Jack Montgomery To Retire From Peoples Bank


After 32 years with the Peoples Bank, Lawrence ‘Jack’ Montgomery of Brownstown plans to retire at the end of March.

Well known banker and Crothersville native Lawrence “Jack” Comtgomery will be retiring from The Peoples Bank at the end of this month after 32 years with the Jackson County based financial institution.
Montgomery joined The Peoples Bank in 1968. He also obtained extensive experience in Sales/& Marketing regionally with the old Kieffer Paper Mills, Inc. and nationally with Abloy Division of Wartsila, Inc. of Helsinki, Finland. He returned to Sparton Electronics Corporation in Brownstown as Human Resources Montgomery re-joined the People Bank in 1989 as public relations and marketing specialist. He was promoted to branch manager of the Crothersville office in 1991, and to Assistant Vice President and branch manager in 1993, then to Vice President in 1997, and Senior Vice President and Executive Officer in 2006.
He is President of the Board Trustees of Brownstown Central Community School Corporation, where he has served for the past 23 years. On the state level he is presently serving as a State Director, 1st Vice President and member of the executive committee of the Indiana School Boards Association along with serving as a delegate from Indiana for the National School Boards Association. Formerly, he served eight years on the Federal Relations Network and as Chairman for three years also at ISBA.
He serves as Secretary-Treasurer of the Jackson County Fair Association Board; Treasurer of the Greater Crothersville Heritage Foundation; elder of the Brownstown Presbyterian Church.
He serves on the boards of Schneck Medical Foundation, Jackson County Visitor Center, and Jackson County Industrial Development Corporation. Jack serves on the advisory board for the Jackson County Red Cross was co-chair or chairman of the Old Timers Tournament from inception until 2007; a former president and member of Brownstown Exchange Club and member of Elks Lodge #462 of Seymour, and the Brownstown Chamber of Commerce. He has been “the public address voice” for the past 41 years for Brownstown Central Varsity Sports in Volleyball, Football, Boys and Girls Basketball.
In March 2003, he was recognized with a Distinguished Service Award for contributions to Indiana Interscholastic Athletics. In 2010 he was elected to the Brownstown Central High School Athletic Hall of Fame.
He is married to Mary Ann, who retired as librarian at Brownstown Central in 2003. They have four children, Renee Gallion, Becky Aelick, Jenny Hamm and Ryan Montgomery. They also are grandparents to nine grandchildren, Lance, Ellis, Elisa, Justin, Joshua, Carmen, Nicholas, Caylen and Ethan.
While his official retirement date from the bank will be March 31, he and Mary Ann will still remain involved in their usual community activities, as they are both committed to volunteering and improving their community.
“My favorite thing to do is keep track of the students,” said Montgomery who admits that he will miss his interactions with the public the most. “I will miss the people in general and the daily operations at the bank. I get to travel all over the county all the time, staying in touch with the community,” he said.

“Jack will be sorely missed as a fulltime Officer but will be a part of the bank in a part-time capacity,” said Peoples Bank President Wm. Mark Norman. “His dedication to the bank and the communities of Jackson County only emphasizes the Bank’s slogan ‘Your Neighbors and Friends’.”
There will be a reception for Montgomery at the Crothersville branch of The Peoples Bank on Thursday, March 31, from 11 a.m. to 3 p.m.
A reception will be held at The Peoples Bank in Brownstown, on Friday, April 1 from 9 a.m. to 4 p.m.