January 6, 2022
Dacotah Bank — (Aberdeen, S.D.) — Dacotah Bank announces changes to leadership in its Southern Region effective January 1, 2022. Dave Bangasser, former regional president of Dacotah Bank’s Southern Region, assumed the role of Senior Vice President Chief Banking Officer. With his new role, Dave will provide direction and support to regional presidents as they oversee their respective markets and execute on the Mission and Vision of the Company. In response to Dave’s transition, Dacotah Bank is proud to announce the promotion of Jerry Tveidt, former director of credit risk, to regional president on January 1, 2022. As regional president, Jerry will serve as a resource and leader to locations in Brookings, Clark, Custer, Henry, Rapid City, Sioux Falls, Watertown and Willow Lake.
Dave Bangasser has been in the community banking industry for 40 years, including Western Bank in Sioux Falls, SD; small business banking for American National Bank in St. Paul, MN; Firstar Bank of Minnesota and Heritage National Bank in North St. Paul, MN. He began his career with Dacotah Bank in Sioux Falls in 1995 where he has served as a market and regional president. Dave is a graduate of the University of Sioux Falls and the Graduate School of Banking in Colorado.
Dave has served as a board member for the South Dakota Bankers Association and is the 2022 board chair. He is also a member of the state board for Junior Achievement of South Dakota. Dave is married with one daughter and the proud grandpa of two grandchildren.
Jerry is a NDSU graduate and began working as an examiner for the South Dakota Division of Banking in 2006. In 2012, Jerry moved his expertise to BankWest as a special assets/market analyst. He began his career with Dacotah Bank in 2013 as a credit risk manager. In 2014, he became the director of credit risk. Jerry graduated from Dacotah Bank’s executive leadership program, The Academy, in 2017.
Jerry is currently serving on the YMCA’s Youth Development Center Steering Committee and as the Dacotah Bank liaison for Sleep in Heavenly Peace. He volunteers his time as a member of the Aberdeen Dacotah Cares team, serving the Table of Plenty banquet and Junior Achievement of South Dakota. Jerry lives in Aberdeen with his wife and two children.