Frandsen names VP

Jon Fumich has been named vice president of business development at Frandsen Financial Corporation, Arden Hills, Minn. [Continue]

Former FDIC Chair addresses Minneapolis group

Sheila Bair, the former Chairman of the Federal Deposit Insurance Corporation, told a luncheon crowd in Minneapolis yesterday that Wall Street professionals work under a different ethic than bankers on Main Street. [Continue]

Josh Guttau promoted to lead TS Bank, Treynor, Iowa

Josh Guttau was appointed CEO of Treynor State Bank, Treynor, Iowa, on March 27. Guttau takes over the lead from his father, Mick Guttau, who purchased the now $280 million bank in 1978. Mick Guttau remains chairman of the bank’s board. He also remains chairman and president of Treynor Bancshares, Inc, the bank’s holding company. Josh Guttau also will continue as CFO and a board member. [Continue]