Mid-Missouri Bank's Mount Vernon president sets retirement date

Provided by Mid-Missouri Bank

David Burnett has led the Mount Vernon operation for three decades.

Mid-Missouri Bank's longtime community president in Mount Vernon is retiring from the company.

David Burnett is slated to exit his position on March 31, 2024, and then move into an advisory role for the first phase of his retirement, according to a news release.

Burnett has led the Mount Vernon bank since 1993, when it was known as First National Bank of Mount Vernon. First National Bank's holding company merged with that of Mid-Missouri Bank in 2006, according to Springfield Business Journal archives.

“David Burnett has been an amazing leader for MidMo in Lawrence County and beyond," said Brian Riedy, president and CEO of Mid-Missouri Bank, in the release. "The impact he’s made on our best practices will serve us well as we continue building the community bank of the future here in southwest Missouri.”

On April 1, 2024, Burnett is scheduled to be succeeded as Mount Vernon community president by longtime colleague Ashley Wells, senior vice president and lender.

“David has been more than a mentor and a colleague the past 22 years,” Wells said in the release. “David and I were both a bit younger when I first started, and I can’t imagine making the strides I’ve made in this industry without him. I know I’ve learned the best way to be an effective community bank leader from David, and I’m so grateful for all of it.”

Mid-Missouri Bank has 13 branches in 10 communities. The company's assets were $902.4 million as of Dec. 31, 2022, according to Federal Deposit Insurance Corp. data.