The president of Glenwood State Bank in Glenwood, Minn., is leaving to take a job at the Independent Community Bankers of America.
Peter Nelson, who is leaving the $556 million-asset bank on Feb. 7, will become the ICBA’s senior executive vice president of member engagement. Kari Nelson was named to succeed Peter Nelson as interim bank president.
Peter Nelson will remain on the bank’s board of directors and serve as an adviser.
“I am incredibly grateful for my time as president at Glenwood State Bank,” Peter Nelson said in the release.
“This experience has ignited a passion within me for the critical role community banks play in the success of our nation,” he added. “Community banks not only drive economic growth but also nurture the vitality of our communities. I look forward to sharing this important message on a national stage with ICBA.”