Rising Stars 2022: Kevin Forristall

When considering a community banking career, most people would do their research, maybe take a class or two, or talk to a lender or analyst. But cold-calling the head of your local institution? That’s the strategy Kevin Forristall opted for when he was considering a move from Wells Fargo to a smaller bank. He’d found the bigger company a less than ideal fit, but stuck it out for two years learning as much as he could.  [Continue]

Rising Stars 2022: Savanna Hendrickson

When Bank of Tioga President David Grubb hired Savanna Hendrickson in 2015, he wasn’t necessarily looking for his successor. But over a half-dozen years, Hendrickson has proven herself through a willingness to tackle — and conquer — new challenges. Hendrickson, who’s been president of the $331 million North Dakota bank since the beginning of this year, is one of eight bankers recognized by BankBeat as a 2022 “Rising Star in Banking.” [Continue]

Rising Stars 2022: Aaron Siegle

When First Resource Bank celebrated crossing the $300 million asset mark last year, President Aaron Siegle gave each employee $300. The money came with a condition: Half had to be spent on the employees’ families and half had to go to a cause, whether a formal nonprofit or simply a neighbor in need. The success of the Lino Lakes, Minn., bank was built on the success of its people and its community, and the fruits of that success should be shared. [Continue]

Amazing Outside Directors 2022: Marcia Malzahn

On the northern side of the Minneapolis suburbs, Village Bank is building a community: Employees and customers alike are invited to partake in building something a little more personal. Lending a guiding hand is banking consultant and former banker Marcia Malzahn, who has been on the board for just under three years and a part of the local community banking industry much longer. [Continue]

Outstanding Women 2021: Anita Drentlaw

Just before the pandemic struck, Anita Drentlaw began overhauling the culture at New Market Bank. As president and CEO of the bank, Drentlaw wanted to develop a commitment to leadership at the $190 million bank, located on the south side of the Twin Cities metro. Developed by an ex-Marine, the program she implemented at the Elko Market Bank focused on creating a leadership mentality among its graduates rather than situation-specific training. It’s helped create a unified culture with buy-in from all participants. [Continue]

Outstanding Women 2021: Tammy Sexton

When the Cambridge, Neb., branch of First Central Bank McCook caught fire early one Sunday morning in June 2016, it could have turned into a crippling event. Instead, up stepped branch president Tammy Sexton, who promptly dug into the to-do list getting a temporary branch set up. That facility, initially held in a community center meeting room, was up and running by Monday afternoon, less than 48 hours after the start of the fire. [Continue]

April RMI holds steady

Despite a slight decline, the Rural Mainstreet Index posted a healthy 69.0 in April, up from March’s 71.9, and still well above growth neutral. This is the fifth straight month of economic growth in the survey of rural bank CEOs from the central ag- and energy-dependent states. Just over a third of respondents said their local economies had expanded between April and March.  [Continue]

Basketball court aims to be winning shot for bank

When State Nebraska Bank & Trust in Wayne first looked at rebuilding its Campus Branch on the north side of town, CEO Matt Ley knew it was an opportunity to do more than update the 1980s structure. The bank bought some adjacent lots and decided to add leasable Class A office space to the building — plus something extra. [Continue]

DCI’s Fankhauser leverages people skills to navigate challenges

When Sarah Fankhauser became president and CEO of core provider Data Center Inc. — the first woman to lead the Kansas-based company in its 57-year history — she faced an unfolding and historic pandemic that spurred the industry to become increasingly reliant on technology. Having come up through company ranks on the customer support side (after beginning her career at a bank), Fankhauser’s people skills proved consequential. These are skills hewn by experience. [Continue]

Boutique core providers carve niche with customization, responsiveness

The realities of the core processing industry are stark: The industry’s Big Three — Fiserv, Jack Henry and FIS — account for the vast majority of the market. The remaining wedge is divided among a range of smaller shops. At its heart, the pitch from smaller core providers mirrors the one community bankers give those considering them over their largest competitors: They offer a high-touch, focused service model with real people responding to inquiries, problem-solvers able to understand and react to swiftly or at least explain their limitations without sounding like automatons. [Continue]