Premier Promotes Prelac to VP, Director of Trust

YOUNGSTOWN, Ohio – Premier Bank has promoted John M. Prelac to vice president, director of trust. 

Prelac joined Premier Wealth in March 2016 as vice president, chief trust officer. In that position, he worked to evaluate investment and estate planning strategies, and oversaw all estate settlement processes.

As director of trust, his responsibilities include overseeing Premier Wealth’s fiduciary duties, ensuring compliance with policies, managing trust officers and maintaining and growing the trust portfolio. In addition to leading the trust team, Prelac will continue to collaborate with high net worth individuals and their advisers to develop a comprehensive wealth plan. 

“I am looking forward to guiding high-net-worth individuals and their families through all market conditions,” says Prelac. “My wide-ranging areas of specialties which include estate planning, trust administration, probate proceedings, and business law will be extremely useful in leading my team and servicing our clients.”

Prelac earned a B.S.B.A. from Mount Union College, Master of Taxation (MTax) from the College of Business Administration at the University of Akron and Juris Doctorate from the University of Akron School of Law.

He is a member of the Ohio State Bar Association, Mahoning County Bar Association and the Stark County Bar Association. He serves as a member of the Cleveland Clinic Mercy Hospital Development Board. He and his wife, Susan, have two adult children and three grandchildren.

Copyright 2024 The Business Journal, Youngstown, Ohio.