s board for ten years, the last four as chairman.

"[Dow] has been an instrumental part of the Bank’s transformation over the past four years and will be missed," said Michael Butler, First Trade’s president and CEO. "We all are very appreciative of the time and effort [Dow] has put into the organization. And we’re looking forward to the future with [Stuhlmiller] as chairman."

Three new directors have been appointed to fill vacant spots: Steve Adamic, Dr. Thomas J. Mackell, Jr. and Howard Newburg.

Adamic was formerly director of finance at Raytheon in their data systems division, and also served as CEO of Mercury Company. He currently works as an independent consultant and arbiter.

Mackell currently serves as chairman of the board of directors of United Benefits and Pension Services, Inc. He also served a term as chairman of the board of directors of the Federal Reserve Bank of Richmond from 2005 to 2008.

Newburg is a licensed certified public accountant, licensed certified valuation analyst and is certified in financial forensics through the American Institute of Certified Public Accountants.  He is currently CEO and managing partner of Newburg & Company, LLP, a CPA firm that provides accounting and auditing services and other consulting services.

Their terms begin this month.

"We believe that the demands on community banking, from both an economic and regulatory perspective, require industry-leading professionals at all levels of the organization.  The addition of these individuals, supplemented by our existing board and management team, position us well to achieve our objective of becoming one of the highest performing community banks in the region," said Butler.