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Last $246.00 USD
Change Today 0.00 / 0.00%
Volume 0.0
DBIN On Other Exchanges
As of 8:10 PM 05/7/15 All times are local (Market data is delayed by at least 15 minutes).

dacotah banks inc (DBIN) Snapshot

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06/13/14 - $290.00
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04/30/15 - $212.00
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dacotah banks inc (DBIN) Details

Dacotah Banks, Inc., a bank holding company, provides various banking services to individuals, businesses, and agricultural customers. Its deposit products include demand deposits, checking accounts, direct deposits, money market accounts, individual retirement accounts, health savings accounts, certificates of deposit, and lines of credit. The company’s loan portfolio comprises personal and vehicle loans; business overdraft protection; business loans; and commercial and agricultural real estate loans. It also offers mortgages, including adjustable rate mortgage, balloon mortgage, conventional residential mortgage, Federal Housing Administration financing, fixed rate mortgage, investment property financing, business equity line of credit, commercial property financing, land acquisition financing, and refinancing. In addition, the company provides insurance products comprising auto, disability, flood, health, health savings, homeowners, household inventory, identity theft, life, long-term care, Medicare supplement, recreational vehicle, renters, and umbrella liability insurance; business owners, business vehicle, crime protection, employee benefits, general liability, home-based business, property and investment real estate, and workers compensation insurance; and crop hail, farm and ranch asset and vehicle, and multi-peril crop insurance. Further, it offers trust and wealth management services, such as elder care, estate and retirement planning, estate settlement, and farm and money management services; credit cards; cash management services; and phone and online banking services. The company operates through 33 full service banking locations in North Dakota, South Dakota, and Minnesota. Dacotah Banks, Inc. was founded in 1964 and is headquartered in Aberdeen, South Dakota.

dacotah banks inc (DBIN) Top Compensated Officers

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Executives, Board Directors

dacotah banks inc (DBIN) Key Developments

Dacotah Banks, Inc. and Dacotah Bank Announces Management Changes

Dacotah Bank has announced several management changes as of the first of 2015. Rodney Fouberg retired as chairman of Dacotah Banks, Inc. and Dacotah Bank, but will continue to serve as a member of both boards of directors. Richard Westra assumed the chairmanship of both boards of directors. Joe Senger became president and CEO of Dacotah Banks, Inc. and Dacotah Bank and serves on both boards of directors. Robert Fouberg became executive vice president, and remains general counsel, of Dacotah Banks, Inc. and Dacotah Bank. Rodney Fouberg joined the company in 1967 and served in various roles before becoming chairman and CEO in 1984. He serves or has served on the boards of directors of a number of charitable and economic development organizations and served one term as a member of the board of directors of the Federal Reserve Bank of Minneapolis. Richard Westra joined the company in 1973 and served in various roles before becoming president and CEO of Dacotah Bank in 1980 and adding the role of president and CEO of Dacotah Banks, Inc. in 2007. Westra also serves or has served on the boards of directors of a number of charitable and economic development organizations, served one term as a member of the board of directors of the Federal Reserve Bank of Minneapolis, and five terms on the South Dakota Banking Commission. Joe Senger joined the company in 2002 following 26 years of service with other organizations in the banking and financial services industry. He served first as senior vice president of credit administration and then executive vice president since 2010. Robert Fouberg joined the company in 2003 following service as a private practice attorney, legislative counsel to Representative John Thune and senior counsel at the American Bankers Association. He served first as a commercial lender, vice president and counsel, and then senior vice president and general counsel since 2008.

Dacotah Bank Appoints Bryan K. Phillips as Director of Information Security

Bryan K. Phillips has been named Director of Information Security at Dacotah Bank. He will oversee the information security framework and information security programs. Phillips is an Aberdeen native with over 20 years of technology experience. He has worked for various companies in internet and technology, technology value-added reseller, education finance, and health care.

Dacotah Bank Announces Promotion of Larry Ringgenberg to Market President for New Dacotah Bank in Morris

Dacotah Bank has announced the promotion of Larry Ringgenberg to market president for the Morris and Chokio community regions. Ringgenberg has been employed at Dacotah Bank for 6 years as a senior agricultural banker in Brookings and he has 35 years of experience in all aspects of lending and management.


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