Woodland Bank in Deer River, Minn., has a new president.
The $138 million-asset bank named Kurt Werner to the post, according to BusinessNorth.com. Werner, who was an executive vice president at the bank, took over day-to-day operations and will oversee the lending department.
“We have built a high-performing team that requires we recruit, retain and recognize individuals for their leadership and contributions,” Brian Nicklason, Woodland’s CEO, was quoted in the publication.
“All of the individuals promoted exemplify our company’s highest standards of integrity,” Nicklason added. “They’re passionate team players who consistently develop new strategies that exceed clients’ expectations while growing our business.”
Nicklason will remain CEO and oversee strategic direction and customer relationships.