← All guests

Anthony R Contrucci

President of First Bancshares, holding company of Centier Bank; fifth generation, Schrage family

On the show

Episode 45 · 1 hr 13 min

A 5th Generation Member of the Schrage Family, Owners of the 126 Year Old Centier Bank

The Schrage family has owned Centier Bank since 1895. Anthony Contrucci on starting governance with a one-page agenda, and planning for the unplanned.

Key ideas and show notes →

The Business Family Diagnostic · Plan B

A succession plan on steroids.

The Schrage family scripted and filmed what staff and clients would hear if something happened to its leaders, and both generations signed off. Does your family know who would step in at short notice?

One of the three Plan B statements. How true is it for your family?
“Wills, powers of attorney and key estate documents are current for the senior generation.”
See where you stand

Biography

Michael E. Schrage, CEO and chairman of Merrillville-based Centier Bank, promoted Anthony Contrucci to senior vice president of community relations. Contrucci, who is Schrage’s son-in-law, has led the family-run financial institution’s community initiatives, including volunteerism, financial education and corporate giving since 2016, when he became Centier’s vice president of community relations and business development.

The newsletter

The most useful things in these conversations are the things families rarely say out loud.

I share them in my newsletter once a week. Sign up to receive the ideas directly and start building the foundations for your family today.