July 31, 2023
Dacotah Bank — (Minneapolis, M.N.) —
Dacotah Bank is excited to enter the Twin Cities market and welcomes an experienced banking team to lead the efforts of the new corporate banking division. With the addition of the Minneapolis/St. Paul market, Dacotah Bank has 35 locations throughout North Dakota, South Dakota and Minnesota. The bank first entered Minnesota in 2013 through the acquisition of United Farmers & Merchants State Bank, which had locations in Morris and Chokio.
“We are excited to enter the Minneapolis-St. Paul market and have assembled an incredible team to deliver Dacotah Bank’s brand of banking,” said Chairman and CEO Robert Fouberg.
Todd Senger was welcomed as the senior vice president of corporate banking in Minneapolis. Todd has over 20 years of experience in the market and is no stranger to Dacotah Bank. Senger’s father, Joe Senger, was president and CEO of Dacotah Bank from 2014 through 2020 and continues to work with the company, focusing his time on development of the Minneapolis-St. Paul Market.
Todd stated, “we are incredibly fortunate to join a first-class culture that puts clients and employees at the center of everything we do.”
Since the announcement of the expansion, seven additional bankers have joined the corporate banking team in Minneapolis: Phil Krump, market executive; Sean Ball, managing director; Blair Madsen, managing director; Daniel Schrader, managing director; Kirk Pauley, director; Laura Senger, director; and Chris Mulder, associate director. The Minneapolis team occupies a newly renovated space in the 60 South Sixth tower in downtown Minneapolis.