Franklin-based Mutual Savings Bank has promoted Dave Coffey to president. Coffey, who previously served as executive vice president and chief operating officer, succeeds Bob Heuchan, who retired in December.

Coffey will continue his duties as COO, a role he has held since 1998. He also served as chief financial officer from 2011 to July 2017. 

"Dave has been a key member of the Mutual family for almost 20 years," said Robert Schafstall, chairman of the Mutual Savings Bank Board of Directors. "We are impressed with his passion and dedication to banking and look forward to continuing our collaboration in serving the people and businesses of Johnson County."

Prior to joining Mutual Savings Bank, Coffey held leadership roles with Home Federal Savings Bank, now Old National Bank, and Union Federal Savings Bank, now Huntington Bank.