New Ulm, MN – Bank Midwest is thrilled to announce the promotion of Shannon Hillesheim to Chief Banking Officer, recognizing her strong leadership, commitment to customers and communities, and proven success throughout her career with the bank.
In her new role, Hillesheim will lead strategic growth initiatives across Bank Midwest’s business lines, working collaboratively across the organization to identify opportunities, strengthen relationships and support the bank’s continued growth and success.
Shannon will also continue serving as Regional President, overseeing market performance and fostering collaboration across business lines to deliver a consistent, relationship-focused experience for customers.
“Shannon has demonstrated exceptional leadership throughout her time at Bank Midwest,” said Luke Donnenwerth, President. “She brings a unique combination of strategic vision, business knowledge and a genuine commitment to the communities we serve. Her ability to build relationships and bring people together makes her an invaluable leader, and we are excited to see her expand her impact in this new role.”
Hillesheim joined Bank Midwest in 2015 and has led the New Ulm market since her arrival. During that time, she has played an important role in the market’s success while building strong relationships with customers, businesses and community organizations.
Her leadership extends well beyond the bank. Hillesheim is deeply involved in the New Ulm community and has consistently dedicated her time and talents to organizations, events and initiatives that strengthen the community. She is known for her willingness to volunteer, lend a hand and invest in the people and organizations that make New Ulm a great place to live and work.
“I am honored to step into this role and have the opportunity to serve Bank Midwest and our communities in an expanded capacity,” said Hillesheim. “I have been fortunate to work alongside incredible employees, customers and community partners throughout my time at Bank Midwest, and I look forward to continuing to build on those relationships and find new opportunities for us to grow together.”
Hillesheim’s promotion reflects Bank Midwest’s continued focus on strong leadership, collaboration and long-term growth while maintaining the community-focused approach that has defined the bank for more than 140 years.
About Bank Midwest
Bank Midwest is an employee-owned organization with 12 locations throughout Iowa, Minnesota and South Dakota. With a mission rooted in connection, integrity, and local service, Bank Midwest is committed to empowering customers and strengthening the communities it calls home. The financial institution has assets exceeding $1.3 billion, and is a full-service financial institution offering loans and traditional FDIC-insured accounts, as well as insurance, investment and trust services. *Investments and insurance services are not deposits, not FDIC insured, not guaranteed by the bank and may go down in value.
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