Minnesota banker becomes compliance expert

With little previous experience, Doris Loen became the compliance officer for the Amundson Bank Group in 2003. Today she is the compliance authority for a $425 million organization with five banks and 14 locations.

Nine years ago, Amundson Bank Group needed a new compliance officer. While each of the group’s banks had its own compliance staff, the group needed someone to be a compliance authority and conduct audits. When it came to regulation, management had read the writing on the wall.

“We didn’t know what was going to happen with compliance but we were sure that it would . . .

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