Stearns Bank hires chief deposit officer

St. Paul, Minn.-based Stearns Bank hired Amber Gerstung as chief deposit officer.

Gerstung has 23 years of experience in banking and financial services, most recently as senior managing director and head of embedded payments at Silicon Valley Bank. Gerstung previously spent a decade at Wells Fargo as senior vice president, treasury management consultant.  

Gerstung, who will be based in Minneapolis, has a bachelor’s degree from the University of Minnesota. 

“Amber’s diverse background, industry expertise and unique skillsets will help Stearns Bank to strengthen its personal relationships with our more than 35,000 customers across the country,” said President and CEO Kelly Skalicky. “Stearns Bank has grown into one of the nation’s top-performing banks, and as we position ourselves for the next stage of our growth journey, we’re excited that Amber will pay a pivotal role in implementing short and long-term strategies that drive our national market and deposit account expansions.”