Three Bank Midwest officers took on new duties effective February 1, 2014, according to bank president and CEO Steve Goodenow.
Allen Core, who has served as Bank Midwest Chief Credit Officer for more than 15 years, has assumed the role of Senior Ag and Commercial Lender on the Fairmont team.
“Our company’s strong credit culture, asset quality, and lending bench strength is in large part due to Allen’s leadership and skilled oversight of credit underwriting and lending decisions,” states Goodenow. “Allen is looking forward to being able to focus on the Fairmont market, where he can develop new business and work directly with our ag and commercial customers.”
Tom Lytle, a native of Sherburn, MN, who joined Bank Midwest in 1997, has been named Chief Risk Officer. He will be responsible for all aspects of risk within the company, including credit risk. “Effective risk management is a key component of financial strength,” says Goodenow, “And Tom’s skill sets align with the performance this position requires.”
Brent Schultze, who joined Bank Midwest in 2003, and who has been working directly with Allen Core for the last several years, has been promoted to Chief Credit Officer. States Lytle, “Brent has shown a unique ability to work effectively in this role. He will do a great job in this important position at Bank Midwest.”
Bank Midwest is an employee-owned organization and home of the “Great Experience, One Place.” It has assets of $701 million, and is a full-service bank offering loans and traditional FDIC-insured accounts, as well as insurance, investment and trust services.