Bank Midwest Announces New Market President, Nicky Simpson

Nicky Simpson SquareFairmont – Bank Midwest is pleased to announce the promotion of Nicky Simpson to Market President of Fairmont and Sherburn, MN and Armstrong, IA.

A graduate of Fairmont High School, Nicky (Core) Simpson has nearly 25 years of banking experience, of which 14 have been in key positions at Bank Midwest.

Kevin Pfingsten, current Market President will remain at Bank Midwest, facilitating the leadership transition and working closely with customers. “Congratulations to Nicky as she expands her role to include leading our Martin County banks,” said Pfingsten. “Nicky has a wealth of industry expertise, a strong commitment to community service, and a focus on customer experience that is second to none. This is a well-deserved promotion, and the timing is ideal.”

Simpson is a graduate of both St. Cloud State University and the Graduate School of Banking at Colorado. Prior to her promotion, she led the Armstrong, IA office and was Vice President of Retail Banking for all Bank Midwest locations.

“I’m excited to be part of the Martin County team,” said Simpson. “Working in a community that I call home is an honor. It also helps that over 70 fellow Bank Midwest employee-owners call this market home.”

When she’s not at work, Nicky spends time enjoying the outdoors and attending children’s sporting events with her husband, Nic, and their two daughters.

Bank Midwest is an employee-owned organization with 11 locations throughout Iowa, Minnesota and South Dakota. The financial institution has assets exceeding $1 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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