Portage Community Bank Mourns the Loss of Esteemed CFO Donald D. Herman

Portage Community Bank (PCB) is grieving the loss of a deeply respected and long-serving executive, Donald D. "Don" Herman, who passed away on the evening of July 3, 2025. As PCB's Chief Financial Officer and Executive Vice President, Mr. Herman was a pivotal figure in the bank's growth and success since he joined the organization in 1999. He earned a promotion to CFO in 2009, cementing his place as a cornerstone of PCB.

Mr. Herman's remarkable journey within the bank is marked not only by his significant contributions to financial management but also by his genuine care for colleagues and commitment to the community. Many remember him not just for his financial acumen but also for his integrity and the compassionate way he engaged with everyone around him.

Connie M. Bennett, the bank's Chief Executive Officer, expressed profound sorrow regarding Mr. Herman's passing, stating, "We are deeply saddened by the passing of our longtime colleague and dear friend. Don's business insight, strategic thinking, and ability to motivate those around him were invaluable to our growth. His loss will be felt deeply by all of us."

Under Mr. Herman’s leadership, PCB navigated through challenging financial climates while achieving record growth and maintaining its mission: "Neighbors Serving Neighbors." His approach to finance was characterized by careful stewardship and a strong commitment to the bank’s community-oriented values, ensuring that PCB always placed its customers’ needs first.

Outside of his professional accomplishments, Don was a devoted family man. He is survived by his wife, Delinda, and children, Emma and Boston Walden, along with a wide circle of family and friends that cherished his memory. His legacy both personal and professional, lives on in the hearts of those who knew him.

In the wake of this tragic loss, PCB is beginning the search for a permanent successor to fill Mr. Herman's influential role. In the meantime, Robert S. Standardi, the Executive Vice President and Chief Operating Officer, has taken on the responsibilities of Chief Financial Officer in an interim capacity.

The transition is being handled with utmost care, reflecting the high regard in which Mr. Herman was held. The Board of Directors, along with the entire leadership team, is committed to honoring his exceptional contributions while ensuring that PCB continues to thrive.

As the community comes to terms with this loss, CEO Connie Bennett reiterated the sentiment felt by many: "Our thoughts and prayers are with Don's family during this incredibly difficult time. We have not only lost a CFO but also an extraordinary human being and a true friend."

Portage Community Bank remains dedicated to fulfilling its mission and carrying forward the values that Mr. Herman embodied. His remarkable impact on both the organization and the broader community will not be forgotten. The bank continues to provide comprehensive banking solutions while focusing on community engagement, sure to echo Don’s legacy long into the future.

For more information about Portage Community Bank and to honor Mr. Herman's memory, please visit their website at www.PortageCommunity.Bank.