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 Bankers on the Move

If you have an announcement that you would like to include, please send it to Carla Bush at

Janet Alland

Drake Bank has promoted Janet Alland to senior vice president, retail banking. Alland joined the Bank in October 2020 as vice president, consumer financial services and retail banking. With this promotion, Alland will join the Bank’s senior management team.

Greg Larson

Greg Larson, president and CEO of Drake Bank, has been selected as Chairman of the American Bankers Association’s (ABA) Government Relations Council. The Government Relations Council (GRC) represents a broad cross-section of the banking industry by size, geography, and charter type.

Erik Sandell

Falcon National Bank welcomes Erik Sandell as Market President of their Ham Lake branch. Sandell’s 20-year banking career was spent primarily in a leadership role with a variety of lending experience in the Commercial, Mortgage and Consumer realms. Sandell will focus on engaging and empowering the team to deepen the relationships with our customers and community.

Tim Kopischke

Central Minnesota Development Company (CMDC) welcomes Tim Kopischke as Vice President / Senior Relationship Manager. CMDC is an SBA Premier Certified Lender authorized to provide SBA 504 loans throughout Minnesota and parts of North Dakota and Wisconsin. Tim is a 2023 graduate of the Graduate School of Banking at Colorado.

Chad Wolff

Reliance Bank is pleased to announce the hiring of Chad Wolff as Chief Growth Officer. The bank anticipates Chad moving into the CEO position in early 2024. Chad is a founding shareholder of Reliance Bank and has been on our board of directors since inception 16 years ago. For the past 9+ years Chad has been the Director of Operations & Business Development at Cable Connections, a nationwide business located in Faribault.

Lisa Flintrop

Reliance Bank is pleased to announce Lisa Flintrop has been promoted to Treasury Management Officer. Lisa has 10 years of total service at Reliance Bank and has greatly expanded her role and responsibilities in the Treasury Management and Business Banking areas of our organization

Tracy Neuenfeldt

Reliance Bank welcomes Tracy Neuenfeldt as our Compliance Officer. Tracy brings years of expertise and experience in compliance to Reliance Bank. Tracy previously assisted multiple community banks with their compliance needs when she owned her own compliance consulting company..

Wendy Carney

Wendy Carney has joined Merchants Bank as a Commercial Banker. Wendy has been helping businesses with their commercial banking and treasury management needs for her entire 20-year career in the industry. She was most recently with Bremer Bank as a Commercial Banking Relationship Manager.

Brent Koehler

Brent Koehler has joined Merchants Bank as a Retirement Plan Specialist in the Trust Department. Brent has more than 15 years of insurance and financial services industry experience.


Erika Schorbahn 

Erika Schorbahn has joined Merchants Bank as VP/Director of Marketing. Schorbahn brings more than 20 years of bank leadership experience to Merchants, including expertise in marketing and community engagement strategies, business development programs, customer experience practices and metrics.


Jason Pruitt 

United Bankers’ Bank (UBB) is pleased to welcome Jason Pruitt to UBB’s Correspondent Banking team. With over 30 years of banking experience, Jason will be responsible for developing and strengthening relationships with community bankers in Tennessee, Alabama and Georgia.


Don McGuire 

Border Bank announced Don McGuire has joined their team. McGuire will serve as Senior Vice President, Business Banker for the Twin Cities markets. McGuire is a veteran banking officer, with an impressive forty-five years’ experience in the financial services industry.

Kory Shae 

Alissa Sandholm has been promoted to AVP Marketing and Innovation at Star Bank - Minnesota. Alissa is a graduate of the 2023 Leadership Development Academy.


Sherri Hanson 

Vergas State Bank is proud to announce that Sherri Hanson, Vice President, has been promoted to our Board of Directors. Sherri has been with Vergas State Bank for 46 years and worked in nearly all areas of the bank..


Joel Isenberger 

F&M Bank is pleased to welcome Joel Isenberger as Vice President, Commercial Lending Officer. Joel graduated from Winona State University and brings over 7 years of banking experience. Joel is a 2020 graduate of MBA’s Leadership Development Academy   

Frank Inamagua 

Flagship Bank welcomes Frank Inamagua as Vice President Business Banker and Branch Manager. Frank comes to the bank with more than 15 years of retail bank experience.  


Chris Hasse

WNB Financial is pleased to announce the election of Chris Hasse to serve on the Bank’s Board of Directors. Hasse serves as the Chief Administrative Officer of Mayo Clinic Health System.

Stephanie Scarrella

Twin Cities Business (TCB) Magazine announced Stephanie Scarrella, senior mortgage lender at Drake Bank as a 2023 Super Mortgage Professional ™. Scarrella joined Drake Bank in 2014 and has over 25 years of experience in helping individuals become homeowners.

Lisa Franxman

Lisa Franxman, Drake Bank, was named the 2023 Legacy Award Winner by the Dakota County Regional Chamber of Commerce (DCR Chamber) at their annual Business Excellence Awards Celebration. In July 2023, Franxman joined the Drake Bank team as vice president, commercial banker/SBA specialist, to assist the Bank in growing its SBA lending area as a preferred SBA Lender and developing commercial relationships in the community.

Keen Bank

Keen Bank has relocated their Hope location and is now open in Owatonna with a convenient location across the street from Cash Wise at 496 W North Street, Owatonna MN 55060. This new location provides a full-service location for the optimal banking experience including a drive-thru and ATM.

Wells Fargo

Wells Fargo and Operation HOPE, Inc., a national nonprofit dedicated to financial empowerment for underserved communities, announced the opening of their HOPE Inside center in Minneapolis. The HOPE Inside centers feature Operation HOPE financial coaches who help empower community members to achieve their financial goals through free financial education workshops and one-on-one coaching. In Minneapolis, the HOPE Inside coach is located inside Wells Fargo’s Minnehaha branch (2919 27th Ave South) in the Longfellow neighborhood.

Star Bank

Star Bank was a recent recipient of the first-ever Empowering Women Award by Finance and Commerce magazine. The award recognized Star Bank’s commitment to supporting, uplifting, and advancing women in Minnesota. Nine total companies were named as honorees for this award with Star Bank as the only financial institution.

 In Memory

F. Donavon Kuehnast

After a rapid but stubborn battle against brain cancer, F. Donavon Kuehnast passed away at the age of 79 on October 11, 2023. Growing up on his family’s farm, Donavon cultivated his lifelong love of sun, hard work, and coaxing growth from the soil. From the farm to the corporate world, Donavon entered banking at the Lanesboro State Bank in 1963. After moving from Minnesota to Florida and back again, Donavon settled with his family in Northfield where he continued his career as a banker, becoming the president of First Bank-Northfield in 1984. In 1987, Donavon put a group of investors together to buy the bank, which became Community National Bank and was later renamed Community Resource Bank.
During his long and rewarding banking career, Donavon received such accolades as the Northfield Business Person of the Year award in 2005, the Minnesota Bankers Association Bank Champion Award in 2006, and the MBA’s Pioneer Award before his retirement. He also saw his bank named Business of the Year. Donavon demonstrated commitment to improving education and work ethic in young people during his career. Under his leadership, the bank invested in numerous programs, funding college scholarships for students, focusing on the interplay of education and business during Chamber Awareness Week, and starting the Junior Board program for the bank. He was also elected to the Minnesota Bankers Association board of directors and was the MBA’s president from 1999 to 2000.