Lincoln Bancorp and Lincoln Savings Bank Announce Appointment of Two New Board Members

REINBECK, Iowa--(BUSINESS WIRE)--Lincoln Bancorp and Lincoln Savings Bank are pleased to announce the appointment of Rodney (“Rod”) Foster and John Teeple to their Boards of Directors. Both directors possess significant industry and executive experience and also demonstrate a strong dedication to community-focused financial services.

Rod Foster, CPA, joins the Board following a 40-year career in public accounting as a retired Partner of RSM US LLP. Rod brings extensive audit, financial oversight, and risk management experience, and has served on several boards, including as President of the Iowa Society of CPAs (ISCPA) and as a Board Member and Audit Committee Chair for Allied Construction Services Holding Company, Inc. He earned a B.A. in Accounting from the University of Northern Iowa and holds a Business Advisor Designation from Chicago Booth School of Business. Rod will serve on the Audit Committee and the Risk Committee of the Board of Directors.

“Having spent four decades working with closely held and family-owned businesses in public accounting, I am enthusiastic about joining LSB, a community bank dedicated to serving those same owners and their companies with tailored services, financial products, and advice. LSB’s goal is to support clients in reaching their financial objectives—a mission I strongly support,” said Rod Foster about his appointment to the Lincoln Bancorp and Lincoln Savings Bank Boards of Directors.

John Teeple joins the Board with more than 30 years of global leadership experience across agriculture, technology, and advanced manufacturing. John currently serves as Chief Operating Officer of Bonsai Robotics, an agricultural technology startup. His prior roles include over 23 years at John Deere in technical, operational, and strategic leadership; Chief Operating Officer of Sukup Manufacturing; Global Director at Vermeer Corporation; Global Lead for Agriculture at Amazon Web Services; and Senior Vice President of Agriculture at DTN. He serves on the boards of Agrivision‑PrairieLand Partners and Precision AI. John holds a B.S. in Industrial Technology from Iowa State University, an MBA from Northwestern’s Kellogg School of Management, and an Executive Certificate in Global Leadership from Dartmouth’s Tuck School of Business. John will serve on the Risk Committee and the Technology & Innovation Committee of the Board of Directors.

Regarding his appointment, John said, “Agriculture, technology, and financial services are converging faster than at any time in history. I am honored to join the Board and help advance a community‑bank vision that supports innovation, strengthens rural economies, and puts customers and communities first.”

Board Chair Sally Hollis welcomed the new members, emphasizing: “Rod and John’s deep Iowa roots, combined with their exceptional strategic vision and financial expertise, make them outstanding additions to our Board. Their leadership in agriculture, commercial enterprise, and technological innovation aligns with our commitment to serving our communities and driving meaningful progress. We are delighted to have their guidance as we look to the future.”

About Lincoln:

Founded in 1902, Lincoln Savings Bank, a wholly-owned subsidiary of Lincoln Bancorp, is a full-service financial institution dedicated to strengthening communities and helping individuals, families, and businesses thrive. With $1.8 billion in assets, Lincoln Savings Bank, along with its LSBX division, continues to build on its legacy of innovation, integrity, and exceptional service. For more information, visit www.mylsb.com.