MICHELE KNAACK and SARAH THOMPSON have been promoted at Lincoln Savings Bank. Knaack, who was promoted to VP/treasury management officer, previously was the Waterloo branch manager and has been with Lincoln Savings bank for more than six years. Thompson was promoted to branch manager of the Lincoln Savings Bank Cedar Falls Industrial Park branch. Thompson, who has worked in customer relations her entire career, has been in the banking industry for three years. She earned her degree in English from the University of Northern Iowa.