First Security’s Bob Woolm retiring after 25 Years of service

To the Press

Bob Woolm, vice president-treasury of First Security is retiring from the bank at the end of the year after 25 years of service. He joined the bank in 1991 after working in Omaha as a research analyst. His previous employment also included 13 years in banking.

His initial position was marketing director and he was soon assigned additional duties as human resources manager. In the late 90s, as the complexity of banking increased and more structure and sophistication was required in the Accounting and Finance Department, he was asked to develop and manage the treasury function. This involves helping the bank through business cycles and managing the bank’s liquidity created by the “mis-match” between deposits and loans. He later added duties for the bank’s investment portfolio, working with Bill Herbrechtsmeyer, and eventually assumed management duties for investments. Today the banks investments exceed $140 million.

He is a member of the Charles City Lions Club and has held all offices except Tail Twister. He served two terms on both the Charles City Library and YMCA boards, as well as serving on Community Revitalization and Chamber committees. He also spent more than 10 years as a volunteer junior varsity tennis coach for the Comets.

On a professional level, he chaired the Iowa Bankers Association’s Consumer Service Committee and later served on the IBA’s Marketing Committee.

He and his wife, Joanie, belong to Immaculate Conception Parish and are active in parish activities. 

After retirement, Bob and Joanie plan to let 2017 unfold without a plan. They have five children and seven grandchildren. Three grandchildren are in the Twin Cities, two in Sheffield, and two in New Baltimore, Michigan. As they have five grandchildren within three hours, they won’t need to venture too far from Charles City. The only immediate change Bob plans to make is shifting his morning workout routine from 6:15 a.m. to a less structured time after the sun actually comes up.

“I plan to look at the clock at 8 a.m. and maybe pause for a moment, knowing I’m not at work and everyone else is!” Woolm said. “Joanie and I feel fortunate to have done most of the things we’ve wanted to do and so do not have a ‘bucket list.’ However, we look forward to what the years ahead of us have in store.”

— 20161206 —