{"id":29364,"date":"2024-03-13T06:00:56","date_gmt":"2024-03-13T11:00:56","guid":{"rendered":"https:\/\/bankbeat.biz\/?p=29364"},"modified":"2024-03-13T08:15:18","modified_gmt":"2024-03-13T13:15:18","slug":"amazing-outside-directors-2024-drew-vogel","status":"publish","type":"post","link":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/","title":{"rendered":"Amazing Outside Directors 2024: Drew Vogel"},"content":{"rendered":"

In 2023, Diamond Vogel Paint celebrated the completion of its innovation center which will house research and development scientists collaborating to improve the paints and coatings the company has been making since its founding in 1926. Innovation like this along with technology and relationships has always been part of the foundation of the company, something Drew Vogel, grandson of founder Andrew Vogel, knows well, having grown up in the family business. Not surprisingly, these basic tenets of the paint manufacturing company dovetail well with the other industry in which the family has stakes: community banking.<\/span><\/p>\n

Vogel was born and raised in Orange City, Iowa, and studied at Orange City\u2019s Northwestern College before completing an industrial administration degree at Iowa State University. \u201cI went to work for the paint company right after school,\u201d he said. \u201cI hadn\u2019t planned on it.\u201d In fact, he had been offered two other jobs and couldn\u2019t decide between General Electric or Caterpillar. So he called his dad, Frank, for advice. Frank asked, \u201cWhat do you get excited about?\u201d<\/span><\/p>\n

\"Drew
Drew Vogel<\/figcaption><\/figure>\n

The pair had never discussed him going to work at the paint company, but Vogel had always enjoyed his work there growing up. So he interviewed with his uncles. \u201cIt\u2019s easier to take advice from an uncle than a dad,\u201d Vogel said. While the uncles offered him a job, it was his dad who was really his boss and mentor for 15 years.<\/span><\/p>\n

When Frank wanted to retire, Vogel moved back to Orange City, and soon thereafter, Frank bought what became Iowa State Bank, a $17 million ag bank chartered in town. \u201cI felt that if I didn\u2019t get out of the way [at Diamond Vogel], Drew wouldn\u2019t be able to develop into leadership,\u201d Frank told the Northwestern College magazine in 2018. \u201cIt\u2019s a great gift that Drew took over. He\u2019s a better manager than I was.\u201d<\/span><\/p>\n

More than just trying to stay out of Drew\u2019s way, however, was Frank\u2019s interest in ensuring the bank stayed locally owned. \u201cHis observation was that communities that don\u2019t have a bank, or one that is owned locally \u2014 over the years, there is not as much support for community growth as communities that do have that,\u201d Vogel said. Banks that are locally owned \u201cfeel a responsibility to be part of projects that help build the community, quality of life, or economic base,\u201d he said. \u201cIt\u2019s fulfilling to see the bank, in its own way \u2026 respond to that. It\u2019s a pretty big part of what motivates me and motivated our family.\u201d<\/span><\/p>\n

Since joining the Vogel Bancshares and bank boards in 1988, Vogel has seen assets grow to just over $1 billion in 2023, and loans grow to more than $750 million from $8 million. Much of that growth came through acquisitions, something very familiar to Vogel. In the last 50 years, the paint industry has gone from 3,500 independent manufacturers nationally to 350 today, he said; Diamond Vogel was responsible for some of that consolidation.\u00a0<\/span><\/p>\n

\u201cThat helped us be in tune and prepared for what the bank would need to do as the years went on,\u201d he said. Iowa State Bank as it stands today is the result of six different charters coming together as one.<\/span><\/p>\n

For his role in that growth, Vogel was named a 2024 \u201cAmazing Outside Director\u201d by <\/span>BankBeat<\/span><\/i> magazine.<\/span><\/p>\n

Vogel believes his background in customer service, relationships, sales and marketing has benefited the bank over the years and influenced the bank\u2019s diversification. President Leroy Van Kekerix agrees. Vogel\u2019s general business sense and his background in manufacturing have been very valuable as the bank created a commercial loan department, he said.<\/span><\/p>\n

\u201cManufacturing, sell and distribute, personal service, retail. It\u2019s a departure from ag,\u201d Vogel said. \u201cWe love the ag business. Our bank has really good specialists in beef and pork and grains and commodity and row cropping. But I think we\u2019ve been able to expand our bandwidth in regard to commercial and industrial.\u201d\u00a0<\/span><\/p>\n

The bank has grown into \u201ca pretty decent regional company,\u201d Van Kekerix added.\u00a0<\/span><\/p>\n

Vogel also is well-versed on the impact of rules and regulations. \u201cKnowing that you have to be astute and understand what the regulations are and how to honor those and meet those regulations was something that helped us as we went into banking,\u201d he said. \u201cWe kind of kidded sometimes with folks at the bank that we went into banking because we thought we were going to move into a business that wasn\u2019t so highly regulated.\u201d<\/span><\/p>\n

The Vogels\u2019 work in the community through both the paint company and the bank earned both Frank and Drew Vogel spots in the Iowa Business Hall of Fame in 2017, the first ever inductees from northwest Iowa. \u201cI guess we must have done more things right than wrong,\u201d Drew Vogel quipped. \u201cWe were just honored to be associated with those folks and those companies.\u201d<\/span><\/p>\n

Vogel transitioned into chair of the two boards in 2018-19. Despite having been president of a company, Vogel has balanced his past experience with the duties of bank chair, Van Kekerix said. \u201cHe\u2019s really allowed the staff and management to run the bank while he\u2019s guiding the bank in a general way,\u201d he said. \u201cThat\u2019s a hard blend, and he\u2019s really done that well.\u201d<\/span><\/p>\n

\u201cI really recognize the Vogels have treated it as a family-owned bank and a community bank,\u201d Van Kekerix said. \u201cAnd Drew learned that through the paint company.\u201d\u00a0<\/span><\/p>\n

\u201cRelationships were something that was part of the company right from the beginning \u2014 customers, employees, suppliers. I think that\u2019s carried across into banking as well. Community banks obviously are and should be about relationships,\u201d Vogel said. \u201cRelationships have always been the important part of how we\u2019ve liked to do business.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

For his role in the growth of Iowa State Bank, Drew Vogel was named a 2024 \u201cAmazing Outside Director\u201d by BankBeat magazine. [Continue] <\/a><\/p>\n","protected":false},"author":409,"featured_media":29365,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"generate_page_header":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[5],"tags":[114],"yoast_head":"\nAmazing Outside Directors 2024: Drew Vogel - BankBeat<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazing Outside Directors 2024: Drew Vogel - BankBeat\" \/>\n<meta property=\"og:description\" content=\"For his role in the growth of Iowa State Bank, Drew Vogel was named a 2024 \u201cAmazing Outside Director\u201d by BankBeat magazine. [Continue]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\" \/>\n<meta property=\"og:site_name\" content=\"BankBeat\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-13T11:00:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-13T13:15:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sam Wilmes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bankbeat\" \/>\n<meta name=\"twitter:site\" content=\"@bankbeat\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sam Wilmes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\"},\"author\":{\"name\":\"Sam Wilmes\",\"@id\":\"https:\/\/bankbeat.biz\/#\/schema\/person\/87f08247e66c77528f6b364ab3fa8288\"},\"headline\":\"Amazing Outside Directors 2024: Drew Vogel\",\"datePublished\":\"2024-03-13T11:00:56+00:00\",\"dateModified\":\"2024-03-13T13:15:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\"},\"wordCount\":970,\"publisher\":{\"@id\":\"https:\/\/bankbeat.biz\/#organization\"},\"image\":{\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png\",\"keywords\":[\"00 Home Feature - Single\"],\"articleSection\":[\"Features\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\",\"url\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\",\"name\":\"Amazing Outside Directors 2024: Drew Vogel - BankBeat\",\"isPartOf\":{\"@id\":\"https:\/\/bankbeat.biz\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png\",\"datePublished\":\"2024-03-13T11:00:56+00:00\",\"dateModified\":\"2024-03-13T13:15:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage\",\"url\":\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png\",\"contentUrl\":\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png\",\"width\":400,\"height\":300,\"caption\":\"Drew Vogel\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/bankbeat.biz\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Amazing Outside Directors 2024: Drew Vogel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bankbeat.biz\/#website\",\"url\":\"https:\/\/bankbeat.biz\/\",\"name\":\"BankBeat\",\"description\":\"A Service of NFR Communications\",\"publisher\":{\"@id\":\"https:\/\/bankbeat.biz\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bankbeat.biz\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/bankbeat.biz\/#organization\",\"name\":\"BankBeat\",\"url\":\"https:\/\/bankbeat.biz\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bankbeat.biz\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2017\/12\/fb-share-logo.jpg\",\"contentUrl\":\"https:\/\/bankbeat.biz\/wp-content\/uploads\/2017\/12\/fb-share-logo.jpg\",\"width\":476,\"height\":249,\"caption\":\"BankBeat\"},\"image\":{\"@id\":\"https:\/\/bankbeat.biz\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/bankbeat\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/bankbeat.biz\/#\/schema\/person\/87f08247e66c77528f6b364ab3fa8288\",\"name\":\"Sam Wilmes\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bankbeat.biz\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c5a6bcc2d5ea851040879c2ddc27e4ed?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c5a6bcc2d5ea851040879c2ddc27e4ed?s=96&d=mm&r=g\",\"caption\":\"Sam Wilmes\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Amazing Outside Directors 2024: Drew Vogel - BankBeat","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/","og_locale":"en_US","og_type":"article","og_title":"Amazing Outside Directors 2024: Drew Vogel - BankBeat","og_description":"For his role in the growth of Iowa State Bank, Drew Vogel was named a 2024 \u201cAmazing Outside Director\u201d by BankBeat magazine. [Continue]","og_url":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/","og_site_name":"BankBeat","article_published_time":"2024-03-13T11:00:56+00:00","article_modified_time":"2024-03-13T13:15:18+00:00","og_image":[{"width":400,"height":300,"url":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png","type":"image\/png"}],"author":"Sam Wilmes","twitter_card":"summary_large_image","twitter_creator":"@bankbeat","twitter_site":"@bankbeat","twitter_misc":{"Written by":"Sam Wilmes","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#article","isPartOf":{"@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/"},"author":{"name":"Sam Wilmes","@id":"https:\/\/bankbeat.biz\/#\/schema\/person\/87f08247e66c77528f6b364ab3fa8288"},"headline":"Amazing Outside Directors 2024: Drew Vogel","datePublished":"2024-03-13T11:00:56+00:00","dateModified":"2024-03-13T13:15:18+00:00","mainEntityOfPage":{"@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/"},"wordCount":970,"publisher":{"@id":"https:\/\/bankbeat.biz\/#organization"},"image":{"@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage"},"thumbnailUrl":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png","keywords":["00 Home Feature - Single"],"articleSection":["Features"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/","url":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/","name":"Amazing Outside Directors 2024: Drew Vogel - BankBeat","isPartOf":{"@id":"https:\/\/bankbeat.biz\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage"},"image":{"@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage"},"thumbnailUrl":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png","datePublished":"2024-03-13T11:00:56+00:00","dateModified":"2024-03-13T13:15:18+00:00","breadcrumb":{"@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#primaryimage","url":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png","contentUrl":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2024\/02\/aod-drew-vogel.png","width":400,"height":300,"caption":"Drew Vogel"},{"@type":"BreadcrumbList","@id":"https:\/\/bankbeat.biz\/amazing-outside-directors-2024-drew-vogel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bankbeat.biz\/"},{"@type":"ListItem","position":2,"name":"Amazing Outside Directors 2024: Drew Vogel"}]},{"@type":"WebSite","@id":"https:\/\/bankbeat.biz\/#website","url":"https:\/\/bankbeat.biz\/","name":"BankBeat","description":"A Service of NFR Communications","publisher":{"@id":"https:\/\/bankbeat.biz\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bankbeat.biz\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/bankbeat.biz\/#organization","name":"BankBeat","url":"https:\/\/bankbeat.biz\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bankbeat.biz\/#\/schema\/logo\/image\/","url":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2017\/12\/fb-share-logo.jpg","contentUrl":"https:\/\/bankbeat.biz\/wp-content\/uploads\/2017\/12\/fb-share-logo.jpg","width":476,"height":249,"caption":"BankBeat"},"image":{"@id":"https:\/\/bankbeat.biz\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/bankbeat"]},{"@type":"Person","@id":"https:\/\/bankbeat.biz\/#\/schema\/person\/87f08247e66c77528f6b364ab3fa8288","name":"Sam Wilmes","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bankbeat.biz\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c5a6bcc2d5ea851040879c2ddc27e4ed?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c5a6bcc2d5ea851040879c2ddc27e4ed?s=96&d=mm&r=g","caption":"Sam Wilmes"}}]}},"_links":{"self":[{"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/posts\/29364"}],"collection":[{"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/users\/409"}],"replies":[{"embeddable":true,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/comments?post=29364"}],"version-history":[{"count":3,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/posts\/29364\/revisions"}],"predecessor-version":[{"id":29497,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/posts\/29364\/revisions\/29497"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/media\/29365"}],"wp:attachment":[{"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/media?parent=29364"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/categories?post=29364"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bankbeat.biz\/wp-json\/wp\/v2\/tags?post=29364"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}