After a 42-year career in Charles City, Bill Frye, VP/Trust Officer at First Security, is retiring.
Frye, who was born and raised in Charles City, only left his hometown for the years he attended law school. When he graduated in 1977, he returned with his wife, Carol, who worked for Clarksville Community Schools as a librarian, and opened his own law office. During the 30 years he practiced law, his responsibilities were similar to those he would have at First Security as Trust Officer. When he was approached by Ron Noah, then current Trust Officer at First Security, Bill was ready to transition into a new career.
Since his start with First Security over 10 years ago, Bill has led the trust department in its goals of helping customers through the complexities of distributing assets, identifying tax savings, and establishing and executing trusts.
“Bill brought to us both financial knowledge as a CERTIFIED FINANCIAL PLANNER™ professional and legal experience as an attorney,” said Kurt Herbrechtsmeyer, President/CEO at First Security. “He has really helped us grow our trust business over the ten years that he’s been with us.”
“It felt strange to change my career path after 30 years of practicing law, but it was a great decision,” commented Frye. “I’ve really enjoyed my time at First Security and it’s been very rewarding to help customers reach their financial goals.”
Frye’s favorite part of working for First Security, though, is the team he has worked with.
“The people that make up the trust and investment teams have been with First Security for a very long time. Their many years of experience working for one bank is something you can’t find many places,” said Frye. “They’re very knowledgeable and motivated to help their customers. I’ve felt very fortunate to work with them.”
“We’ve really enjoyed working with Bill, too!” said Heather Meyer, AVP/Trust Officer, and Cindy Ohlerking, Trust Secretary. “He has a great sense of humor and we’ll miss working with him. We congratulate him on his retirement and wish him all the best.”
David Jarvill, VP/Investment Services said, “Bill has been a tremendous business partner for the last 10 years. From snowstorms to market crashes we faced adversity together with a little humor and a good dose of persistence. I wish Bill the best in retirement and I will miss working with him.”
Frye still plans to be very busy after retirement. Both he and his wife are avid volunteers. His wife, Carol, supports various fine arts events in Charles City, while he enjoys working on the Fossil Prairie and Park Board of Directors. He has also been a member of the Charles City Rotary Club for 40 years. As time goes on, he anticipates finding other ways he can get involved in the community.
Outside of volunteer work, Frye and his wife are very active in outdoor activities ranging from kayaking and hiking, to cycling and road tripping. After his retirement, they plan to do much more. First on their list is a road trip to Oregon to visit their daughter (another daughter and two granddaughters live in Chicago), as well as a hiking trip through the Alps mountain range in Europe.
First Security is planning a private celebration in Frye’s honor on May 3rd, his final day at work.
First Security Bank & Trust has locations across North Central Iowa and headquarters in Charles City. Member FDIC.
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