MidCountry Bank in the News
Chris Vosbeek Joins MidCountry Bank as Chief Financial Officer
Bloomington, MN – (February 2019) MidCountry Bank is pleased to announce that Chris Vosbeek joined its executive team as Chief Financial Officer. Chris built his career with extensive leadership experience in the banking industry. Additionally, he served as President of Habitat for Humanity of Minnesota (HFHMN) for the past three years. HFHMN is a Community Development Financial Institution providing loan and grant funding for 30 Habitat for Humanity affiliates across Minnesota. His collaborative approach and straight forward management philosophy provides an ideal entry into MidCountry’s corporate culture.
President and CEO Steve Meads shared, “Chris brings a wealth of experience to his new role, and will help usher in a new level of performance for MidCountry Bank. We are fortunate to have him join our team.”
Chris graduated in Business with a Finance concentration from the University of St. Thomas. He maintains involvement with American Bankers Association and Minnesota Bankers Association.
MidCountry Bank Receives Community Champion Recognition
Bloomington, MN (January 2019) Our team members have a long history of being engaged in their communities, making them a better place to live and work. Once again in 2019, our collective efforts are being recognized by the Minnesota Bankers Association, showcasing MidCountry Bank as an organization that represents what community banking is all about.
In 2018, 71 team members embraced the opportunity to log nearly 2600 hours of paid and unpaid volunteer service, benefitting the communities and organizations that are important to them. This represents a 14% increase in employee engagement over the prior year – something to truly be proud of!
In addition to donations of time and talent, MidCountry provides direct charitable donations to a number of nonprofits and community organizations as part of its on-going commitment to corporate social responsibility. In 2018, MidCountry donated approximately $200,000 to 34 separate organizations across the state.
Within the broad spectrum of organizations that MidCountry supported financially or through volunteerism efforts in 2018, our collective work to support low and moderate income individuals deserves special mention. We do this not only by being a leader in affordable financing solutions in the state of Minnesota, but also by embracing our civic responsibility to the communities we serve. Confirmation of this is the consistent recognition of several MidCountry loan officers with Platinum level “Top Loan Officer” by Minnesota Housing.
In 2018 MidCountry continued to focus resources on programs serving the Veteran community. Not only did we carry out the work initiated in 2017 with Rebuilding Together Twin Cities by volunteering 400 hours of time in May 2018 on a project to benefit a veteran in need, but we entered into a new partnership with Habitat for Humanity, Central Minnesota providing the “lead” funding required for an inaugural new Veteran Home Build in the St Cloud area. This groundbreaking took place in September 2018 and is expected to be complete in the spring of 2019. The MidCountry partnership is also providing critical funding, volunteer labor, and financial literacy training for homeowners who are selected by Habitat for this special program.
Homeless Veterans Benefit from MidCountry Bank Donation
Bloomington, MN (January, 2019 ) Minnesota Assistance Council for Veterans (MAC-V) was founded in 1990 with a mission to end homelessness for those who once served our country. MidCountry’s donation will help fund programs that place homeless veterans in transitional group housing while case workers help them with individualized plans to gain stability and eventual independence.
Since its inception, the efforts of MAC-V have effectively cut our homeless veteran population in half in the state, but the need is still great. Though the numbers of documented homeless are in a decline, the longer term cases are more complex. Additionally, there is a new trend emerging as the military becomes more gender diverse. Homeless women are a segment of the veteran registry that requires attention as well. On average, the transition period from homelessness lasts 6-9 months. MAC-V also facilitates regional “Stand Down” events that bring all of the resources together in one location to help improve access to the services these veterans need.
MAC-V is an organization comprised of approximately 50 individuals dedicated to its cause. Over half are retired military personnel themselves. The others that are not are from various non-profit or service sectors that provide invaluable contacts and skill sets to navigate the government, legal and public/private resources necessary to solve this important issue.
MidCountry Bank President and CEO Steve Meads shared, “We are proud of our new partnership with MAC –V. We applaud the impact they have made in our communities and in the lives of the individuals they have helped, and we will continue to explore additional ways that MidCountry team members can support this meaningful work.”
MidCountry Supports Project Got Your Back
After serving our country, many of this nation’s Veterans experience challenges integrating back into civilian life. Challenges are varied. They may be matching skills to appropriate job requirements, handling financial matters, dealing with medical conditions, counseling, housing, etc. A myriad of service organizations exist to support the needs of our Veterans and their families. However, finding the right resources can be a challenge by itself.
Project Got Your Back seeks to serve as the backbone organization in Minnesota to grow and sustain collective impact to support all MN military, Veterans, their families and caregivers. PGYB works across the state to identify public and private resources and then strategically connect individuals, communities and regions where it can. The resulting outcome is improved awareness and engagement, unifying efforts to honor and support military and veterans in MN.
The newest project, sponsored in part by MidCountry Bank is the creation of a website called the MN Military & Veteran Exchange. www.MNme.us This website adds another tool to support the entire project for the military and veteran community.
Project Got Your Back was founded by Mark Ellson, a former Colonel in the US Army Reserve, who retired in 2015 after 39 years of service. Mark is also founder of JEMNI, Inc. a service-disabled and Veteran owned business.
MidCountry Bank awarded $5,000 to Project Got Your Back to provide support for the newly established military and Veteran exchange website. www.MNme.us
Pictured here (L/R): Charlene Nelson (Foundation Manager), Mark Nettesheim (MCB), Mark Ellson (CEO, Chairman and Founder, PGYB), Allison Alstrin (Project Manager), Maureen O’Brien-Wieser (MCB), Kathy Wachter (MCB)
MidCountry Bank Acquired by MN-based Investors Group
Award-winning community bank looks to future, continued growth in region
MINNEAPOLIS, MN (Nov. 30, 2018) MidCountry Bank (MCB), headquartered in Bloomington, MN, is pleased to announce the successful closing of an ownership transaction in which the community bank, and its subsidiaries and divisions, will be acquired by MidCountry Acquisition Corp. First announced in June, the transaction was subject to regulatory approval and other customary closing conditions which have now all been completed.
MidCountry Bank, with $795 million in assets, serves the central Minnesota region through a network of 15 full-service branch offices. It offers a wide range of products and services through various subsidiaries and divisions including MidCountry Investments, MidCountry Insurance, and MidCountry Mortgage. MCB also operates a consumer banking division under the name Pioneer Services, providing active-duty military, career-retired military, and veterans of the U.S. Armed Forces with access to personal installment loans and free financial education resources. The division operates both online and through a network of seven retail loan production offices around the country.
“We are extremely excited about this new Minnesota-based ownership group, and the opportunity it provides for our customers and our team members going forward,” stated Steve Meads, President and CEO of MidCountry Bank. “We now have a committed source of local capital and the added flexibility to pursue investments that further our growth and customer experience, with new local relationships that will allow us to continue growing both our market visibility and awareness.”
Under this simple ownership transaction, MidCountry Bank will operate on a stand-alone basis. It will retain its name, have the same management team, and maintain existing operations and systems. Customers can continue to conduct their banking business through all of MCB’s convenient options including its branch offices, ATMs and on-line at www.MidCountryBank.com. Pioneer Services will also continue servicing military customers through all of its existing channels, including via online and mobile access at www.PioneerServices.com and through its network of retail loan production offices.
“Our customers won’t see any change in their day-to-day service, products offered, or existing operations under this recent transaction,” Meads added. “MidCountry Bank will continue to be an industry leader in customer services and satisfaction, and fulfill our mission of being responsive to our customers and their financial needs and to the communities we serve.”
MidCountry Acquisition Corporation (MAC) acquired MCB from MidCountry Financial Corp., a bank holding company headquartered in Macon, Ga. MAC was formed by a group of local investors led by local businessman and entrepreneur Jim Hays, the founder of Minneapolis-based Hays Companies. Other MAC investors include Steve Lerum, Bill Mershon, and Brian Short. As background, Hays Companies recently reported that the insurance portion of the company was acquired by Brown and Brown. Jim Hays will continue to maintain his role within Hays Companies and will also serve on the Board of Directors of Brown and Brown.
MidCountry Bank was founded in 2003 with the acquisition of the First Federal Banks and Bayside Bank. The banks of MCB have been serving Minnesota communities as far back as 1904. The company is a leader in corporate social responsibility, focused on volunteerism, community giving, and civic leadership in the communities it serves. The bank maintains a Community Reinvestment Act (CRA) rating of Satisfactory and was named a 2018 Community Champion by the Minnesota Bankers Association.
Congratulations, Amber Benavides!
Amber Benavides was honored as a “Top Women in Finance” at Finance & Commerce’s award event on November 15. Joined by family, friends and MCB teammates, Amber and fellow honorees were celebrated with a reception and dinner, followed by the awards presentation.
The TWIF Alumni is comprised of women in the finance industry who are making an impact on their professions and in their communities. With Amber joining the ranks, MidCountry is fortunate to have 7 of these extraordinary leaders on our team. Previous MCB honorees include Peggy Franzen, Maureen O’Brien-Wieser, Angie Joyce, Jillian Botz, and Jennifer Schroeder, and Amy Burma, many who were present to support and congratulate the newest recipient.
We are proud to have Amber’s talents on the MidCountry Bank team!
MidCountry Bank keeps its focus on its community
Bloomington, MN (September, 2018)
Click here to read how “MidCountry Bank keeps its focus on its community”!
LOCAL HABITAT FOR HUMANITY AND MIDCOUNTRY BANK PARTNER FOR VETERANS
St. Cloud, MN (July, 2018) - Central MN Habitat for Humanity and MidCountry Bank announced their partnership in building a house for a military veteran and family. As a major sponsor of the build, this marks the Bank’s first engagement with Habitat in Central Minnesota, but not their first involvement in support of projects supporting veterans and their families in the Midwest. “We are so grateful for MidCountry’s care and support of Veterans causes through the years, and of course this major gift and partnership in our local area now; this enables us to get going on our very first Veterans Build! We already have other corporate and individual sponsors that have joined in the cause, and as more and more participate, our hope is that this will be the first of many homes for Veterans we will build in the years to come.”, commented Rick Nelson, Central MN Habitat’s Executive Director.
In September of this year, ground will be broken on the lot chosen in St. Cloud, and construction will begin. The house will be built by volunteers, along with more than two hundred hours of sweat equity by the new homeowner, family, and friends. With oversight of Habitat—as with all of their builds—local contractors provide and supervise the work, and many gifts-in-kind from suppliers and builders all come together in making these homes a reality; then, the chosen homeowner will be sold the home by Central MN Habitat for Humanity with an affordable mortgage and payment.
“We’re hoping that this will be a project that not only improves the lives of a Veteran and his/her family, but that the entire Veterans community in the St. Cloud area will unite and mobilize by volunteering in this build.”, says Nelson.
The search for a qualified applicant is on, and the period for applying is open through September 4, 2018. Further information, applications, and ways to become involved can be found at the Central MN Habitat for Humanity offices in St. Cloud, or via their website: www.cmhfh.org
MidCountry St. Cloud Branch Manager, Carol Veurink, in speaking of this new venture, says: “We embrace the opportunity to join Central MN Habitat in making homeownership possible for a Veteran in our community.”
MidCountry Bank Acquired by MN-based MidCountry Acquisition Corp.
MINNEAPOLIS, MN (June 13, 2018) MidCountry Bank (MCB), headquartered in Bloomington, Minn., announced today a purchase agreement in which this regional community bank will be acquired by MidCountry Acquisition Corporation, a bank holding company based in Minneapolis and owned by local investors.
MidCountry Bank, with $775 million in assets, currently serves the central Minnesota region through a network of 15 full-service branch offices. It offers a wide range of products and services through various subsidiaries and divisions including, MidCountry Investments, MidCountry Insurance, and MidCountry Mortgage. MCB also operates a consumer banking division under the name Pioneer Services, providing active-duty military, career-retired military, and veterans of the U.S. Armed Forces with access to personal installment loans and free financial education resources. The division operates both online and through a network of seven retail loan production offices around the country.
“This is a tremendous opportunity, and we are extremely excited about the potential this new Minnesota-based ownership group will provide for our customers, and our team members, going forward,” stated Steve Meads, President and CEO of MidCountry Bank. “We will now have a committed source of local capital and flexibility to pursue investments that further enhance our customer experience, with added local relationships also allowing us to grow both our market visibility and awareness.” The bank will operate on a stand-alone basis and will be managed by the existing management team.
Following the close of the transaction, MidCountry Bank will retain its name, management team, and existing operations and systems. Customers will continue to conduct their banking business through all of MCB’s convenient options including its branch offices, ATMs and on-line at www.MidCountryBank.com. Pioneer Services will also continue servicing military customers through all of its existing channels, including via online and mobile access at www.PioneerServices.com and through its network of retail loan production offices.
“This is a simple ownership transaction, our customers won’t see any real change in their day-to-day service, products offered, or existing operations,” Meads added. “MidCountry Bank will continue to remain a market leader in customer satisfaction, innovative products and services, and continued support for the communities where we operate.”
MidCountry Acquisition Corporation will acquire MCB from MidCountry Financial Corp. (MCFC), a bank holding company headquartered in Macon, Ga. The acquisition of MCB is subject to regulatory approval and other customary closing conditions, and is expected to close during the fourth calendar quarter of 2018.
As background, MCB was founded in 2003. The company is a leader in corporate social responsibility, focused on volunteerism, community giving, and civic leadership in the communities it serves. The bank maintains a Community Reinvestment Act (CRA) rating of Satisfactory and was named a 2018 Community Champion by the Minnesota Bankers Association. For more information about MCB, go to www.MidCountryBank.com.
Chamber Celebrates New Offices of MidCountry Mortgage in Stillwater
Stillwater, MN – (February 2018) The Greater Stillwater Chamber of Commerce celebrated the new offices of MidCountry Mortgage on February 8 in Stillwater. The MidCountry Mortgage Stillwater team was joined by their leadership, and other area MidCountry Mortgage professionals for the event which was also attended by Chamber Ambassadors.
MidCountry Mortgage is a division of MidCountry Bank, headquartered in Bloomington, MN. The mortgage division employs 40 lenders across the Twin Cities, with four full time loan officers and a dedicated loan processing specialist in Stillwater. They have been operating under present ownership since 2004.
For four years, MidCountry Mortgage was located in the downtown historic district of Stillwater. They made the move to their new offices on Greeley Street in October 2017 to gain added visibility, and convenience for their customers. “We are very happy to be in this very nice, larger space which allows for easy access and parking for our clients, and room for our growing Stillwater team!” stated Stillwater Mortgage Sales Manager, Gary McIntyre. Joining Gary in the Stillwater location are long time Mortgage Professionals; Jeremy Thompson, Deborah Randall and Jenny Peterson.
As a full-service lender, they offer niche products that provide the flexibility necessary to find a customized solution for most borrowers. With the ability to originate mortgages in all 50 states, MidCountry Mortgage also offers many portfolio loans that they service in house to offer customers the very best options.
MidCountry Mortgage is a leader in affordable housing programs and was recognized by the American Bankers Association in 2017 for its important work in this area. They have the capability to support Latino communities with multi-lingual services, and they recently added focus to new construction and renovation programs, both very important to the Stillwater area.
Todd Streed Promoted to Senior Vice President, Commercial Lending Manager
Bloomington, MN – Joining the Executive Committee at MidCountry Bank, Todd Streed was promoted to the role of Senior Vice President, Commercial Lending Manager in January, 2018. Streed’s career brings over 20 years of professional experience in commercial banking and commercial real estate. Known for his skilled approach at business relationships, Streed has a unique ability to balance the perspectives of the borrower and the bank, finding successful avenues to bring the two together.
Streed joined MidCountry Bank in 2011, and consistently leads loan production, contributing to the growth of MidCountry Bank. He joined as a Loan Officer, was promoted to the Manager of the Commercial Real Estate Group, and now manages the commercial lending operation. His role provides vision and leadership for the commercial team as MidCountry expands its business banking footprint.
Streed holds an accounting degree from St John’s University and an MBA with emphasis in real estate from St Cloud State University.
MidCountry Bank Makes Contribution to Veteran Project Partnership with Rebuilding Together Twin Cities
BLOOMINGTON, MN – (December, 2017) MidCountry Bank has been a longtime partner with Rebuilding Together Twin Cities (RTTC), with contributions of time, talent and financial support reaching back over 12 years. While the partnership between MidCountry Bank and RTTC is not new, the focus of Veteran projects is a first for MidCountry. As part of the partnership, the $50,000 cash donation from MidCountry to RTTC in December provides funding for a home repair projects benefitting Veteran homeowners in need.
Team members of MidCountry are eager to apply the company values of Compassion, Honesty, Integrity, Excellence, and Fairness to a RTTC/MidCountry Bank joint project when it kicks off in the spring. Under the guidance of RTTC program managers, a project site will be selected in the coming months. MidCountry will provide overall project management support, as well as over 400 hours of volunteer work to complete the tasks that will help make life for the selected Veteran better.
Greg Krenz, President of MidCountry Mortgage shares that “MidCountry is honored to have the opportunity to give back to our community through this partnership with Rebuilding Together Twin Cities. Extending our support to Veterans who have given so much to not only their community, but to our Country, is simply the right thing to do.”
Rebuilding Together Twin Cities, an affiliate of Rebuilding Together, Inc., has been preserving and revitalizing homes and communities in the metropolitan area since 1997. Programs provide opportunities for community involvement. Through sponsors and volunteer efforts, Rebuilding Together Twin Cities strives to impact communities and the nonprofit places where neighborhood members gather.
Amy Burma Named Top Women in Finance for 2017
Amy Burma was honored as a “Top Women in Finance” at Finance & Commerce’s award event on November 16. Amy was joined by family, friends and MCB teammates to celebrate with a reception and dinner, followed by the awards presentation.
The growing list of honorees is impressive, comprised of notable women in the finance industry who are making an impact on their professions and in their communities. With Amy joining the ranks of Top Women in Finance, MidCountry is fortunate to have 6 of these extraordinary leaders on our team. Previous MCB honorees include Peggy Franzen, Maureen O’Brien-Wieser, Angie Joyce, Jillian Botz, and Jennifer Schroeder, most of whom were present to support and congratulate Amy.
We are proud to have Amy’s talents on the MidCountry Bank team!
MidCountry Bank Completes Hutchinson Consolidation Plan
HUTCHINSON, MN – (October, 2017) – The long-awaited consolidation of branch facilities is nearing completion for MidCountry Bank. On Monday October 23, 2017 a newly constructed detached Drive Thru will open to the public on the east side of the 200 Main Street, providing 3 lanes of teller service and a conveniently relocated ATM. Services available at the “South” facility (905 Hwy 15 South) will be permanently discontinued following the close of business hours on Saturday October 21 to prepare for the transition.
Hutchinson Planning Commission approved the project plan in April 2016, which involved a land swap and redirection of the alley traffic just east of the current branch office.
Branch Manager Nikki Willemssen shared the positive sentiment she has experienced from Hutchinson customers and residents, “From the beginning, our objective was to improve the convenience services available at our downtown branch. Response in the community has been very positive throughout the project. We are very happy to see this through so our customers can take advantage of the new service options.”
MidCountry Bank Upgrading Sign at Waconia Branch Location
WACONIA, MN – (September, 2017) – Residents of Waconia and those who frequent its business district will soon witness construction activity taking shape at the MidCountry Bank branch, located at 200 East Frontage Road, Highway 5, Waconia. Work begins in September on a new branch sign, and is expected to conclude by early October.
Waconia Planning Commission approved the project plan in August 2017, which includes the removal of the current sign, construction of a new retaining wall and landscape feature, and installation of the newly designed branch sign. A temporary banner will be used to identify MidCountry Bank during the construction phase.
Market Team Leader and Branch Manager Mark Nettesheim commented on the project’s benefit to both the bank and to the community, “MidCountry’s location near the entrance of the business district provides an opportunity to make a positive statement for those visiting our community. We are looking forward to the improvement.”
MidCountry Bank Adding Services to Downtown Branch Location
HUTCHINSON, MN – (August, 2017) – Residents of Hutchinson, and those who frequent the downtown business district, have likely noticed construction activity taking shape at the MidCountry Bank branch, located at 201 Main Street South. Ground broke on a new Drive Up canopy began in July, and is expected to conclude by mid-October.
Hutchinson Planning Commission approved the project plan in April 2016, which involved a land swap and redirection of the ally traffic just east of the current branch office. This approval laid the groundwork for MidCountry to enhance its facility by adding a detached Drive Up with three lanes and improved ATM access.
Branch Manager Nikki Willemssen commented on the excitement this project has generated in the community, “MidCountry’s objective is to improve the convenience and expand services available at our downtown branch. This has been a project under development for some time. We are very excited to get things underway, and even more pleased to be able to offer this enhancement to our customers.”
Progress Minnesota Event Celebrates Innovation and Growth
Minneapolis, MN - (April, 2017) Now in its sixth year, MidCountry Bank was thrilled to partner once again with local publisher Finance and Commerce to sponsor the Annual Progress Minnesota event. This unique program honors those who are driving business and industrial growth and economic development in Minnesota in unique and innovative ways. Congratulations to all of the esteemed honorees, including our customer, King Technology. Thank you for all you do to make our Minnesota communities thrive!
White Bear Lake Chamber Welcomes MidCountry Bank
White Bear Lake, MN – (April, 2017) - MidCountry Bank enjoyed a full house on Wednesday evening, April 5th for the White Bear Lake Chamber of Commerce ribbon cutting ceremony. After several years of operation as a business office rather than a full service branch, it presented a great opportunity to showcase the full service offerings and newly remodeled office space occupying the Birch Lake Professional Building, just off Highway 96. This event officially welcomes MidCountry Bank into the business community.
Branch Manager Jay Geisbauer is a familiar face to many. Jay served on the Chamber Executive Committee prior to joining MidCountry Bank. His opening comments “It’s great to be back in White Bear Lake!” were well received by all in attendance. Chief Operating Officer, Maureen O’Brien Wieser added that, “It’s an important day for MidCountry” referencing our final step to expand our presence in the community with a full suite of banking services. Special mention was also given to Community Business Banker Bob Morse for his long-time commitment to the community through a variety of Chamber and Economic Development roles. Morse maintains his office in the new White Bear Lake MidCountry Bank branch.
MidCountry Bank Announces Nelson Valenzuela as Senior Mortgage Sales Representative
Bloomington, MN – (March, 2017) - Greg Krenz, President of MidCountry Mortgage, announces the newest member of the MidCountry Bank Mortgage team, Nelson Valenzuela. As Senior Mortgage Sales Representative, Valenzuela concentrates on education to break down the obstacles many encounter during their journey toward home ownership. His expertise with a wide range of mortgage options from first time homebuyer programs to portfolio products positions him to find just the right mortgage for each customer.
“Nelson works with many customers for whom English is a second language. He is committed to helping his customers understand and prepare for a successful outcome,” said Krenz. “His broad product knowledge and his ambition to find the right product for each customer make him a great asset to our mortgage team and an outstanding resource for the customer.”
Valenzuela has 13+ years of experience in the mortgage industry, most recently with Movement Mortgage in Eden Prairie, MN.
Legence Bank Signs Agreement to Purchase MidCountry Bank’s Southern Illinois Branches
Bloomington, MN - (February, 2017) - Legence Bank, a wholly-owned subsidiary of the holding company First Eldorado Bancshares, Inc. in Eldorado, IL, signed an agreement, on February 21, 2017, to purchase eight southern Illinois bank branches from Bloomington, MN based MidCountry Bank for an undisclosed sum, pending customary regulatory approval. The branches, located in Benton, Carbondale, Johnston City, Marion Heights, Marion West, Metropolis, Mounds, and Mt. Vernon, have approximately $146 million in deposits. The acquisition and conversion are expected to be complete in the third quarter of 2017, and will bring Legence Bank’s assets to approximately $450 million with a total of 15 branches.
“MidCountry Bank is proud to have served these communities in southern Illinois for more than 12 years, allowing us to develop a number of personal and professional relationships. Maintaining these locations and providing future opportunities for our employees within their respective communities was a driving factor in choosing Legence Bank to purchase these branches.” said Steve Meads, President and CEO of MidCountry Bank.
MidCountry Bank customers of southern Illinois should continue making their loan payments as usual and may continue to access their accounts through MidCountry branches, online, ATMs, checks and debit cards until the branches convert in the third quarter. The banks will send a letter to all impacted customers 30 days prior to the conversion with detailed information to help provide a smooth transition for their banking needs.
As of December 31, 2016, Legence Bank reported nearly $304 million in assets. With the addition of the eight branches, Legence Bank will operate a total of fourteen branches in southern Illinois and one branch in Evansville, IN. Legence Bank is independently owned and community focused, providing individuals, families, businesses and farmers a premier financial institution and state of the art convenient financial products, services and customized solutions. As an Approved Lender for SBA and a Preferred Lender for FSA, Legence is able to make the loan approval process much more efficient and quick for customers. Legence Bank also operates the wholly owned subsidiary American Farm Mortgage & Financial Services. Located in Louisville, KY, AFMFS originates and services over $215 million in agricultural real estate loans nationwide. For more information, please visit LegenceBank.com.
MidCountry Bank is a full-service community bank. It has a 15-branch office network in Minnesota, and Nevada with its headquarters located in Bloomington, MN. MidCountry Bank provides high-quality, diversified financial services and solutions for customers to meet their personal, business, and professional banking needs through its branch network as well as online. To learn more, visit MidCountryBank.com.
FIG Partners is serving as financial advisor and Nelson Mullins Riley & Scarborough is serving as legal counsel to MidCountry Bank. Armstrong Teasdale is serving as legal counsel to Legence Bank.
Kevin Zenk Promoted to Branch Sales Director
BLOOMINGTON, MN - (JANUARY, 2017) – MidCountry Bank has promoted Kevin Zenk to Branch Sales Director over its Retail sales teams, effective January 1, 2017. Zenk joined MidCountry in 2011 as District Sales Manager, managing branch offices that span the Minneapolis metropolitan region. During his tenure, Zenk consistently engaged his teams to lead their peers in sales results and achieve organizational milestones. MidCountry Insurance and MidCountry Investments, affiliates of MidCountry Bank will also fall under Zenk’s leadership in his new role.
Kevin is passionate about investing in people, and building a strong team focused on actions that produce results. Maureen O’Brien-Wieser, COO for MidCountry Bank, commented, “Kevin has managed and led as both a branch manager and district manager during his career, and is eager to move our retail delivery channel forward.”
Kevin has over 35 years of retail banking experience to draw on, with exposure to Community Banking, Regional and large National Bank operations. Kevin is a graduate of Augustana College in Sioux Falls, South Dakota, with a degree in Business Administration. He is an active member of his community, supporting Rebuilding Together – Twin Cities, Face-It Foundation, and other civic and charitable causes.