Bankers on the Move
Bridgewater Bank is pleased to announce the addition of two key new hires to its growing team. 
Erik Schwegler joins Bridgewater as a seasoned lender with over 25 years of commercial real estate experience concentrated in multifamily, retail and office lending. In his new position, Erik will use his expertise to contribute to the Bank’s expanding loan portfolio, while building relationships in the Twin Cities. 
Katie Klug brings more than 15 years of commercial banking experience to Bridgewater, most recently serving as Vice President, Cash Management Specialist at Anchor Bank (nka Old National Bank). In her new role, Katie will focus on fortifying new and existing commercial relationships through the delivery of Bridgewater’s Business Services solutions. 
Bill Rosacker, President and CEO of United Bankers’ Bank (UBB), announced the retirement of Kevin Bostrom, Executive Vice President, Chief Credit Officer, along with a series of promotions involving its lending capabilities and corresponding loan administration responsibilities.
UBB Lending Department Transitions:
  • Kevin Bostrom, Executive Vice President, retired on April 13, 2018. Bostrom started at UBB in 1986
  • Conrad Newburgh has been promoted to Chief Credit Officer and will assume the role previously held by Bostrom
  • Dawn Tollefsrud will serve as Vice President, Senior Credit Officer
  • Lisa Brusen was recently hired as Vice President, Credit Administration Manager
  • Ashley Lemke was promoted to Assistant Vice President, Lending
Andrea Ricard has been promoted to personal banking officer at Bell Bank in Detroit Lakes. In her new position, Ricard will retain and expand existing personal deposit and loan relationships with customers. Ricard earned a bachelor's degree in university studies from North Dakota State University. She started at Bell Bank in 2016 and has held various retail positions. Ricard lives in Rothsay, MN.
Michele Carlstrom recently joined Citizens Alliance Bank in the Maynard location as an Operations Lead. In this role, she will be responsible for overseeing all aspects of the Maynard location, with an emphasis on building and enhancing customer relationships. Carlstrom brings twenty plus years of customer service experience, along with 10 years of Lending and Financial Services experience. 
National Bank of Commerce (NBC) welcomes Aaron Lewis in the role of Business Development & Treasury Management Representative. Working out of NBC’s Superior Main branch, Aaron’s primary responsibility will be to provide a high level of service within the depository area of the bank including a portfolio of our largest corporate banking and non-profit customers as well as potential prospects. Aaron comes to NBC with almost four years of banking experience. He attended college at the University of Wisconsin Parkside, where he earned his Bachelor degree in Business Management/Marketing. 
National Bank of Commerce (NBC) announced promotions of six of its associates. 

Eric Albrecht
, who has been with the bank for two years, is now SVP – Chief Operating Officer.

Linda Aune
, who has been with the bank for six years, is now AVP – Commercial Loan Operations Director.

Hannah Horman
, who has been with the bank for two years, is now AVP – Marketing Manager and becomes an NBC officer.

Brad Roden
, who has been with the bank for ten years, is now SVP – Chief Banking Officer.

Matt Rouse
, who has been with the bank for three years, is now AVP – eServices Sales Specialist and becomes an NBC officer.

Tim Smith
, who has been with the bank for three years, is now AVP – Commercial Banker and becomes an NBC officer.
Citizens Bank Minnesota is pleased to announce that Justin Gode has joined the Citizens team as Vice President of Ag Lending at the Lafayette Branch. Gode is a graduate of Minnesota State University – Mankato with a double major in Management and Marketing and a minor in Business Administration. He also furthered his education by attending the MBA/SDBA School for Experienced Ag Lenders. He brings 16 years of banking experience with an emphasis on Agricultural and Commercial Lending.
RiverWood Bank welcomes Miranda Anderson as Vice President/Marketing Manager and Mitch Reller as Credit Analyst, both based in Baxter, MN. 

Miranda brings nearly two decades of marketing and communications experience of various service industries including health care, banking, and hospitality. Miranda has a marketing degree from Bemidji State University and is a graduate of the Blandin and Brainerd Lakes Chamber leadership programs.
Mitch recently earned a bachelor’s degree in statistics from the University of Minnesota Morris. He will help customers at RiverWood Bank prosper by analyzing their financial applications and providing insights into their ability to honor financial obligations and realize the plans they have for the future.
Riverwood Bank recently promoted the following employees, recognizing their dedication to putting the customer first:

Patty Kill
, serving customers in Morris, MN, was promoted to Personal Banking Manager with additional responsibilities added to her role.

Susie Lande
, serving customers in Crosslake, MN, was promoted to Lead Teller.

Jennifer Paterson
, a member of the deposit operations team in Baxter, MN, was promoted to Operations Assistant with additional responsibilities added to her role.

Josh Rardin
, a member of the lending operations team in Baxter, MN, was promoted to Senior Credit Analyst.

Amber Euteneuer, Jr. Consumer Lender, has been named an Americana Community Bank (ACB) officer. Euteneuer, who also serves as Executive Administrative Assistant and Loan Administrator, will perform the full-realm of Consumer Lending duties.
Bell Bank Announced Two Promotions:

Jason Pohlen
has been promoted to President of Bell Bank’s Alexandria location. Pohlen lives in Alexandria with his wife, Gina, and their three children. 
Jeff Restad, who has served as Alexandria branch president since 2006, has been promoted to the Senior Business Development Manager for Bell Bank’s correspondent banking team, which provides bank-to-bank lending services in seven states. Restad is a native of Langdon, N.D., and graduated from Minnesota State University – Moorhead. He has been in the banking field for his entire career, nearly 30 years, joining Bell Bank in 2003. Restad will continue to office in Alexandria, where he lives with his wife, Amy, and their three sons.
The Bank of Elk River is proud to welcome three new employees to its team. 
Connie Jo Cyrus, Electronic Banking Specialist, was born and raised in Minnesota and started her career in technology where she held a customer support and project management role for 14 years. She transitioned into banking in 2001. Her experience working in various community banks has given her the opportunity to gain knowledge and experience in consumer banking, commercial lending, mortgage lending, operations, and compliance. In her free time, Cyrus has a passion for helping others decorate, sewing, and bringing old furniture back from trash to treasure. She enjoys spending time with her husband, two grown children, and three Standard Hunting Poodles.
Michael Bartos, Commercial Lender, joins The Bank of Elk River with an education focused on economics and analytics as well as professional experience working with businesses in the banking industry. Originally from Flint, Michigan, Bartos attended Northern Michigan University and earned a Bachelor of Science degree in economics. After graduation, he relocated to Minnesota to be closer to family and started attending Saint Mary’s University to study analytics. Bartos is currently a member of the BBC Club in the upper peninsula of Michigan and enjoys sharing his passion for the outdoors with his five year old son. 
The Bank of Elk River is proud to welcome Carl Gebhardt as a new addition to the Commercial Lending staff. Gebhardt joins The Bank of Elk River with a diverse financial services and banking background. Originally from Plymouth, and a graduate of Wayzata High School, Gebhardt attended Montana State University in Bozeman and earned a Bachelor of Science degree in Finance.
Marilee Jager recently joined Citizens Alliance Bank in the Clara City location as a Commercial Lending Officer. In this role, she will be responsible for developing and maintaining business customer relationships in Clara City and the surrounding communities. She also serves as a financial consultant to customers and prospects by utilizing a network of contacts to help them build a team of financial professionals such as accountants, attorneys, rural development companies and small business advisors. Born in Bismarck, North Dakota, Jager attended NDSU where she obtained a Bachelor’s Degree in English Literature and met her husband, Justin. Jager is the Vice Chair of the Johnson Memorial Foundation in Dawson, which raises funds for the hospital district serving Dawson and surrounding townships.
U.S. Bank is pleased to announce that Abby Legatt has been hired as an Assistant Relationship Manager in the Mid-NE Minnesota Region. In this role, she will focus on supporting commercial portfolios and client management. Abby is a graduate of Sartell High School and the University of North Dakota.  Abby brings eight years of experience in the financial services industry, with a specialty in small business development. 
U.S. Bank is pleased to announce the addition of Caryn Stadther, Treasury Management Deposits/Payments Consultant, to their Commercial Community Banking Team, Downtown St. Cloud. Caryn has over 20 years of banking experience in Central MN, with an extensive background in sales, marketing, business development and management. Caryn is a demonstrated advocate for building strong community relationships through active engagement and partnership. She is currently serving on the Executive Board for the Sauk Rapids Rice Education Foundation, on the Campaign Cabinet for The United Way of Central Minnesota, and is a St. Cloud Chamber “Top-Hat” Ambassador. Caryn will be based out of the Downtown St. Cloud office.
Dirk R. Gasterland accepted the position as Chief Executive Officer of Coulee Bank. Gasterland had worked as Executive Vice President for Coulee Bank since May of 2017. Gasterland will also step down as Chair of the Board of Director for Coulee Bank but will remain on as a Coulee Bank Board Director.
Matt Nigbur accepted the position as Rochester Market President of Coulee Bank. Nigbur will assume leadership responsibilities over the Rochester market. Nigbur has 17 years of commercial lending experience in the Rochester area and has been with the bank since 2014. 
Olaf Gilbertson, Coulee Bank’s Chief Financial Officer has accepted the position of Vice Chair for the Coulee Bank Board of Directors. Gilbertson has been with the bank since 2015 and has served as director since 2005.
Brad Sturm accepted the position of Chair of the Coulee Bank Board of Directors. Sturm has been with the bank since 1993 and his last official day with Coulee Bank will be March 31, 2018.
Tom Screeden has joined Farmers State Bank of Hamel in the capacity of Senior Vice President and Commercial Lender. Tom will focus on commercial client relationships and business development. He brings 25+ years of community banking experience, having worked in the Delano, Rockford and Buffalo communities since 1992. In addition to banking, Tom serves on the Board of Directors of the Delano Chamber of Commerce, and is a long-standing member of the Delano Lions Club and Buffalo Rotary Club. Tom and his family reside in Delano.
Barbie Minzel has recently joined First Minnesota Bank as VP Operations/BSA Officer/Cashier. Barbie has 18 years of experience in the banking industry, most recently working for MidCountry Bank as Manager of Deposit Operations. At First Minnesota Bank, Barbie will be responsible for managing deposit operations and monitoring and minimizing risks to the bank. Barbie and her husband Nathan live in Carver and have three children. Barbie is involved in the community helping with her daughter's local Girl Scout Troop and serving as a Faith Formation teacher at her local church.
Woodland Bank announced the promotion of Clair Skelly to the role of new Branch Manager of the Grand Rapids office. In the banking industry since 2005 with experience in several positions, she has been at Woodland Bank since 2011. She is an active member of the Grand Rapids Chamber of Commerce.
Doug Hile, CEO of KleinBank, announced the appointment of Matt Klein to President. Klein has over 22 years of extensive experience in the financial services industry. Prior to becoming President of KleinBank, he served as KleinBank’s Chief Consumer Banking Officer, President of the KleinBank branch in Savage, and Vice President of Business Development at KleinBank in Chaska. He came to KleinBank from Fleet Financial in Rhode Island where he served as Portfolio Manager and Financial Analyst.  Originally from Victoria, MN, Klein holds a Bachelor of Science degree in Business Administration and a Master of Business Administration from Bryant College in Smithfield, RI. 

As a community-focused banker, Klein has served as a volunteer for numerous organizations including the Chaska Lions Club, St. Francis Regional Medical Center Board of Directors, 360 Communities Board of Directors, Carver County Health Partnership, and St. John’s Lutheran Church and School. Klein is the fourth generation of his family to work for KleinBank. He and his wife have two children and live in Eden Prairie. 
William C. Rosacker, President and CEO of United Bankers’ Bank has announced the promotion of five employees. “We are pleased that we are able to leverage in-house talent and are fortunate to have each of these folks as part of our UBB team. They each embody UBB’s First for Your Success service commitment and have been instrumental in making United Bankers’ Bank an industry leading provider of correspondent services to community banks,” stated Mr. Rosacker. 

Angela Orcutt, Executive Vice President, Chief Human Resources Officer 
Angela oversees the Human Resources team and provides UBB with overall strategic HR leadership. She supports the development and implementation of HR initiatives and systems, as well as recruiting, training and performance management of the UBB team. Her career at UBB began in 2010.

Tyson Doke, Vice President, Marketing Manager 
Tyson leads the marketing team and is responsible for supporting and developing UBB’s progressive vision with products and services to help customers maintain a competitive edge in their markets. He develops and implements strategies to build UBB’s brand equity through advertising, sponsorships, promotions, research and digital marketing initiatives. Tyson joined UBB in 2013. 

Stephanie Forbes, Assistant Vice President, Investment Trader 
Stephanie is a licensed Municipal Securities Representative and assists customers in gaining access to the Brokered CD Market, as well as being an Investment Trading Officer. She has been with UBB since 2004. 

Kris Thoman, Information Technology Services Manager, Officer 
Kris heads the Technical Services team that supports all UBB employees in effective resolution of all IT related issues. She is also responsible for the development and ongoing support of user access for the security administration program. Kris joined UBB in 2016. 

Kevin Wagner, Information Security Manager, Officer 
Kevin is responsible for oversight of the UBB’s Information Security Program, including IT governance, risk and compliance reporting. He is also responsible for managing the bank’s Business Continuity, Vendor Management, and Enterprise Risk Management programs. Kevin began working at UBB in March 2017.

Citizens Bank Minnesota, Lakeville Branch, is pleased to announce that Kyle Potswald has joined the Citizens team as Assistant Vice President of Commercial Lending.  Potswald is a graduate of Augsburg University with a B.A. in Finance with concentrations in Economics and Management Information Systems. He brings six years of related lending experience.

Potswald grew up in Esko, Minnesota, and recently moved to Eagan. He enjoys the outdoors, attending sporting events, and spending time with his family.



Board Appointments
Pine Country Bank announced the appointment of Lorna Lange to serve on the bank’s board of directors. Lange brings 40 years of banking experience with previous positions as Market President/Branch Manager for U.S. Bank and Assistant VP at First National Bank.
Gretchen Gasterland-Gustafsson has been newly elected to the Coulee Bank Board of Directors. Gasterland-Gustafsson is currently serving as an Assistant Professor at Minneapolis College of Art & Design.
Stearns Bank National Association named Mary Jepperson to the Board of Directors. Jepperson has a long history of breaking new ground in the financial industry. She began her career in the Minneapolis office of Coopers & Lybrand, where she became the office’s first female partner. Highly experienced in forensic accounting and litigation services, Jepperson is now a Professor of Accounting and Finance at the College of Saint Benedict/Saint John’s University.
Woodland Bank announced the appointment of Tom McBride to serve on the bank’s board of directors. McBride, a Financial Advisor with Clairmont Financial, brings knowledge and a unique perspective of the financial sector, especially in the local area, and experience in leadership positions. He holds degrees in Management/Finance and an MBA in Leadership from St. Scholastica. A very active member of the Grand Rapids community, he coaches middle school basketball, is a United Way campaign chair and a volunteer in the Special Olympics. Leadership positions include the Itasca Community College Foundation Board, the ElderCircle Board of Directors and the GRABA board.

We want to hear about your Bankers on the Move

Help us recognize those people who are excelling in their banking career by letting us know of your bank's new staff and internal promotions. We will place them along with other bankers in the MBA News monthly department "Bankers on the Move." You can send your banker on the move to Eric Hauth at