First Resource Bank in Minneapolis has new leadership.
The $830 million-asset bank said in a press release that Aaron Siegle became CEO, and Charlie Anderson became president and chief operating officer on Jan. 1. Siegle succeeded his father, Tim, who remains chairman of holding company Ameri Financial Group.
The elder Siegle is the bank’s vice chairman.
The younger Siegle was president.
“Because of the willingness of our leadership to allow the next generation to step into these roles, something truly special has materialized,” Tim Siegle said in the announcement. “The plan has worked to perfection. We have the most talented staff in the Twin Cities, and the momentum and success we’re seeing are beyond what anyone imagined.”