CRE expertise highly valued at Minnesota community bank

When Steve Huston, president and CEO of Bankwest, Rockford, Minn., invited Greg Ebert to join the bank’s board, Ebert responded in a way that could have been construed as self-serving. “I asked him, ‘What’s the upside for me?’” Ebert recalled. It wasn’t that Ebert, owner of Ebert Construction based in neighboring Corcoran, wasn’t community-minded. He simply knew that participating on a bank’s board introduced him to risk and brought with it a time commitment many business owners cannot absorb. [Continue]

Business owner urges bank to help community impacted by disaster

It took only two hours for Lake Delton’s 700 million gallons of water to drain across a breached highway into the Wisconsin River. The calamity occurred after torrential rains in June of 2008 caused a dam to collapse. When the storm cleared, all that was left of the lake located just outside of the Wisconsin Dells was its muddy bottom. Without the lake, the area’s billion-dollar tourism industry was imperiled. [Continue]