There’s a changing of the guard this week at Baldwin State Bank.

After 44 years at the bank, Carl A. Butell is retiring as president. He will be replaced by Thomas G. Dillon, who started his career at BSB in 1970.

“I feel very fortunate to have Tom Dillon at our bank,” said Butell. “He is a very capable banker. Most importantly, I know that he has a deep commitment to our community and customers.”

The announcement was made Tuesday afternoon and takes effect immediately. Dillon has served in many roles during his 38 years at the bank and has been executive vice president since 1997.

“It’s an exciting time,” Dillon said.

Dillon is a lifetime resident of Baldwin City. He is a graduate of Baldwin High School and Baker University. He has played many roles on community activities, including serving as treasurer of the Baldwin City Chamber of Commerce.

Butell is a lifetime resident, as well, and will continue as chairman of the bank’s board of trustees.

“I’m happy, too,” he said.

Baldwin State Bank is the oldest business in Baldwin City and was established in 1892.