Chuck Painter may soon be retiring from Raccoon Valley Bank, but he’s not leaving completely.
“I do have my chair picked out up front though to come in and have coffee and get in my lock box once a week,” he said.
Senior Vice President Painter is retiring from the bank after 32 years. A retirement open house is scheduled for 1-4 p.m. on Thursday, April 26. His last day officially is May 1.
Painter started working as a consumer lender on April 7, 1986, at the Perry location of the Raccoon Valley Bank.
He grew up in Ottumwa and worked for Norwest Corporation for nine years. Norwest, Painter said, then merged with Wells Fargo.
He decided he wanted to continue working for a community bank and heard about the Perry opening.
When Painter and his wife, Laura, moved to Perry they didn’t expect to stay for longer than five years.
“We found it a great community to raise children and to be involved in,” he said.
Painter has been involved in a number of organizations over the years. Some of those include Perry Crimestoppers, Perry Rotary Club, serving on the Perry School Board, the Perry Chamber of Commerce board and more.
He’s also liked that the Raccoon Valley Bank has helped donate to various groups over the years.
“I’ve been really blessed to work in a community bank where the ownership has a desire to help out the communities they’re in,” Painter said.
One thing he won’t miss about working in the bank is the various regulations that have come up over the years in the lending industry. Or keeping up with the various changes to the banking industry as a whole.
“I just can’t imagine what it’s going to be like to not have to worry about new regulations. A lot of changes have happened over the years,” Painter said. “When I started banking, there was no such thing as a debit card. It was all checks or cash.”
There also wasn’t online banking or computers on his desk.
Painter is looking forward to retirement. He is planning a trip this fall with his wife down the East coast.
“This year we’re going to take off and go with no time constraints. Stop and smell the roses I guess,” he said.
He will miss the co-workers and customers he has worked with over the years.
Chief Financial Officer Kendall Rathje has worked with Painter for the past 21 years.
“He’s a great guy to work with,” Rathje said. “He was your great community banker in that not only did he do a great job for the bank but he was involved in the community.”
Accounting/Operations Supervisor Diane Vallejo has also worked with Painter for a number of years.
“I appreciate Chuck’s guidance and encouragement that has helped me and so many other colleagues thrive in a competitive environment,” she said.
“It’s my pleasure to call Chuck a friend,” Vallejo said. “And my husband Bob and I wish both Chuck and Laura a fantastic retirement and to cherish each moment and have fun.”