Psychologist-turned-banker carries on family legacy

In 2001, Farmers State Bank lost its leadership team when its chairman died and its president was killed in an accident a short time later. Nancy Skophammer lost a father and a friend. But rather than let the bank go leaderless, Skophammer brought her family’s bank through the challenging time and even grew the bank into a new market.

The story begins in 1929, when Skophammer’s father Joseph got a  job as a cashier at the Farmers State Bank of Hartland, Minn. Over the next 58 years, he bought out the other shareholders of the bank until he . . .

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