GSBC president prepares leaders for changing world

When the Graduate School of Banking at Colorado was formed 70 years ago, the original banking principles drafted by the board of regents were likely sketched in black-and-white on a 10-column pad — financially oriented and predictable. “We’ve just continued to expand what it means to be a banker,” said Michael Stevens, who replaced the retiring Tim Koch in August as president at the Graduate School of Banking at Colorado. [Continue]

Rising Stars 2021: Iowan tours community, advocating education

Holding his drumsticks, Kyle Baker peered out at the crowd, absorbing the rhythm of the din. It was mid-summer in 2010, and he and his band, the Superunknown, were backstage at the Riverbend Music Center in Cincinnati, opening for KISS during their “Hottest Show on Earth” tour. The atmosphere shifted when the lights dimmed, and Baker stepped onstage with a rush of energy.  [Continue]

Rising Stars 2021: Indiana banker envisions growth, potential

When Amanda Morris-Feldman met Don Groenleer, she was a 25-year-old CPA working for Crowe Horwath LLP, her first job out of college, and he was chief financial officer at First Federal Savings Bank in Rochester, Ind. At the time, she had no reason to envision herself in his role. But five years later that’s exactly where she was.  [Continue]

Rising Stars 2021: Minnesotan defines community banking on home turf

A lot of people talk about being a community banker, said Nate Lloyd, “but I don’t think you’d know what a community banker is and what it entails until you actually do it in a community that you care so deeply about.” By banking in his hometown, Lloyd, vice president of business banking at Minnesota’s Grand Rapids State Bank, has found fulfillment in the puzzle of understanding his community. [Continue]

Rising Stars 2021: Michigander delivers service ‘behind the screens’

From a hillside barn in Litchfield, Mich., a calf gnawed on Scott Ferry’s finger. He held up his phone, livestreaming the scene for his banker, Stephanie Brummette. “It’s almost feeding time,” he told her. “Oh my gosh. Best job ever. I’m glad I needed a signature,” Brummette said, beaming through her computer at Union Bank’s digital call center in Odessa, Mich. The two had been sorting out the paperwork for the fourth-generation Ferry Farm’s Paycheck Protection Program loan. [Continue]

Nicolet merger expands ag offerings

Nicolet Bankshares, Inc., Green Bay, Wis., announced it will merge with County Bancorp., Manitowoc, Wis. In the $219 million deal — 80 percent stock, 20 percent cash — Nicolet National Bank, the $4.5 billion bank’s subsidiary, will acquire County Bancorp’s $1.5 billion Investors Community Bank. Based on financial records from March, the combined company will have $7.5 billion in assets. [Continue]

Iowa bank redefines ‘community’ with green energy lending niche

In the past decade, Decorah Bank & Trust has reduced its carbon footprint to zero, down from 814 metric tons, and the bank has a majority market share in its northeast Iowa community, which prioritizes solar energy. In fact, the Decorah community is developing a reputation as the state’s solar power capitol. “As a community banker, the Decorah area is a wonderful, vibrant community,” said Ben Grimstad, president and CEO of Decorah Bank & Trust. “But we’re not growing the population.” [Continue]