First Mutual Holding Co. Names Margaret Wichman New Chief Financial Officer

January 21, 2019

First Mutual Holding Co. (FMHC), the largest depositor-owned mutual holding company of its kind in Ohio, welcomes Margaret (Peggy) Wichman as SVP, Chief Financial Officer (CFO) & Treasurer. In this role, Peggy brings over thirty years of experience with expertise in accounting, financial reporting, compliance, and strategic planning. 

Most recently, Peggy served as CFO at First Federal Savings of Lorain and North Akron Savings Bank. She also served in leadership roles of increasing responsibility at several financial institutions in Northeast Ohio

“We are excited to welcome Peggy to our team at First Mutual Holding Company,” said Thomas J. Fraser, President and CEO of FMHC. “Peggy will provide focused leadership to First Mutual and its subsidiary banks to drive our mission of perpetuating the mutual bank model to best serve our customers and communities.”

Outside of work, Peggy works closely with her church community and volunteers her time with many organizations. She enjoys hiking, reading, cooking, and being with friends and family. She has four children and is a long-time resident of Northeast Ohio.

About First Mutual Holding Co.
First Mutual Holding Co. (“FMHC”) is the largest member-owned mutual holding company of its kind in the Midwest. As a member-owned mutual holding company, FMHC provides a structure that allows independent affiliate banks to continue to serve their communities and grow as member-owned institutions. Affiliates of FMHC include First Federal Lakewood (Lakewood, OH) and First Mutual Bank (Belpre, OH).


Jennifer Raynor
Chief Strategy Officer

For media inquiries please contact:

Valerie Kovacs - Chief Marketing Officer | 216-529-2698