Stegall Named Leader in Banking Excellence

July 12, 2021 – C. Michael Stegall, founder and retired president/CEO of Community First Bank of Indiana, Kokomo, is being honored by the Indiana Bankers Association with the IBA Leaders in Banking Excellence award, to be presented on Aug. 16 at the IBA Annual Convention in French Lick. This award celebrates exceptional leaders who have positively impacted Indiana banks and communities. Six other members of the Indiana banking community are being inducted into the class of 2021 leaders.

At the upcoming awards event, Indiana dignitaries will be making presentations, and award recipients will have the opportunity to offer comments. Each honoree will be presented with an ebony plaque etched with a portrait and biography. Identical crystal plaques will be on permanent display at the IBA offices in Indianapolis.

The Leaders in Banking Excellence awards are the Association’s highest honor. For more information about the awards, visit

C. Michael Stegall led the founding of Community First Bank of Indiana, Kokomo, in 2003 as the first new bank in Howard County in 50 years. He served as CEO and president until his retirement in 2015 and continues his service as a director of the bank and of Community First Financial Corporation. Stegall began his career in 1971 with First National Bank, Bloomington, and later moved to First National Bank & Trust, Kokomo. His community service includes leadership with the Community Foundation of Howard County, the Greater Kokomo Economic Development Group, the Kokomo CEO (Creating Entrepreneurial Opportunities) Program, United Way of Howard County, St. Joseph Hospital and the Greater Kokomo Chamber of Commerce. Stegall has been honored as a Sagamore of the Wabash and as a Distinguished Citizen of Howard County. A veteran of the U.S. Air Force, he is a graduate of Indiana University.



The Indiana Bankers Association supports Indiana banking through issues advocacy, professional education, and products and services that enhance financial institutions’ ability to help build better communities.