In 1991, Paul Hoffmann was almost five years into his banking career ― and waist deep in a pile of Federal Reserve cash. The freshly hired Fed account manager was on an orientation tour of the old Fed building in Minneapolis when a transport stacked with bundles of currency tipped and nearly entombed the touring party. “We heard a guard saying ‘raise your hands and wade out through the money’ and I thought, is this really happening?”
Hoffmann recounted the experience from his office in Monona, Wis., where he is now president and CEO of Monona State Bank. This NorthWestern Financial . . .
This content is only accessible to members with a current subscription. If you are a subscriber but don't have online access, please contact us at 952-835-2275.