Pioneer Banker Club

2017 Pioneer Banker Nomination Form

The Minnesota Bankers Association (MBA) is proud to recognize bankers who have been leaders of the industry for 50 years or more. Any Minnesota banker who has attained at least 50 years of active service is eligible. The five bankers listed below were inducted into the Pioneer Club at the 2016 Annual Conference. See below for a complete roster.


Donald Peterson, Bruce Olness, David Hyduke, Dale Hoganson, Judy Lipetzky.

Dale Hoganson

Dale Hoganson started in banking in 1966 after he graduated from Concordia College in Moorhead. He joined the First National Bank of Minneapolis in the spring of 1966 where his initial job was in the sales finance division conducting automobile dealer inventory inspections and outside collections.

Over the next 31 years in his career in the First Bank System, he had the opportunity to work in and manage a variety of commercial lending divisions associated with contractors, energy, transportation, correspondent banking, printing and asset-based lending. In 1997 he joined what is now Community Resource Bank in Northfield to focus on marketing commercial banking in the south metro area.

In August 1998, Mr. Hoganson joined Duke Financial Group Inc. as its Chief Credit Officer working with their banks – Peoples Bank of Commerce, State Bank of New Prague and two community banks in southern California that have now been sold.  He continues to work at Peoples Bank of Commerce as their Chief Credit Officer.

David M. Hyduke

David Hyduke began his banking career in 1962 after his graduation from Carleton College. Originally from Grand Rapids, Minnesota, he joined the First National Bank of Saint Paul, then part of First Bank Stock Corporation, as a trainee. He was assigned to a commercial lending division, ultimately becoming responsible for a wide variety of commercial banking relationships throughout the Twin Cities area. His fortes quickly became new business development for the bank and “working out” problem loans originated by others. He is regarded as the first Upper Midwest banker to take stock purchase warrants as bank compensation in 1968 for a loan to a high-growth, publicly held corporation. Later in 1968, he became head of commercial banking at the Marquette National Bank in Minneapolis and has since served in senior management capacities with several large financial institutions.

In 1982, Mr. Hyduke founded Duke Financial Group, Inc., and continues as its chairman, as well as chairman of Peoples Bank of Commerce and State Bank of New Prague, which were aquired by Duke.

Mr. Hyduke has been active in various banking organizations, including President of the Bank Holding Company Association from 1988-90 and for the Episcopal Church, both in Minnesota and nationally. He currently serves as Vice Chair of the Board of Trustees of Berkeley Divinity School at Yale.

Judy Lipetzky

Judy Lipetzky began her employment at the Wanda State Bank on June 15, 1966, shortly after graduating from high school. She worked as a bookkeeper and teller and eventually transitioned into the loan department as loan support and consumer lending. Along with some of those responsibilities she also became the bank’s compliance officer. In addition, Judy has served on the bank’s Board of Directors for many years. Working for 50 years in one place, she has experienced some remarkable changes in banking. She recalls the days of doing things manually, to converting to proof machines, computers and electronic images. Although Wanda State Bank is located in a town with a population of less than 100, the bank has grown substantially over the years with assets of over $130,000,000. Judy is very honored and proud that she has been a part of that progress for the last 50 years!

Bruce Olness

Bruce Olness’ banking career started upon advice from Pern Canton, the President of the American State Bank of Moorhead. He grew up on a sugar beet farm north of Moorhead. Upon attending the University of Minnesota and later graduating from Moorhead State University with an administration/finance degree, he joined the office of the Comptroller of the Currency as an OCC examiner on March 10, 1966. Following eight years with the OCC, Bruce joined the First National Bank of St. James as Vice President. After spending 18 months in St. James, he joined the Le Sueur State Bank in Le Sueur, Minnesota, as President. In 1997 the bank name was changed to CornerStone State Bank, which currently has seven locations.

Bruce’s latest longevity accomplishment was when, on the day of his last birthday, he “shot his age” in a round of golf.

Donald N.  Peterson

Don Peterson started his career in the banking industry on April 1, 1966, as an Assistant Cashier at the State Bank of Brownsdale and throughout his career he has performed virtually every function needed to run a bank. He has also worked with three generations of family members.

In 1992, 215 Holding Company, out of Minneapolis, purchased the State Bank of Brownsdale. Don became the President of First Farmers & Merchants State Bank in January 1998.

Don retired from active banking duties in December 1999, but continues to serve as a consultant and as a Director. Don and his wife Leone have five children, seven grandchildren and nine great-grandchildren.


Marilyn J. Agre

Lloyd A. Amundson

Gary E. Bakko

Bernard Bastian

Maggie Bauer

Peter L. Bauer

Quentin Beadell

William H. Beery

Marlen E. Bents

H. H. Berg

Bruce W. Beutel

Gerald A. Bilski

John O. Bohmer

George N. Borgerding

C. T. Braff

Paul H. Bringgold

Ken Broin

Marion Brummer

Edward H. Buerkle

Irvin Burich

Thomas "Buzz" Burich

Robert Cameron

John F. Campe

Richard J. Carlander

David J. Carr

T. Donald Cashin

John J. Cavanagh

Edward R. Cleasby

Keith Clements

Harold C. Cole

Marilyn J. Cox

David G. Dewitt

Robert Dickson

D. J. Dorweiler

Dasen Dorweiler

Harlan Drube

C. R. Duroe

Richard L. Duroe

Chester N. Eggen

Marianna Eiselt

Dale J. Emmel

Ewald A. Fenrick

Theresa C. Fierst

Joseph M. Finley

Clyde Fischer

Lois Fiskum

Robert F. Foley

Loren R. Fretland

Newton Fuller

Richard E. Gandrud

Z. S. Gault

R. James Gesell

Bernard Gulden

Edward Gutzmann

Larry Habstritt

Larry D. Hahn


Kathy Hallum

Orville M. Hanson

Robert D. Harder

Charles A. Haug

James E. Hausauer

George F. Hayden

James Heig

John R. Heneman

Allen G. Highum

G. Jack Hillstrom

Russell E. Holm

John D. Hunt

Karen Hymes

Ernest Iverson

Russell W. Jacobson

Anthony C. Johnson

Edsel F. Johnson

Gladys Johnson

Harlowe M. Johnson

Jean B. Johnson

Larry D. Johnson

Myron J. Johnson

Patricia P. Johnson

Warren Johnson

William R. Johnson

Kenneth C. Jore

Kenneth E. Just

Earl E. Keskey

Kent J. Kircher

George J. Klasen

Gordon H. Klaudt

Richard M. Kramer

Gunnar Kronholm

Donovan Kuehnast

Ervin F. Kurth

Maynard A. Lawrence

Micheal L. Lillehaugen

Carl V. Lind

Paul E. Lindholm

Duane W. Loe

Dale C. Madison

Joyce E. Magner

John A. Malmberg

Gerald W. McGee

Art Melander

Harlan Mensink

Angeline R. Mixner

Jerald F. Mohrfeld

E. M. Neisen

Earl Nelson

Gordon L. Nelson

Lucille Nickolay

Daniel H. Nicolai

John D. O’Brien

L. R. Oberg

Dayel M. Olson

Newman E. Olson

Shirley Olson

Ken Onken

Alvin C. Peterson

Roger Peterson

Alan Pettit

Jane Pickle

G. M. Pieschel

Larry Pietrzak

John F. Pletz

F. J. Poepl

Lowell A. Pogatchnik

Don Ransom

Douglas Rech

W. C. Ries

Lois Roberton

Marie Roberts

Robert Roehl

Evelyn C. Roelike

Elsie Rolfs

L. H. Rolfs

A. William Sands

Richard P. Sankovitz

D. D. Saxen

V. G. Schaffer

Elaine Schlemmer

Ralph C. Schmidt

Donald Schumacher

George Schweiss

Margaret Shaw

Vernon Shoquist

Norman C. Skalicky

James G. Sneer

Geraldine Sons

Ronald Steele

S. G. Steen

Fred E. Stein

W. W. Studtmann

Paul Tellefson

Roy Terwilliger

John E. Thinesen

Edward C. Turn

Wendale P. Vander Broek

Richard B. Ventrucci

Wilfred Vogel

Roger J. Voit

Paul Vollan

Roger Weise

Joe Welle

Clair C. Wilcox

Robert Wiley

William Wilkening

August A. Williams

Carol J. Wurm

William H. Zabel