Bankers on the Move
Janesville State Bank is pleased to announce Sean Finley as Assistant Vice President and Chief Financial Officer. In this role, he will be responsible for finance and accounting functions in addition to consumer, small business and residential mortgage lending. He brings over 10 years of finance and accounting experience working with community banks on financial forecasting, mergers and acquisitions, and tax and regulatory matters. Sean was most recently a Senior Manager at Eide Bailly LLP in Mankato.  
Citizens Bancorporation of New Ulm, Inc., parent company of Citizens Bank Minnesota, is pleased to announce the following promotions:
Julia Baumgartner has been promoted to SVP/Chief Operations Officer. In her new role, Baumgartner will be responsible for ensuring that the Bank has the proper operational controls, administrative and reporting procedures, and people systems in place for the day-to-day operation of the Bank.
Tim Hoscheit has been promoted to SVP/Chief Credit Officer. In his new role, Hoscheit will be responsible for the review of the Bank’s loan portfolio on a continuing basis while providing support, direction, credit information, and loan policies and procedures to ensure its overall quality.
John Rieser has been promoted to SVP/Chief Financial Officer. In his new role, Rieser will be responsible for all accounting and financial analysis for the Bank, including budgeting, asset/liability management, financial reporting and tax planning.
Scott Tauer was promoted to VP/Branch Manager, La Salle. Tauer has over 15 years of lending experience and specializes in Agricultural lending and Crop Insurance. He is also a 2018 graduate of the Graduate School of Banking at the University of Wisconsin-Madison.
Pat Brennan was promoted to Senior Vice President. He is a graduate of the Minnesota Bankers Association’s Commercial Lending School and Agricultural Lending School as well as a graduate of the Graduate School of Banking at the University of Wisconsin-Madison. 
Shirley Laraway was promoted to Senior Vice President. She is a graduate of University of Northern Iowa with a B.A. degree in Finance and Management. Shirley has 30 plus years of lending experience and specializes in Mortgage Lending. 
Kevin Yager was promoted to Senior Vice President. He is a graduate of the University of Minnesota with a B.A. degree in Ag Business and Economics. He is also a graduate of the Graduate School of Banking at the University of Colorado. 
Brant Drill was promoted to Vice President. He is a Graduate of South Dakota State University with a B.S. degree in Agricultural Business. He is also a 2013 graduate of the Graduate School of Banking at the University of Wisconsin-Madison.
Jenn Wendorff was promoted to Assistant Cashier/Assistant Director of Client Services. Wendorff was promoted to a Personal Banker in 2018. She has an Associate’s Degree in Business Management from Rasmussen College.
Mark Denn, recently promoted to Executive Vice President, is now taking on the day-to-day management of the bank. Current bank President, Lou Geistfeld has announced his plans to retire at the end of 2019 at which time Denn will assume those responsibilities. 
Kelsey Bakeberg recently joined Citizens Alliance Bank in the Howard Lake, Minnesota, location as the Controller. In her role, she will assist the Chief Accounting Officer in executing all functions of the Finance and Accounting Department. Bakeberg received her Bachelor's Degree from Minnesota State University, Mankato, with a major in Accounting and a minor in Business Administration. Bakeberg was born and raised in Cologne, Minnesota, and enjoys spending her spare time with her family. She has lived in Howard Lake since 2010 and enjoys remodeling her current home with her husband.
Amy Murphy joined Citizens Alliance Bank in the Clara City, Minnesota location as the Senior Operations Manager and a member of the Senior Leadership Team of the Bank. In this role, she will be responsible for overseeing and managing the day to day activities in Item and Data Processing, Deposit Operations, Retail Service Banking, Electronic Banking and Cash Management functions of the Bank. Murphy brings 27+ years of experience in the financial industry. Murphy is an active member of the Federal Reserve Bank Retail Payments Advisory Group and also is the Treasurer of Delano Lions Club. Currently, Murphy lives in Montrose, Minnesota where she enjoys golfing, hiking, reading and spending time with her adult children, Bridget and Noah.
First National Bank of Waseca is pleased to announce the addition of Alyssa Bowers as Mortgage Lender/Consumer Banker. Bowers joins the Bank with over 21 years of experience in the areas of retail, mortgage, commercial, marketing and management. She received a bachelor’s degree from Minnesota State University, Mankato where she majored in finance. Bowers and her husband, Mike, reside in Waseca with their three daughters.
Bridgewater Bank is pleased to welcome Tony Ferraro to its growing lending team as Senior Vice President Commercial Lending. Tony joins Bridgewater as a seasoned lender with 20 years’ commercial lending experience. Tony holds a bachelor’s degree in Finance from the University of Minnesota Duluth.

     In Memory of...


Truman L. Jeffers

The MBA mourns the loss of Truman Jeffers, who served as the MBA’s Executive Vice President from 1970-1995. Jeffers led the industry through many challenges in the 70s and 80s, personally impacting state and federal legislation and creating several banking programs. His full obituary can be found here.  

  Board Appointments


Sterling State Bank is pleased to announce that Christopher D. Nelson, Esq. has joined the Bank’s Board of Directors. Currently Mr. Nelson serves as Vice President of Development for the Catholic Community Foundation based in St. Paul, MN. In this role, Chris serves as the chief fundraising officer and manager of philanthropic services. The Foundation manages approximately $350 million in assets and is the 6th largest grant maker in the state of Minnesota. Chris, his wife, and young son live in Plymouth, Minnesota.

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 erich@minnbankers.com