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Magna Bank names controller, promotes employees

Magna Bank has added a controller – and, at the same time, promoted a few employees in its retail banking and private banking divisions.

Shari Xu is the bank’s new controller and vice president. Her job will include reviewing the bank’s statements for accuracy and clarity, preparing cash flow analysis, performing cash projections and keeping the bank in compliance with federal regulations.

Donna Edwards, meanwhile, has been promoted to vice president and private banker. She previously worked with the SBA division at Magna.

Chanita Tennial has been promoted to sales manager of Magna Bank’s Wolf River Branch. She previously was assistant branch manager at the Wolf River Branch.